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Jumps in rates and written premiums did little to move the needle on underwriting profits for U.S. personal auto insurers, Fitch Ratings reported based on a recent review of midyear results of nine ...
Carrier mergers and acquisitions could reach historic levels in 2021 based on early indications from a robust first quarter, according to a new Standard & Poor's report. U.S. and Bermuda-based ...
Highly profitable sub-90 personal auto combined ratios recorded by 10 publicly traded property/casualty insurers in 2020 don't look anything like the 106 recorded in 2016. But they're headed in that ...
A group of about 60 American businesses on Thursday urged their insurers to stop providing coverage to and investing in fossil fuel producers. In a letter, companies including outdoor-gear producer ...
Hurricane Florence is still hundreds of miles off the U.S. East Coast, but insurers are starting to see their potential costs from one type of claim mount as companies halt operations to let ...
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 ...
A $94 billion financial behemoth is keeping the market on tenterhooks about its next move. Europe's largest insurer, Allianz SE, is in the early stages of evaluating a variety of potential ...
Insurers and reinsurers around the globe are looking to raise rates after what looks set to be their most costly quarter on record. Hurricanes Irma and Maria alone caused as much as $135 billion in ...
Insurers are scrambling to find inspectors in Texas and Florida after fierce hurricanes battered the states one after the other, causing tens of billions of dollars' worth of property damage in less ...
Liberty Mutual Insurance's U.S. workers compensation net premiums written for 2014 dropped a whopping 27.5 percent compared to the previous year. The decline was enough to knock it from second to ...
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