Property/Casualty Insurance

News

Best travel insurance rates for your trip, week of February 7
Business Insider

Travel insurance rates are dropping. Comparing rates can help you save on your next vacation more…

What Is The Difference between Term and Whole Life Insurance?
Business Insider

The biggest differences between term and whole life insurance are monthly cost, length of the policy, and whether there is a cash value component. more…

12 Free Sites, Apps, and Courses to Boost Financial Literacy in 2023
MakeUseOf

Looking to sharpen up your finances? We've got you covered. more…

Cincinnati Financial (CINF) Q4 2022 Earnings Call Transcript
Motley Fool

CINF earnings call for the period ending December 31, 2022. more…

Markel (MKL) Q4 2022 Earnings Call Transcript
Motley Fool

MKL earnings call for the period ending December 31, 2022. more…

Aon Plc (AON) Q4 2022 Earnings Call Transcript
Motley Fool

AON earnings call for the period ending December 31, 2022. more…

What Looks Different And What You Need To Know About Your 2022 Tax Return
Forbes

As you pull out your receipts and fire up your computer, here's a look at some of what was in effect for the last year, including what was different from 2021. more…

Tax Benefits Available For Victims Of The Crypto Crash And Scams
Above the Law

Investors who lost money on cryptocurrency have some ways to reduce their tax bill but it will depend on their own facts and circumstances. The post Tax Benefits Available For Victims Of The Crypto Crash And Scams appeared first on Above the Law. more…

SMSU Receives Investment in School of Business from North Star ... - Southwest Minnesota State University
Smsu.edu

SMSU Receives Investment in School of Business from North Star ...  Southwest Minnesota State University more…

Apple, Microsoft, and Warren Buffett’s Berkshire Hathaway earn top performance marks from their business rivals—and they do it year after year - Fortune
Fortune

Apple tops the Fortune World's Most Admired Companies list for the 16th year in a row, while Berkshire and Microsoft make the list for the 25th consecutive time. more…

Chubb Limited (CB) Q4 2022 Earnings Call Transcript
Seeking Alpha

Chubb Limited (NYSE:NYSE:CB) Q4 2022 Earnings Conference Call February 1, 2023 8:30 AM ETCompany ParticipantsKaren Beyer - Senior Vice President, Investor RelationsEvan Greenberg - Chairman... more…

UniCredit S.p.A. (UNCFF) Q4 2022 Earnings Call Transcript
Seeking Alpha

UniCredit S.p.A. (OTCPK:UNCFF) Q4 2022 Earnings Conference Call January 31, 2023 4:00 AM ETCompany ParticipantsMagda Palczynska - Head, Investor RelationsAndrea Orcel - Chief Executive... more…

Shell sees record profits: What are the company’s directors paid?
Independent

A look at those leading the oil and gas firm as it enjoys the largest profits in its 115-year-history more…

US Mutual P&C Sector Has Difficult 2022, But Is Well Capitalized To Stay The Course says ALIRT Insurance Research
Yahoo Entertainment

Mutual insurers remain a vital sector of the the U.S. Property & Casualty market according to a recent report by ALIRT Insurance Research. Ranging from small... more…

Ping An Awarded CSR Initiative of the Year by InsuranceAsia News
Yahoo Entertainment

Ping An Insurance (Group) Company of China, Ltd. ("Ping An" or the "Group", HKEx:2318; SSE:601318) announced that the group and its subsidiary Ping An... more…

AXA XL appoints Patrick Lee as Chief Financial Officer for Canada
Yahoo Entertainment

AXA XL has appointed Patrick Lee as Chief Financial Officer (CFO) for Canada. Based in Toronto, Mr. Lee joins Canada's executive leadership team effective... more…

PCF Insurance Services Acquires Niche Louisiana Insurance Agency Oak Point Risk Advisors
Yahoo Entertainment

PCF Insurance Services (PCF), a top 20 U.S. insurance brokerage firm, has acquired Oak Point Risk Advisors, a niche risk management and insurance agency... more…

Selective to Speak at the Bank of America Securities 2023 Financial Services Conference
Yahoo Entertainment

Selective Insurance Group, Inc. (Nasdaq: SIGI) announced today that John J. Marchioni, Chairman, President and Chief Executive Officer, and Mark A. Wilcox... more…

Bamboo Insurance Launches Homeowners Coverage in Arizona
Yahoo Entertainment

Bamboo Insurance, a multifaceted insurance organization delivering a customer-driven experience through ease and innovation, today announced the launch of... more…

