"Stabilization" and "moderation" continued to be the operative words for premium increases in the commercial property/casualty market, but many clients remain concerned ...
Calling the trend "worrying," J.D. Power's new property claims satisfaction report indicated that insurers' digital tools to speed the claims process are not pleasing ...
A U.S. district judge has granted a motion for a temporary restraining order requested by Root Inc. against its former chief marketing officer to prevent him, his ...
Fourth-quarter 2022 net income attributable to American International Group common shareholders fell to $264 million from about $3.7 billion the year prior, but the ...
Though the last five years have included events — specifically the murder of George Floyd — that prompted many company leaders to make commitments to diversity, ...
Root Inc., the parent company of Root Insurance, has followed up its investigation into almost $10 million of unauthorized payments with a lawsuit against its former ...
Following a year of turbulence in its auto insurance business, Allstate Corp. outlined what CEO Tom Wilson called the company's No. 1 priority: improve margins.
As it had warned last month, Allstate Corp. reported a fourth-quarter 2022 loss of $310 million as losses from auto insurance outpaced an increase in revenue. There is no one answer to the overall insurance industry's place within its cyclical path. Each product line needs to be looked at individually, according to Robert ...
Allstate Reports $310M Q4 Loss as Auto Claims Costs Motor Past Rate Hikes
W.R. Berkley: Waiting for Discipline in Property; Overall Marketplace ‘Splintered’
