Performance
AIG Earnings Call Highlights: Broker Quality Scrutinized; Still Committed to ‘Aspirational Goals’
Property/casualty insurance brokers who aren't diligent about the accounts they're presenting to American International Group risk being discovered through one of the features of the carrier's ...
S&P Ups XL Rating to A+; 3Q Earnings Fall on Large Losses
Standard & Poor's boosted the financial ratings of the operating subsidiaries of XL Group to A+ on Tuesday, providing external affirmation of positive progress made over the last five years. ...
Finnegan to Remain Chubb CEO through 2016; Krump, Robusto Switch Some Roles
The Chubb Corporation's board of directors announced Thursday that John D. Finnegan, Chubb's Chairman, President and Chief Executive Officer, will remain in his current roles until the end of 2016, ...
Spending on Ads Beats Spending on Auto Insurance Agents: Researchers
Research published by Nomura Equity Research in mid-October shows that GEICO has overtaken Allstate to become the nation's second-biggest auto insurer, and that agency-writer Progressive is losing ...
Assessing ERM: S&P Puts Risk Culture in Focus
Stock prices of publicly traded insurers with stronger enterprise risk management programs show less stock price volatility than stock prices of carriers with weaker risk management programs. At ...
Top 10 Market Conduct Complaints Against P/C Insurers
Failure to handle claims within specified time frames and using unapproved forms and rates are the top two criticisms of property/casualty insurers by market conduct regulators, according to a new ...
Downgrade of Tower Group to B++ Likely to Have Further Negative Effects: A.M. Best
A.M. Best Co. announced Tuesday that the rating agency has downgraded the financial strength rating of members of Tower Group to B++ (Good) from A- (Excellent), one day after the company itself ...