Catastrophe Losses Hinder Chubb Q1 Net Income April 26, 2023 By Chad Hemenway First quarter net income at Chubb Ltd. fell several percentage points to about $1.9 billion as catastrophe losses evened gains...
W.R. Berkley CEO Says Insurer Isn’t Going to Chase D&O Market ‘Down the Drain’ April 24, 2023 By Chad Hemenway W.R. Berkley Corp. President and CEO Robert Berkley said the insurer is not going to follow the directors and officers...
No Such Thing as a ‘Run on the Bank’ In Insurance Biz: Travelers CEO April 21, 2023 By Susanne Sclafane With recent troubles in the banking sector having only minimal impact on his company’s specialty lines results, the chief executive...
Allstate Estimates $1.7 Billion in Q1 Catastrophe Losses April 20, 2023 Allstate Corp. said pre-tax catastrophe losses for the first quarter are expected to be about $1.7 billion, with about $1.3...
The Hartford Reveals Preliminary Income Figures for First Quarter April 14, 2023 Two weeks before its officially set to announce earnings, The Hartford previewed first-quarter net income and underwriting results, revealing that...
March Results Dampen Progressive Q1 Net Income Momentum April 13, 2023 By Chad Hemenway Progressive Corp. today reported first quarter net income of about $448 million – a 43% increase compared to the same...
Progressive More Than Doubles Feb. Income, Reports Investments With Failed Banks March 16, 2023 In reporting February financial results that continued a positive start to 2023, Progressive Corp. said it has about $75 million...
Claims Management Firm Crawford & Co. Posts 4Q Loss for 2022 March 8, 2023 Crawford & Co. (CRD. A), a claims management and adjusting firm for insurers, reported a fourth-quarter loss of $14.1 million,...
United Insurance Holdings Moves Forward With Specialty Commercial Business: CEO March 6, 2023 By Chad Hemenway United Insurance Holdings Corp. Corp. said it will move on to focus on specialty commercial lines business following news last...
Ryan Specialty Posts 54% Jump in Q4 Net Income March 1, 2023 Ryan Specialty reported a 54.6% increase in fourth quarter net income to the same period the prior year, while revenue...