Greenlight Re Innovations Announces Investment in Embedded Insurance Platform Vertical Insure
Yahoo Entertainment

GRAND CAYMAN, Cayman Islands and MINNEAPOLIS, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) ("Greenlight Re," or "the Company"... more…

California Insurance Wholesalers Association (CIWA) Announces New President, Vice President, and Board Members for 2023/24
Yahoo Entertainment

The California Insurance Wholesalers Association (CIWA), a professional trade association focused on California E&S insurance wholesalers, carriers and... more…

SELECTIVE INSURANCE HELPS STUDENTS UNLOCK PATHWAYS TO INSURANCE CAREERS WITH ITS FOURTH ANNUAL COLLEGE COMPETITION
Yahoo Entertainment

February is Insurance Careers Month. To help kick off this annual celebration, Selective Insurance launched its fourth annual College Competition, a program ... more…

The Hanover Insurance Group, Inc. (NYSE:THG) Q4 2022 Earnings Call Transcript
Yahoo Entertainment

The Hanover Insurance Group, Inc. (NYSE:THG) Q4 2022 Earnings Call Transcript February 2, 2023 Operator: Good day, and welcome to The Hanover Insurance... more…

American Financial Group, Inc. (NYSE:AFG) Q4 2022 Earnings Call Transcript
Yahoo Entertainment

American Financial Group, Inc. (NYSE:AFG) Q4 2022 Earnings Call Transcript February 2, 2023 Operator: Thank you for standing by, and welcome to the American ... more…

AF Group Announces Executive Leadership Promotions
Yahoo Entertainment

AF Group is pleased to announce the promotions of several key executives following the completion of its acquisition of AmeriTrust Group, which reflects its ... more…

Tractable teams up with Verisk to offer AI-powered estimates for property damage
Yahoo Entertainment

Verisk (Nasdaq: VRSK), a leading global data analytics provider, is expanding its claims ecosystem by teaming up with Tractable, an industry-leading, applied... more…

Michael Grossman Joins Risk Strategies as Employee Benefits Leader, Central Region
Yahoo Entertainment

Will lead regional benefits growth and operations strategyBOSTON, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Risk Strategies, a leading national specialty insurance... more…

High Definition Vehicle Insurance Launches Second Generation of its Proprietary Telematics-Based Shift™ Product
Yahoo Entertainment

High Definition Vehicle Insurance (HDVI), a technology-first commercial auto insurance provider, will launch the next generation of HDVI Shift™, the first... more…

Parker W. Rush Joins Insure Homes as Executive Chairman
Yahoo Entertainment

We are pleased to announce that Parker W. Rush has joined InSure Homes as Executive Chairman effective January 17th. Parker Rush has spent forty years in the... more…

RenaissanceRe Holdings Ltd. (NYSE:RNR) Q4 2022 Earnings Call Transcript
Yahoo Entertainment

RenaissanceRe Holdings Ltd. (NYSE:RNR) Q4 2022 Earnings Call Transcript February 1, 2023 Keith McCue: Good morning, and welcome to RenaissanceRe’s Fourth... more…

Insurance software market 2023-2027; A descriptive analysis of five forces model, market dynamics, and segmentation - Technavio
Yahoo Entertainment

According to Technavio, the global insurance software market size is estimated to grow by USD 6,453.98 million from 2022 to 2027. The market is estimated to ... more…

Vertical Insure Raises New Capital to Help Vertical Software Platforms Drive Revenue Through Embedded Insurance
Yahoo Entertainment

Greenlight Re Innovations joins Rally Ventures and Dundee VC in $6M Seed Round more…

Fanhua Signs Definitive Agreement To Acquire Taiping Online Insurance Agency
Yahoo Entertainment

GUANGZHOU, China, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Fanhua Inc. (“Fanhua” or the “Company”) (Nasdaq: FANH), a leading independent financial services provider... more…

Fanhua Signs Definitive Agreement To Acquire Zhongji Shi’An Insurance Agency
Yahoo Entertainment

GUANGZHOU, China, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Fanhua Inc. (“Fanhua” or the “Company”) (Nasdaq: FANH), a leading independent financial services provider... more…

The Hanover Reports Fourth Quarter and Full Year Results
Yahoo Entertainment

The Hanover Insurance Group, Inc. (NYSE: THG) today reported a net loss of $11.6 million, or $0.33 per basic share**, in the fourth quarter of 2022, compared... more…

