U.S.
Multiple Red Flags Place Profitable Growth for U.S. P/C Insurers in Jeopardy
While the U.S. property/casualty insurance industry is well capitalized and market sentiment is mostly positive, it still faces economic and market-based headwinds that will challenge its profitable ...
The Hartford, Slammed by Hurricane Losses, Still Makes a Q3 Profit
Hurricanes slashed The Hartford's 2017 third quarter net income nearly in half compared to the same period a year ago. The property/casualty insurer's commercial lines and personal lines combined ...
The Hartford Will Acquire Aetna’s U.S. Life, Disability Biz in $1.45B Cash Deal
Hartford Financial Services Group Inc said on Monday it would buy health insurer Aetna Inc's U.S. group life and disability business for $1.45 billion cash in a move that will expand its insurance ...
The Latest Launches From Karen Clark & Co. and AIR Worldwide
Karen Clark & Company released its new Severe Convective Storm Reference Model. AIR Worldwide Worldwide has introduced a new inland flood model for Japan, along with enhancements to its Japan ...
Impatient InsurTechs Will Create MGAs, Carriers On Their Own
More than 1,000 technology startups are seeking a role in insurance and risk management, and they're doing so with or without traditional distribution partner collaboration, an industry panel said ...
Another J&J Appeals Win: Judge Tosses $417M Verdict in Talc/Cancer Lawsuit
A California judge on Friday threw out a $417 million verdict against Johnson & Johnson in a lawsuit by a woman who claimed she developed ovarian cancer after using its talc-based products like ...
Executives On The Move at Chubb, CNA and The Hartford
Chubb appointed three executives focused on various aspects of government lobbying. CNA named an executive to a new underwriting position within its Commercial unit. The Hartford has two new board ...
Lloyds, RMS Say After-the-Fact ‘What Ifs’ Can Help Insurers Prepare for Future Catastrophe Risks
What if history had a different outcome? Lloyd's of London and RMS say that exploring that idea for major catastrophe events (or near misses) of years past could actually help insurers better analyze ...