Markel Q3 Income Drops on Investments but Insurance ‘Solidly Profitable’ November 4, 2022 By Allen Laman On the heels of a third quarter that saw increased earned premiums compared to the same stretch in 2021, leaders...
Moody’s: Environmental Considerations Increasingly Pressuring Issuers’ Credit Profiles November 3, 2022 By Don Jergler A Moody’s Investors Service Report shows that 16 sectors holding $4.3 trillion in rated debt are exposed to high or...
Nationwide Catalytic Converter Theft Ring Taken Down in Raid November 3, 2022 By Chad Hemenway Twenty-one people in nine states were arrested and charged Nov. 2 with their roles in conspiracies to steal catalytic converters...
People Moves: Kuchma CEO Hamilton Select; O’Neill AXA XL New Head of Crime & Crisis; Branch Hires First CFO November 3, 2022 Hamilton Names Kuchma as CEO of US E&S Insurer Hamilton Select Hamilton Insurance Group announced the appointment of Anita Kuchma...
Progressive Easing Up on Rate Hikes; Flo Coming Back to a State Near You November 3, 2022 By Susanne Sclafane Progressive’s Flo won’t reappear on TV screens in every state, but the insurer she pitches for is comfortable pursuing business...
Insuring Cannabis Summit: Industry Deserves Lower Rates and More Capacity November 3, 2022 By Don Jergler Improved and more sophisticated risk management in the cannabis industry warrant reduced insurance costs and more capacity, says the head...
NSA Watchdog Concluded One Analyst’s Surveillance Project Went Too Far November 3, 2022 By Katrina Manson, William Turton and Jason Leopold An “experienced” analyst working at the National Security Agency developed a surveillance project about a decade ago that resulted in...
Allstate Q3 Net Income in the Red; Continues Efforts to ‘Restore Property-Liability Margins’ November 3, 2022 By Chad Hemenway Allstate Corp. said it recorded a third quarter net loss applicable to common shareholders of $694 million compared to net...
Update: FEMA Flood Maps are Misleading, Blocking Insurance Uptake, Report Shows November 3, 2022 By William Rabb This article was updated Nov. 6, 2022 to include more information from FEMA and Neptune Flood Insurance. Researchers at North...
CNA Records 50% Drop in Q3 Net Income November 2, 2022 Net income at CNA Financial Corp. was down 50% for third quarter of 2022 compared to the prior year quarter,...