Ping An Named World's Most Valuable Insurance Brand for 7th Consecutive Year
Yahoo Entertainment

Ping An Insurance (Group) Company of China, Ltd. ("Ping An" or the "Group", HKEx:2318; SSE:601318) announced that Ping An has been ranked the World's Most... more…

CBIZ ACQUIRES FIFTH-LARGEST INDIANAPOLIS ACCOUNTING FIRM SOMERSET TO ADD $55 MILLION TO CBIZ REVENUE
Yahoo Entertainment

CBIZ, Inc. (NYSE: CBZ) ("the Company"), a leading provider of financial, insurance and advisory services, announced today that it has acquired the non-attest... more…

10 Hot Insurance Stocks To Buy Now
Yahoo Entertainment

In this article, we discuss the 10 hot insurance stocks to buy now. If you want to read about some more hot insurance stocks to buy now, go directly to 5 Hot... more…

Arrow Declares March 2023 Cash Dividend
Yahoo Entertainment

The Board of Directors of Arrow Financial Corporation (NasdaqGS® - AROW) on February 1, 2023, declared a quarterly cash dividend of $0.27 per share payable... more…

Milliman analysis: Corporate pension funding ratio drops to 109.3% as discount rates fall in January
Yahoo Entertainment

Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its latest Milliman 100 Pension Funding Index (PFI), which... more…

January 2023 P&C Renewal Results - SCOR improves the expected technical profitability and risk-return profile of its portfolio in a favorable market environment
Yahoo Entertainment

Press ReleaseFebruary 7, 2023 - N° 02 January 2023 P&C Renewal Results SCOR improves the expected technical profitability and risk-return profile of its... more…

Risk Strategies Acquires Ladmar Group
Yahoo Entertainment

Employee Benefits Specialist Adds To New York Metro Region CapabilitiesBOSTON, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Risk Strategies, a leading national... more…

Duck Creek Announces Expiration of “Go-Shop” Period
Yahoo Entertainment

Transaction Is Expected to Close in First Half of 2023BOSTON, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies (NASDAQ: DCT), the intelligent... more…

Chubb Limited (NYSE:CB) Q4 2022 Earnings Call Transcript
Yahoo Entertainment

Chubb Limited (NYSE:CB) Q4 2022 Earnings Call Transcript February 1, 2023 Operator: Good morning. My name is Rob and I will be your conference operator today... more…

Markel Corporation (NYSE:MKL) Q4 2022 Earnings Call Transcript
Yahoo Entertainment

Markel Corporation (NYSE:MKL) Q4 2022 Earnings Call Transcript February 2, 2023 Operator: Good morning, and welcome to the Markel Corporation Fourth Quarter ... more…

The Actuarial Foundation's Math Motivators Tutoring Program Receives $600,000 Grant from Milliman, Inc.
Yahoo Entertainment

Milliman, Inc., a premier global consulting and actuarial firm has re-affirmed its commitment to The Actuarial Foundation's Math Motivators Tutoring Program ... more…

Intact Financial Corporation reports Q4-2022 results
Yahoo Entertainment

Intact Financial Corporation reports Q4-2022 results more…

Kemper Corporation (NYSE:KMPR) Q4 2022 Earnings Call Transcript
Yahoo Entertainment

Kemper Corporation (NYSE:KMPR) Q4 2022 Earnings Call Transcript February 2, 2023 Operator: Good afternoon, ladies and gentlemen, and welcome to Kemper’s... more…

Brandywine Realty Trust Announces Fourth Quarter, Full Year 2022 Results and Initiates 2023 Guidance
Yahoo Entertainment

PHILADELPHIA, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three and... more…

LOEWS CORPORATION REPORTS NET INCOME OF $364 MILLION FOR THE FOURTH QUARTER OF 2022 AND $1.0 BILLION FOR THE FULL YEAR
Yahoo Entertainment

Loews Corporation (NYSE: L) today released its fourth quarter 2022 financial results. more…

Societe Generale: Fourth quarter & 2022 full year results
Yahoo Entertainment

RESULTS AT 31 DECEMBER 2022 Press releaseParis, 8 February 2023 EXCELLENT PERFORMANCE ACROSS BUSINESS LINES Record revenues up by +9.3%(1) vs. 2021, driven... more…

Healthpeak Properties Reports Fourth Quarter and Year Ended 2022 Results
Yahoo Entertainment

