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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 ...
General Motors Co.'s victory in a Houston courtroom Thursday makes the carmaker three for three in trials related to an ignition-switch defect, but its legal entanglements may stretch on for years. ...
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 ...
Personal lines insurers don't need to be big in order to excel, according to a new study. In fact, only two companies on Conning Inc.'s list of Growth and Profit Leaders are in the top 10 for either ...
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 ...
More than three months after ACE Group said it would snatch up Fireman's Fund's U.S. high-net-worth personal lines business from Allianz for $365 million, the deal is finally closed. ACE isn't ...
The Hanover Insurance Group has a new president in charge of personal lines coverage. He's a veteran executive of the Massachusetts-based U.S. property/casualty insurer who initially came on board a ...
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