News
U.S. and Canada to Unveil Joint Oil Train Safety Regulations
Canada's transport minister was to be in Washington on May 1 for a joint announcement with her U.S. counterpart aimed at harmonizing safety regulations on shipping crude oil by rail, a politically ...
XL CEO: Illiquid Securities and Infrastructure Will Boost Portfolio Yields
XL Group Plc Chief Executive Officer Mike McGavick said the insurer is looking to illiquid securities and infrastructure investments to boost portfolio yields squeezed by interest rates that are near ...
The success of MGAs needs little introduction. For the past several years, the MGA story has been one of growth,...
AIG Commercial P/C Profit Soars; $3.5B Stock Repurchase Planned
American International Group Inc. said it will repurchase another $3.5 billion in stock after first- quarter profit climbed 53 percent on gains at the unit selling property and casualty insurance to ...
PCI, NAMIC, AIA Urge Congress to Protect State-Based Insurance Regulatory Process
The Property Casualty Insurers Association, the National Association of Mutual Insurance Companies and the American Insurance Association are calling for Congress to ensure state-based insurance ...
J.D. Power: Erie Insurance #1 in Auto Insurance Sales Customer Satisfaction
Erie Insurance, Ameriprise and The Hartford earned the highest customer satisfaction rankings for auto insurance sales, according to the J.D. Power 2015 Insurance Shopping Study. Based on a ...
Assurant Announces Possible Sale of Health Biz; Refocusing on Core P/C Specialty
Assurant announced a strategic decision to double-down on its property/casualty specialty insurance efforts, while considering possible sales of its employee benefits and health segments. "Following ...
Driverless Cars Seen as Inevitable Game-Changer For Insurance and Transportation
Picture a work day that begins like this: You step out of your house and into a self-driving vehicle, which carries you comfortably and safely to your office while you read the newspaper. After ...
Swiss Re Rallies in Q1 With ‘Acceptable’ Rate of Policy Renewals
Swiss Re, the world's second-largest reinsurer, beat forecasts with a 17 percent rise in first-quarter net profit on Thursday, boosted by strong investment returns, and said it was able to renew ...