Healthpeak Properties, Inc. (NYSE: PEAK) today announced results for the fourth quarter and full year ended December 31, 2022. more…

Homeowners, Don't Miss These Tax Credits and Deductions in 2023 - CNET
CNET

Housing costs provide some of the biggest tax breaks. Learn how to get the most money back. more…

United Insurance Holdings Corp. Announces the Sale of Its Florida Personal Lines Renewal Rights to Slide Insurance, Inc.
Business Wire

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC), a property and casualty insurance holding company (“UPC Insurance”), announced today that it has sold the renewal rights to UPC Insurance’s personal lines business in the s… more…

Slide Acquires Florida Renewal Rights and Intellectual Property From UPC Insurance
Business Wire

TAMPA, Fla.--(BUSINESS WIRE)--Slide Insurance, the full-stack insurtech focused on providing affordable, effective homeowners coverage, today announced it has acquired the exclusive renewal rights for over 91,400 Florida homeowners insurance policies from UPC… more…

AM Best Affirms Credit Ratings of Berkshire Hathaway Homestate Insurance Company and Its Affiliates
Business Wire

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” (Superior) of Berkshire Hathaway Homestate Insurance Company (Omaha, NE) a… more…

Kingstone Announces Estimated Fourth Quarter 2022 Catastrophe Losses
Business Wire

KINGSTON, N.Y.--(BUSINESS WIRE)--Kingstone Companies, Inc. (Nasdaq: KINS) (the “Company” or “Kingstone”), a Northeast regional property and casualty insurance holding company, today announced that Kingstone Insurance Company, its wholly-owned subsidiary, esti… more…

Kemper Reports Fourth Quarter 2022 Operating Results
Business Wire

CHICAGO--(BUSINESS WIRE)--Kemper Corporation (NYSE: KMPR) reported a net loss of $55.5 million, or $(0.87) per diluted share, for the fourth quarter of 2022, compared to a net loss of $105.8 million, or $(1.66) per diluted share, for the fourth quarter of 202… more…

Seibels Appoints Laura M. Spells to Chief Financial Officer
Business Wire

COLUMBIA, S.C.--(BUSINESS WIRE)--Seibels, a leading service provider to the property and casualty insurance industry, is pleased to announce the appointment of Laura M. Spells to Chief Financial Officer. Previously, Ms. Spells served as Seibels’ Vice Presiden… more…

Westfield Completes Acquisition of Lloyd’s of London Syndicate 1200
Business Wire

WESTFIELD CENTER, Ohio--(BUSINESS WIRE)--Westfield today announces the completion of its acquisition of Lloyd’s of London Syndicate 1200 from Argo Group International Holdings Ltd. (NYSE: ARGO). This strategic acquisition establishes Westfield as a global fra… more…

Argo Group Announces Closing of Lloyd’s Syndicate 1200 Transaction
Business Wire

HAMILTON, Bermuda--(BUSINESS WIRE)--Argo Group Announces Closing of Lloyd’s Syndicate 1200 Transaction more…

Allianz Global Corporate & Specialty Appoints Jarrod Schlesinger as North American Head of Financial Lines
Business Wire

NEW YORK--(BUSINESS WIRE)-- #AGCS--AGCS Appoints Schlesinger North American Head of Financial Lines more…

IGI to Release Fourth Quarter and Full Year 2022 Financial Results on March 2, 2023
Business Wire

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that it expects to release financial results for the fourth quarter and full year 2022, on Thursday, March 2, 2023, after… more…

Gallagher Re Joins ABIR and EY as 2023 Bermuda Risk Summit Headline Sponsors
Business Wire

HAMILTON, Bermuda--(BUSINESS WIRE)--The Bermuda Business Development Agency (BDA) is pleased to announce that Gallagher Re has joined the Association of Bermuda Insurers and Reinsurers (ABIR) and EY as headline sponsors of the second annual Bermuda Risk Summi… more…

Insurium™ & Spear Technologies Announce Merger
Business Wire

DENVER--(BUSINESS WIRE)-- #bowrivercapital--Insurium & Spear Technologies Announce Merger more…

Berkley Financial Specialists Introduces AdviserGuard™ for Registered Investment Advisers
Business Wire

NEW YORK--(BUSINESS WIRE)--Berkley Financial Specialists, a Berkley Company, announced today that it is broadening its current industry offerings with the introduction of AdviserGuard™ for Registered Investment Advisers, a management liability product specifi… more…

