Latest Profit Loss Headlines
All the headlines from our Profit Loss Topic Page, ordered by recency.
NCCI Proposes Decrease for Workers’ Comp Loss Costs in Vermont
Dec 5 2014 // The National Council on Compensation Insurance (NCCI) recently delivered a workers’ compensation loss cost filing to the Vermont Department of Financial Regulation. Based upon its review of the most recently...
Alexander Forbes Swings to Profit After Capital Restructuring
Dec 2 2014 // Alexander Forbes Group Holdings Ltd., a South African financial services company, swung to a profit in the first half after changing its capital structures in preparation for its initial public offering in July. Net income...
Massachusetts AG Coakley Keeps Working Despite Narrow Election Loss
Dec 1 2014 // Massachusetts Attorney General Martha Coakley appears determined to wrap up her eight years as the state’s top law enforcement official on an active note. The Democrat is back to work after losing her second grueling...
World’s Top 15 Commercial Lines Brokers Write 43% of Business: Finaccord
Dec 1 2014 // The world’s top 15 insurance brokers write more than 43 percent of the commercial lines property/casualty business globally, according to a new ranking by London research firm Finaccord. The same report says that the...
Insurers’ Winter Storm Losses to Climb Due to Polar Vortex: I.I.I.
Nov 26 2014 // Insured losses from winter storms in the U.S. will climb well above $2.5 billion in 2014, double the annual average over the previous two decades. The Insurance Information Institute says the polar vortex will be...
Risk and Insurance Experts Predict Thanksgiving NFL Winners, Losers
Nov 26 2014 // Ah, Thanksgiving. A time for family, good meals and joy – unless your team epically fails on national television, stirring your gut into an acidic cauldron of turkey, stuffing, cranberry sauce and mounting...
Connecticut Approves NCCI’s Workers’ Comp Loss Cost Decrease Filing
Nov 21 2014 // The Connecticut Insurance Department recently approved the National Council on Compensation Insurance’s (NCCI) workers’ compensation filing for an overall -0.6 percent change for pure premium loss costs and an...
Louisiana Court Rulings in Disability Case Go from Bad to Worse for Insurer
Nov 19 2014 // We’ve all had a bad day at the office, but some days are worse than others. It doesn’t get much worse than having a court — two courts in fact — tell you that not only is your position wrong, but it is so...
A Tough Day at the Office
Nov 17 2014 // Court Rulings in Disability Case Go from Bad to Worse We’ve all had a bad day at the office, but some days are worse than others. It doesn’t get much worse than having a court – two courts in fact – tell...
Top 50 Personal Lines Leaders
Nov 17 2014 // About the Personal Lines Leaders: The 2014 Personal Lines Leaders in this special feature are taken from Insurance Journal‘s Top 100 Property/Casualty Independent Agencies as reported in August. This list utilizes...
Hiscox Endorsement Covers Business Loss by Cyber Deception, Phishing
Nov 13 2014 // International specialist insurer Hiscox is now offering a Cyber Deception endorsement as part of its crime insurance that is aimed at protecting businesses against malicious efforts by criminals to trick employees into...
ACE Group Offers Tiered Loss Mitigation Services for Cyber
Nov 13 2014 // ACE Group is offering a new Loss Mitigation Services designed to help businesses reduce the possibility of cyber security attacks and data breaches from occurring, minimize potential losses, and prepare for possible...
Liberty Mutual Profit, Revenue Up in Q3
Nov 13 2014 // Liberty Mutual Holding Co. concluded its 2014 third quarter with another jump in net income, higher revenues, a new reinsurance agreement and more than $1 billion in debt raised to help strengthen its balance...
Catlin Group Interim Report Shows 11% Hike in Gross Premiums Written
Nov 13 2014 // Catlin Group Limited, the Bermuda-based specialty property & casualty insurer and reinsurer, has issued its interim management statement for the nine-month period ended September 30, 2014, which shows premiums reported...
World’s Top 15 Commercial Lines Brokers Write 43% of Business: Finaccord
Nov 12 2014 // The world’s top 15 insurance brokers write more than 43 percent of the commercial lines property/casualty business globally, according to a new ranking by London research firm Finaccord. The same report says that the...
Berkshire Nearly Quadruples Insurance Profits; Boosts Premiums 50%
Nov 11 2014 // While investment losses pulled net income for Warren Buffett’s Berkshire-Hathaway down 8.6 percent to $3.6 billion in third-quarter 2014, a 40 percent jump in operating income for the group’s insurance and...
NCCI Proposes Decrease in Workers’ Comp Loss Costs in Georgia
Nov 7 2014 // The National Council on Compensation Insurance (NCCI) recently delivered a workers’ compensation loss cost and assigned risk rate filing to the Georgia Department of Insurance. Based upon its review of the most...
Allianz Reports 11.2% Hike in Net Income During Third Quarter
Nov 7 2014 // During the third quarter of 2014, Allianz Group reported total quarterly revenues increased 14.5 percent to 28.78 billion euros*, compared to 25.14 billion euros in the third quarter of 2013. Operating profit stood at 2.65...
Swiss Re Net Income Rises 14%, Supported by Lower Catastrophe Losses
Nov 7 2014 // Swiss Re AG, the world’s second- biggest reinsurer, said third-quarter profit rose 14 percent, beating analysts’ estimates, following lower-than-expected losses from natural catastrophes. Net income rose to...
Munich Re Profit Misses Estimates as Investment Income Falls
Nov 6 2014 // Munich Re, the world’s biggest reinsurer, posted third-quarter profit that missed analyst estimates as low interest rates eroded returns from its fixed- income investments. Net income rose 16 percent from the...
