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State Auto Financial Corp.'s latest financial results appear to be a step in the right direction. The Columbus, Ohio-based super regional insurer reported 2017 second quarter net income of $8.7 ...
The Travelers Companies' CEO Alan Schnitzer has added the title of "chairman" to his nameplate, ending a management structure put in place after the company's legendary leader, Jay Fishman, died of ...
As sizable as Travelers' $595 million in 2017 second quarter net income was, it was a good 10 percent lower than the same period a year ago. Weather-related losses and higher personal body injury ...
The Hartford said it will transfer $1.6 billion of its pension liabilities to Prudential Financial, affecting current and future benefits for about 16,000 former employees. Plans call for having the ...
The Allstate Corp. disclosed $235 million in pre-tax catastrophe losses for April. Broken down, the number encompasses 11 catastrophe events that cost the insurer $229 million pre-tax, plus ...
Tornadoes and mobile homes don't mix to begin with, but throw in the volatility of climate change and the potential for massive property damage and deaths is even higher in coming decades, indicates ...
Allianz SE is sticking with its full-year profit target as improving returns offset a jump in losses from natural catastrophes. The insurer reiterated an operating profit target of 10.3 billion euros ...
InsurTech venture funding plunged 64 percent in the 2017 first quarter compared to the previous year, but the reason for the drop may actually be quite positive, according to a new Willis Towers ...
Desjardins Group is looking to acquire insurers, wealth managers and payments firms to expand further outside Quebec and challenge the dominance of Canada's big financial services firms, Chief ...
The Hartford Chairman and CEO Christopher Swift said he remains interested in potential acquisitions – even large ones – less than a year after completing a noteworthy M&A deal in mid-2016. ...
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