Industry News
Liberty Mutual Completely Reverses Last Year’s Massive Q3 Loss
Liberty Mutual Holding Co. scored a significant profit during its 2016 third quarter versus the same period a year ago, thanks in part to rate increases and more policies in force. The insurer and ...
Next Steps for Cybersecurity Model Law
Having faced a lot of "can't be done" reactions to initiatives like increasing competition in the North Dakota's health insurance market and changing a centuries-old life insurance reserving ...Moving On: What’s Next for N.D. Insurance Commissioner Adam Hamm?
Before Republican Jon Godfread won the election for insurance commissioner in North Dakota last week, the outgoing commissioner, Adam Hamm, spoke to Carrier Management about his decision not to seek ...
Generali Hires Ex-Allianz Exec to Run New U.S.-Based Global Construction Practice
The U.S. arm of Generali Group launched its new Global Construction Insurance practice and has hired a former Allianz executive to run it. Greg Mason will serve as vice president of Construction for ...
What to Expect in Commercial Insurance Pricing in 2017: Willis Towers Watson Forecast
The marketplace for commercial insurance will continue to favor insurance buyers in 2017, particularly those with strategic risk management and risk transfer strategies, according to Willis Towers ...
AIG Apartment Mortgage Lending Climbs 20 Percent, Reaching $5.2B
American International Group Inc., the largest commercial insurer in the U.S. and Canada, has been increasing lending for apartments as the company seeks to counter low yields on publicly traded ...
Tokio Marine’s Houston Casualty Gets Upgrade to A++ from A.M. Best
A.M. Best announced last week that it upgraded the financial strength ratings of the property/casualty members of Houston Casualty Group and of HCC Life Insurance Company to the rating agency's ...
Behind the Battle Over Loss Sensitive Workers Comp Plans: Small Biz vs. Berkshire’s Applied
David Miller is a stickler for safety at the Goodwill stores he runs in central California. So when Applied Underwriters offered his nonprofit a deal on insurance for workplace accidents if he could ...