Alacrity Solutions Announces Strategic Investment from BlackRock Alternatives’ Long Term Private Capital
Business Wire

FISHERS, Ind. & NEW YORK--(BUSINESS WIRE)--Alacrity Solutions Group, LLC (“Alacrity Solutions” or the “Company”), a recognized leader in providing insurance claims management services in North America, today announced that BlackRock Alternatives, through its … more…

Shareholder Alert: Robbins LLP Informs Investors of Class Action Against Allianz SE (OTC: ALIZY)
Business Wire

SAN DIEGO--(BUSINESS WIRE)---- $ALIZY #AllianzGlobalInvestorsUSLLC--Allianz SE Had Ineffective Internal Controls Allowing its Subsidiary to Engage in Substantial Fraudulent Activity more…

American Financial Group, Inc. Announces Fourth Quarter and Full Year Results and Declares Special Dividend
Business Wire

CINCINNATI--(BUSINESS WIRE)--American Financial Group, Inc. (NYSE: AFG) today reported 2022 fourth quarter net earnings of $276 million ($3.24 per share) compared to $355 million ($4.18 per share) in the 2021 fourth quarter. Net earnings for the 2022 fourth q… more…

NOTICE: Allianz SE Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit – ALIZY
Business Wire

SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning Allianz business and prospects, resulting in its stock trading at inflated prices. more…

Allstate Reports Fourth Quarter and Full Year 2022 Results
Business Wire

NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today reported financial results for the fourth quarter of 2022. The Allstate Corporation Consolidated Highlights   Three months ended December 31,   Twelve months ended December 31, ($ i… more…

UDR Announces Fourth Quarter and Full-Year 2022 Results, Establishes 2023 Guidance Ranges, and Increases Dividend
Business Wire

DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) (NYSE: UDR), announced today its fourth quarter and full-year 2022 results. Net Income, Funds from Operations (“FFO”), FFO as Adjusted (“FFOA”), and Adjusted FFO (“AFFO”) per diluted share for the quarter and… more…

The Hartford Announces Fourth Quarter And Full Year 2022 Financial Results
Business Wire

HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford (NYSE: HIG) today announced financial results for the fourth quarter and year ended Dec. 31, 2022. “Fourth quarter results were excellent contributing to an outstanding 2022 that delivered a core earnings ROE of … more…

Evans Bancorp Reports Net Income of $22.4 Million in 2022
Business Wire

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)--Evans Bancorp, Inc. (NYSE American: EVBN) Reports Net Income of $22.4 Million in 2022 more…

You'll Never Guess The Newest "Jewel" in Berkshire Hathaway's crown
Yahoo Entertainment

“Berkshire will always be building.” So said Warren Buffett in his latest annual letter to Berkshire Hathaway shareholders in February. Most people might... more…

People Moves: Connecticut Department Names Callanan as General Counsel; Hanover Appoints Williams E&S President
Insurance Journal

Connecticut Insurance Department Names Callanan as General Counsel Connecticut Insurance Commissioner Andrew N. Mais has named Jane Callanan, of Wallingford, his department’s new general counsel. Before taking on this newest role, Callanan was in private prac… more…

Freddie Mac Accepts KBRA Insurer Ratings, Giving Fla. Agents, Mortgagees More Options
Insurance Journal

Freddie Mac, one of two mortgage-buying companies that buttress the U.S. home-lending market, has agreed to accept the Kroll Bond Rating Agency as a rating firm for homeowners’ insurance companies. “We have expanded our list of eligible rating providers to … more…

People Moves: AGCS Taps Chaucer’s Graham for Marine Team; BHSI Names De Wilde Head of Property, Switzerland; HDI Global Specialty Promotes Spafford in Canada Branch
Insurance Journal

This edition of International People Moves details appointments at Allianz Global Corporate & Specialty (AGCS); Berkshire Hathaway Specialty Insurance (BHSI), and HDI Global Specialty. A summary of these new hires follows here. AGCS Taps Chaucer’s Graham for … more…

Patronis Says New Insurance Commissioner Could Be Named Soon
Insurance Journal

Florida officials could name a new state insurance commissioner as soon as next month, the state’s chief financial officer said this week. At a news conference Monday, CFO Jimmy Patronis said that a name could be submitted at the March … more…

Everest Insurance Continues Global Expansion, Launching Branch in Spain
Insurance Journal

