Compared to the prior period, there was a discernible uptick in risk management. The financial figures for the quarter and full year ending December 31, […]
Tag: Insurance
Travelers Surpasses Expectations with Strong Earnings Performance
Robust underwriting gains and decreased catastrophic losses contributed to strong profitability. According to TD Cowen’s analysis, Travellers Companies’ quarterly results were better than expected. Reasons […]
Allianz Trade Warns: Red Sea Attacks Fueling Inflationary Pressures
The insurer states that the crisis is not now a significant source of worry. According to Allianz Trade, the recent assaults by the Houthi group […]
Allstate Makes Decision to Stop Non-English Insurance Sales in Colorado
The insurer has issued a memorandum to agents in response to the newly implemented language translation criteria. Since lawmakers in Colorado approved a statute requiring […]
Gallagher Re Bolsters Team with Appointment of New COO
The North American COO assumes worldwide responsibilities. Gallagher Re, a global reinsurance broker, has promoted Mark Hansen to chief operating officer. Hansen, who will be […]
NCOIL Announces New Officers, Emphasizing Majority Diversity in Leadership
From 25 different states, 347 people attended the annual national gathering. At its 2023 Annual National Meeting in Columbus, Ohio, the National Council of Insurance […]
HCI Group’s Subsidiary Takes On 53,000+ Policies from Citizens
The CEO declared that policyholders were given renewal at a “competitively priced” rate. HCI Group, based in Florida, has taken over around 53,000 policies from […]
W.R. Berkley Appoints New President to Lead Technology Underwriting Division
His experience in the P&C industry spans nearly two decades. Berkley Technology Underwriters is a division of W. R. Berkley, and the company recently announced […]
What’s causing the price of homeowner’s insurance to rise?
Recent research indicates that various factors are causing an increase in home insurance premiums. According to a new analysis by the Insurance Research Council (IRC), […]
USAA and Truist Bank Put an End to Patent Dispute with Agreement
This lawsuit concerns the company’s innovative remote deposit technology from the early 2000s. A lawsuit USAA launched against Truist Bank over the latter’s unauthorised use […]