The Federal Emergency Management Agency said in February that it needs to borrow $2 billion from the U.S. Treasury to...
Articles by Chad Hemenway
Insurance brokerage Arthur J. Gallagher & Co. has signed a definitive agreement to acquire Woodruff Sawyer for $1.2 billion. Andy...
Safeco Insurance will stop being a brand name in 2026, and Liberty Mutual Insurance will sell all of its personal...
Root Inc. followed up its first ever quarterly net profit in the third quarter with another in the last quarter...
Insurtech Lemonade reported a fourth quarter 2024 net loss of about $30 million and a loss for the year of...
Selective Insurance Group reported a 24% drop in fourth-quarter 2024 net income as its chief executive admitted the year did...
Chubb posted record property/casualty underwriting income of about $1.6 billion, up 3.8% during the last quarter of 2024. Fourth-quarter net...
The Travelers Cos. said fourth-quarter 2024 and full-year net income increased 28% and 67%, respectively, on strong underlying underwriting results....
The U.S. property/casualty industry took another underwriting loss in 2024, but results improved thanks to rate increases and changes in...
The U.S. Equal Employment Opportunity Commission said it will enforce antidiscrimination laws against employers that “illegally prefer non-American workers.” In...