Travelers CEO Schnitzer: Loss Costs ‘Challenging as Ever to Predict’ April 20, 2022 By Chad Hemenway In the words of its CEO, there’s a “fair amount to pay attention to” from the first-quarter earnings call of...
Boy Scouts Abuse Settlement Attacked for Preventing Future Lawsuits April 7, 2022 By Steven Church The Boy Scouts of America’s sexual abuse compensation fund should be rejected, a small group of victims say, because the...
Boy Scouts Victims’ Fund Unfair to Insurers, Companies Argue in Court March 30, 2022 By Steven Church The Boy Scouts of America’s sexual abuse compensation fund may force insurers to make payments they can’t negotiate over, even...
Travelers Sets Some Records With Q4 Results January 20, 2022 Insurer Travelers reported a quarterly profit of $1.3 billion, an increase of $23 million and a record for the fourth...
The $1M Bad Faith Case and the Missed Deadline December 22, 2021 By Jim Sams Darryl A. Vachon did not accuse Travelers of bad faith in handling his $25,000 uninsured motorist claim until after a...
J.D. Power Agents’ Survey Reveals Top-Ranked P/C Carriers (Story in Charts) October 8, 2021 Neglected no more. Independent agents are feeling the love from property/casualty insurance carriers—and the scores they are giving carriers are...
Marsh Brokers New Amazon Insurance Network Offering Coverage to Online Sellers August 10, 2021 Insurance broker Marsh said it has collaborated with Amazon to build a new digital insurance network, Amazon Insurance Accelerator, where...
Travelers Makes ‘Strategic Minority Investment’ in Fidelis Insurance Holdings July 14, 2021 The Travelers Companies said it has made a “strategic minority investment” in Fidelis Insurance Holdings, a privately-owned global specialty insurer...
California’s Harsh EPLI Landscape Made Worse by COVID May 24, 2021 By Don Jergler It’s common knowledge that the employee practices liability insurance arena nationwide has been unfriendly to buyers. Earlier this year, a...
Nevada Lawsuits Filed Against Auto Insurers over Rates in Pandemic February 25, 2021 By Michelle L. Price Class action lawsuits were filed in Nevada against 10 major auto insurance companies this week, contending that the companies charged...