Industry News
Allstate’s Plan to Return to Profit in Auto
Following a year of turbulence in its auto insurance business, Allstate Corp. outlined what CEO Tom Wilson called the company's No. 1 priority: improve margins. Allstate ended 2022 with an ...
Executives on the Move at QBE NA, The Hanover, Arch
QBE North America announced two key executive appointments: Rachel Pollack has been appointed chief people officer, responsible for leading the development and implementation of the North America ...
Shopping Safely: Managing Cybersecurity, Insurance in E-Commerce
Online retailers will need to remain as resilient as possible to combat increasing cyber crime in the wake of a pandemic surge in online shopping, according to David Emm, senior security researcher ...
California Climate Bills Requiring Broad Disclosures Have National Implications
A pair of California bills requiring large companies to report emissions from across their supply chains and creating more stringent reporting of climate-related impacts could have implications ...
Allstate Reports $310M Q4 Loss as Auto Claims Costs Motor Past Rate Hikes
As it had warned last month, Allstate Corp. reported a fourth-quarter 2022 loss of $310 million as losses from auto insurance outpaced an increase in revenue. Results were in comparison to net income ...
The Hanover Reports $11M Q4 Loss
The Hanover Insurance Group reported a fourth-quarter 2022 loss of $11.6 million, driven by widespread catastrophic losses from Winter Storm Elliott. Results were in comparison to net income of ...
Insurance Groundhogs Have Their Day: Some Primary Prices Need to Go Higher
Sure, it's nice to know whether Spring is around the corner or more than a month away, but what about insurance market conditions? How long will a hard market last in many lines? Are insurance prices ...
The Latest Launches from ExecutivePerils, Corvus, Hippo
ExecutivePerils, a DOXA Insurance Holdings company and independent wholesaler, announced the launch of its new insurance policy, EPL+WHIP. This new product combines wage and hour insurance protection ...