Jumps in rates and written premiums did little to move the needle on underwriting profits for U.S. personal auto insurers, Fitch Ratings reported based on a recent review of midyear results of nine big market players. Profitability challenges in the …
A group of climate activists has called on 30 insurance company bosses to “immediately” stop underwriting new fossil fuel projects in the wake of a stark climate warning from U.N. scientists, a letter seen by Reuters showed. Insure our Future, …
The Hartford Names Ant Head of Middle & Large Commercial Business Units The Hartford has named Tracey Ant head of middle and large commercial business units effective Jan. 1. In this newly created role, Ant will oversee all middle and …
Second quarter earnings at The Hartford fell to $437 million – about 51% less than the same period a year ago. Hartford said it booked a $485 million before-tax change from net realized gains to net realized losses during Q2. …
A Texas generation and transmission cooperative is suing its insurer for failing to defend the company against multiple lawsuits stemming from 2021 Winter Storm Uri. Golden Spread Electric, a G&T cooperative based in Amarillo, claims breach of contract, declaratory judgment …
Brown & Brown Names Batta, Raveling, Kusserelis to Key Posts Brown & Brown, a national insurance brokerage firm, has elevated three people to senior leadership positions, the company announced. Anurag Batta, who previously was chief operating officer at Zurich North …
Bermuda-based reinsurance run-off specialist Premia Holdings Ltd. announced it has completed the acquisition from Hartford Financial Services of Navigators Holdings (Europe) NV and its subsidiaries, which include property/casualty insurer Assurances Continentales NV (known as ASCO), located in Belgium, and its …
The coronavirus pandemic has led to a greater emphasis on employee benefits that help people plan for unexpected life events and provide financial protection, according to a study by The Hartford. The Hartford’s Future of Benefits Study found that 40% …
Just a week shy of our Virtual Insurtech Summit, to air Wednesday, May 6th, I attended the virtual Demo Day of the Hartford Insurtech Hub on Tuesday, April 28th. As the host for our upcoming Summit, I’ve spent time with …
Hartford, CT, June 16, 2015 – Worldwide Facilities, Inc., a nationwide leader in the wholesale insurance industry, is proud to announce the opening of its new office location in Connecticut. This new location will help the company expand its services …
