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Marsh McLennan Reports 4% Organic Revenue Growth, Down From Q3 2024
Oct 16 2025 // Marsh McLennan reports consolidated revenue during the third quarter of $6.4 billion, an increase of 11% over Q3 2024, or 4% on an underlying (organic) basis, down from 5% during Q3 2024. John Doyle, president and CEO,...
Travelers Q3 Net Income Soars 50% on Lower Catastrophe Losses
Oct 16 2025 // Third quarter net income at The Travelers Cos. increased 50% compared with the same period a year ago, to about $1.9 billion on lower catastrophe losses. Catastrophe losses for the third quarter this year were $402 million...
Workers’ Compensation Continues to Lead P/C Industry With Strong Profits
Oct 8 2025 // Although economic uncertainty could affect insurers in the near to midterm, the workers’ compensation line continues to be a key driver of the profitability of the entire property/casualty insurance industry even as...
People Moves: Air Force, OSHA Veteran Stager Joins MEMIC Loss Control Team
Oct 2 2025 // Eric Stager The MEMIC Group, headquartered in Portland, Maine, hired Eric Stager to serve as a safety management consultant on its loss control team. He will work with policyholders throughout the Northeast. Stager served...
Wildfire Smoke Set to Cause Mounting Deaths and Economic Losses
Sep 22 2025 // Increased wildfire smoke could lead to 1.4 million premature deaths globally each year by the end of this century, according to a new study. Scientists at China’s Tsinghua University found that early deaths linked to...
China’s EV Boom Saddles its Auto Insurers With Chronic Losses
Sep 22 2025 // China’s giant electric vehicle insurance market is flailing. Losses are piling up, as companies’ risk models haven’t kept up with changes in vehicle economics and driver behaviors. The country now has...
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