Federal Flood, States’ Wind Plans Need Further Reforms September 9, 2013 By Young Ha A recent report from the Union of Concerned Scientists, a watchdog group, calls for further reforms to flood and wind...
Chubb Q2 Profit Jumps 43% to $579M; Renewal Rates Up in All Business Units July 26, 2013 By Young Ha The Chubb Corp. reported its 2013 second quarter net income of $579 million, a 43.3 percent increase from $404 million...
W.R. Berkley Q2 Profit Up 6%; Rates Up 6.5%; CEO Comments on Berkshire July 23, 2013 By Young Ha W.R. Berkley Corp. reported $116 million net income for its 2013 second quarter, up more than 6 percent from $109...
Travelers’ Q2 Profit Climbs 85% to $925M; Auto Unit Layoffs Planned July 23, 2013 By Young Ha The Travelers Companies today reported net income of $925 million for its 2013 second quarter, an 85 percent jump from...
New York, Pennsylvania Rank High for Opioids Among Injured Workers May 20, 2013 By Young Ha Editor’s Note: This is part of a team report on opioid use by injured workers. For the national story read:...
50 Top Apps for Independent Agents May 14, 2013 By Andrea Wells, Don Jergler and Young Ha Mobility technology is changing the way the insurance industry operates. But when it comes to working on the go, nothing...
Liberty Mutual Q1 Profit Falls 31% to $318M Amid Investment Losses May 3, 2013 By Young Ha Boston-based Liberty Mutual reported Thursday its net income fell 30.7 percent to $318 million for its 2013 first quarter, compared...
Experts Weigh Boston Bombings’ Impact on Government-Backed Terrorism Insurance April 30, 2013 By Young Ha The April 15 Boston bombings could have an impact on the efforts to renew the federal government’s terrorism insurance backstop....
‘Business As Usual’ Following Departures of AIG Execs April 29, 2013 By Young Ha and Andrew G. Simpson American International Group (AIG) has no intention of changing its excess and surplus lines business following the departure of four...
W.R. Berkley Corp. Divests, Connecticut Bank Acquires InsurBanc April 22, 2013 By Young Ha InsurBanc, a federal savings bank founded by the Independent Insurance Agents & Brokers of America and W.R. Berkley Corp. a...