2012 Off to Bad Weather Start for P/C Insurers January 13, 2012 By Ben Berkowitz Damaging hailstorms in Australia. Unprecedented tornadoes in the southeastern United States. Constant windstorms in northern Europe. Sound familiar? This year...
Travelers Latest to Add to Asbestos Reserves October 19, 2011 By Ben Berkowitz Travelers Cos. is the latest large insurance company to say the asbestos problem, which the industry was supposed to have...
After Embezzlement Claim, Insurer Drops Tennessee County’s Policy September 30, 2011 Officials in Shelby County in Tennessee said their insurance company is not renewing the county’s policy protecting against financial crimes,...
Travelers to Post Q2 Loss, Limit Share Buybacks Due to Storm Losses June 10, 2011 By Ben Berkowitz Travelers Companies Inc. is slowing down its share buybacks and will post a second-quarter operating loss because of more than...