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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 ...
The U.S. property/casualty insurance commercial lines sector is poised for a decline in 2016 after a stellar three-year run, with cyclical pressures to blame, Fitch Ratings said in its latest market ...
Lower catastrophe losses led to a surge in net income for The Hanover Insurance Group Inc. during the first three months of 2016. The Worcester, MA-based insurer reported net income of $78.2 million ...
Personal lines insurers are most likely to benefit from wide uses of automation in underwriting, a new report has found. "They are more likely to have a homogenous book of business and a standardized ...
Property/casualty insurers plan to drastically widen their use of predictive analytics over the next two years to expand and grow their operations, a Willis Towers Watson survey has found. What's ...
ACE Ltd. and Chubb were set to close their $29.7 billion merger agreement on Jan. 14 – a scant six months after the companies first announced their surprise deal. The Chubb name will represent the ...
Rating agency A.M. Best said it is maintaining its negative outlook on the commercial lines segment of the U.S. property/casualty (P/C) industry, despite relatively solid aggregate results over the ...
Higher private passenger auto insurance losses in 2015 will end a two-year run of property/casualty personal lines insurance profitability. Rather than being a fluke, however, the trend will continue ...
A moderation of commercial lines insurance pricing that began in early 2013 continued close to two years later, Towers Watson determined in its latest survey of the sector. Specifically, prices grew ...
Competition among property/casualty insurance carriers and the flow of capital into the industry are continuing to drive down rates in most U.S. commercial lines and conditions are particularly ...
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