Industry News
Insurer Chubb Readies $350M Payout Tied to Baltimore Bridge Collapse
Chubb, which had insured Baltimore's Francis Scott Key Bridge, is getting ready to pay $350 million to the state of Maryland, in what could be the first major payout tied to ...
Auto Insurance Price Inflation Overstated, Swiss Re Economists Say
The sticker shock that U.S. drivers feel when they see their auto insurance premiums jump is real—but it's not quite as bad as a major economic indicator suggests, according to Swiss Re economists. ...Allstate Tops Profit Estimates on Higher Premiums, Investment Returns
Insurer Allstate posted an upbeat first-quarter profit on Wednesday, helped by higher premiums and stronger investment returns.
Insurers usually see stable product demand ...