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Coalition, a cyber insurance managing general agency and security company, said it has raised $175 million to accelerate its growth and global expansion. The firm said it will use the funds to expand ...
RSA UK & International has merged its Commercial Risk Solutions (CRS) and Global Risk Solutions (GRS) businesses to create a single business unit focused on commercial lines. This move follows ...
The Hartford reported improved results for the second quarter compared to the same quarter last year, particularly in its commercial lines and group benefits businesses. Overall net income was $582 ...
Last month, major commercial lines insurance renewal premiums continued trending upward, with one exception: workers compensation. The line remains in negative territory for the year, according to ...
State Auto Financial Corp. named new heads of its commercial and personal lines divisions as it continues efforts to improve its financial results. Kim Garland is the new senior vice president, ...
For private U.S. property/casualty insurers, the first nine months of 2016 were markedly worse than the same period in 2015, due to higher catastrophe losses and less favorable reserve development. ...
The commercial lines segment won't be able to shake the negative outlook A.M. Best assigned it anytime soon. The ratings agency said it will keep that assessment the same heading into 2017, because ...
For U.S. property/casualty mutual insurers, growth in the small commercial market is outpacing personal lines growth, a trend driven by carriers' desire to remain competitive, A.M. Best said in a new ...
Catastrophes, lower favorable loss reserve development and challenging market conditions continued to pressure U.S. property/casualty insurers through the first half of the year, leading to an ...
CNA plans to eliminate its Central zone branch network as a standalone zone and realign it into the property/casualty insurer's other remaining U.S. market territories. The Chicago-based insurer ...
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