News
Travelers Q3 Net Income Soars 50% on Lower Catastrophe Losses
Third-quarter net income at The Travelers Cos. increased 50% compared with the same period a year ago, to about $1.9 billion on lower catastrophe losses. Catastrophe losses for the third quarter this ...
Empathy Key Competitive Edge Companies Shouldn’t Ignore: Zurich
A new study highlights how empathy can bridge the customer satisfaction gap between expectations and experience, according to Zurich Insurance Group. In a new report, "Addressing the Empathy Gap: How ...
10 Riskiest U.S. Roads for Drivers this Halloween
New analysis shows that aggressive driving peaks during the weekends, coinciding with Halloween celebrations this year, according to Allstate's Drivewise data. Aggressive driving behavior in major ...
California Sues Plastic Bag Makers Alleging They Lied About Products Being Recyclable
California ramped up its efforts to curb plastic pollution Friday — suing three plastic-bag makers, alleging the companies falsely claimed their products were recyclable. State Attorney General Rob ...
Can a More Unified Front Be Formed Against Legal System Abuse?
To tell the public what it spends on insurance—an amount largely affected by what it calls legal system abuse—Uber has started to provide information on customers' receipts. "To give you a sense ...
An Unsustainable Trend – Declining P/C Rates and Rising Cost of Risk: Marsh’s Doyle
Property/casualty prices are declining, while the cost of risk continues to rise – a trend that is unsustainable over time, according to John Doyle, president and chief executive officer of Marsh ...
Too Much Profit? Progressive’s Florida Results Generate Nearly $1B Q3 Charge
Progressive posted $2.6 billion in third-quarter net income last week in spite of taking a nearly $1 billion charge to account for excess profits the carrier will have to return to Florida auto ...
Natural Disaster Claims in 2025 to Again Top $100B Despite ‘Abnormally Low’ Q3 Events
Global insured losses from natural catastrophes during the first nine months of 2025 are estimated to hit $105 billion, bringing the sixth consecutive calendar year with losses topping $100 billion ...