AIG General Insurance Income Up 82.7% in Q3 on North America Gains November 2, 2023 By Chad Hemenway American International Group (AIG) during the third quarter recorded a 264% increase in underwriting income within its General Insurance segment...
Allstate Shows ‘Progress,’ Narrows Q3 Net Income Loss to $41M November 2, 2023 By Chad Hemenway Allstate Corp. said its net loss for the third quarter was $41 million compared to a loss of $685 million...
Hamilton Insurance Targets Up to $2B Valuation in IPO November 1, 2023 Hamilton Insurance Group is targeting a valuation of up to $2 billion in its U.S. initial public offering, the specialty...
Largest Decline Ever in Agency M&A Through First Three Quarters: OPTIS November 1, 2023 Investment banking and financial firm OPTIS Partners said the count of agency mergers and acquisitions through the first three quarters...
Global Insurance Prices Continue to Stabilize in Q3 as US Cyber Premiums Drop: Marsh November 1, 2023 Global commercial insurance prices increased 3% in the third quarter of 2023, the same as the prior quarter, according to...
Verisk Tops Q3 Expectations on Resilient Demand From Insurers November 1, 2023 Verisk Analytics beat market expectations for third-quarter revenue and profit on Wednesday, as more insurance companies used its products to...
Bayer Ordered to Pay $332M in Another Roundup Cancer Trial November 1, 2023 A California jury on Tuesday found Bayer liable in a case brought by a man who claimed his cancer was...
Ending Polarization and Building Future Leaders: Travelers CEO November 1, 2023 By Susanne Sclafane Challenges facing today’s business leaders include keeping pace with rapid change, the leader of Travelers said last week while also...
SolarWinds Staff Warned About Security Holes Before Russia Hack November 1, 2023 By Jamie Tarabay and Andrew Martin Well before Russia’s audacious cyberattack that exploited SolarWinds Corp.’s software was made public, several employees allegedly raised red flags about...
Alliance of 40 Countries to Vow Not to Pay Ransom to Cybercriminals October 31, 2023 By Zeba Siddiqui Forty countries in a U.S.-led alliance plan to sign a pledge never to pay ransom to cybercriminals and to work...