Everest Insurance, the insurance division of Everest Re Group Ltd., announced its expansion into the Spanish market following regulatory approval from the relevant authorities to operate in Spain — trading as Everest Insurance (Ireland) DAC, Sucursal en Españ… more…

Breaking: Slide Will Assume 91,000 Policies and Premium in United P&C Runoff in Florida
Insurance Journal

One year after Slide Insurance made waves by taking over thousands of policies from a troubled Florida carrier, the young company has done it again. The Florida Office of Insurance Regulation on Tuesday signed a consent order granting Tampa-based Slide … more…

Moody’s Downgrades SCOR’s Rating to A1 From Aa3 on Weakening Profits
Insurance Journal

Moody’s Investors Service downgraded the Insurance Financial Strength Rating (IFSR) of SCOR SE and its key operating entities to A1 from Aa3 while at the same time changing the company’s outlook to stable from negative. On Oct. 13, 2022, Moody’s … more…

People Moves: Howden Tiger Taps Carpenter’s Smith, Aon’s Walsh for Casualty; Aon Promotes Alcott to UK Chief Commercial Officer; Miller Hires Keeping as Head of P/C
Insurance Journal

This edition of International People Moves details appointments at the brokers Howden Tiger, Aon and Miller. A summary of these new hires follows here. Howden Tiger Taps Carpenter’s Smith, Aon’s Walsh for Casualty Division Howden Tiger, the reinsurance arm of… more…

Mississippi Pet Insurance Bill Fur Real This Time, Senators Say
Insurance Journal

More Mississippi dogs, cats, reptiles and birds may soon be insured against costly medical bills thanks to legislation that passed in the state Senate Wednesday. Senate Bill 2228, by Sen. Walter Michel, a Republican from Ridgeland, would create “a comprehensi… more…

Global Commercial Insurance Rates Rise 4% in Q4, Continuing Moderating Trend
Insurance Journal

Global commercial insurance prices increased 4% in the fourth quarter of 2022, down from a 6% increase in Q3 and a 9% increase in Q2, which is a continuation of a trend of moderating increases that began in Q1 2021, … more…

Westfield Completes Acquisition of Lloyd’s of London Syndicate 1200
Insurance Journal

Westfield has completed the acquisition of Lloyd’s of London Syndicate 1200 from Argo Group International Holdings Ltd. for about $125 million. The deal was first announced in September 2022. Westfield said this strategic acquisition establishes the company a… more…

The Hartford Net Income Down 19% in Q4
Insurance Journal

The Hartford reported a 19% drop in fourth quarter net income compared to the same period last year, while core earnings outpaced Q4 2021 by 7%. Fourth quarter net income available to common stockholders reached $584 million, compared to $724 … more…

Florida Approves New WC Rule: Carriers Must Verify Subcontractor Employees
Insurance Journal

The National Council on Compensation Insurance has laid down the law, requiring Florida workers’ compensation insurers to verify employees before arbitrarily charging premium for subcontractors’ exempt officers. The question now is, will insurers abide or wil… more…

CNA Reports Q4 earnings of $248 Million
Insurance Journal

CAN Financial Group notched a net income of $248 million during 2022’s final quarter. This was a slight dip from the $266 million recorded during the same period in 2021. Overall, CNA recorded a yearlong net income of $894 million … more…

Madison Investments 4Q22 Commentary
ValueWalk

Madison Investments commentary for the fourth quarter ended December 31, 2022. To our investors and partners, The U.S. stock market suffered one of the worst annual losses in its history, with the S&P 500, Russell Midcap, and Russell 2000 declining -18.11, -1… more…

Ping An Awarded CSR Initiative of the Year by InsuranceAsia News - InvestorsObserver
InvestorsObserver

Ping An Awarded CSR Initiative of the Year by InsuranceAsia News PR Newswire HONG KONG and SHANGHAI , Feb. 1, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company of China , Ltd. (" Ping An " or the "Gr... more…

​Mergers and Acquisitions—2023
Harvard School of Engineering and Applied Sciences

2022 was a tale of two halves for M&A. The beginning of the year was active, as robust dealmaking carried over from the record-breaking levels of 2021 to drive approximately $2.2 trillion worth of global deals through the first half of the year, compared to a… more…

United Insurance Holdings Corp. Announces the Sale of Its Florida Personal Lines Renewal Rights to Slide Insurance, Inc.
Marketscreener.com

(marketscreener.com) United Insurance Holdings Corp. , a property and casualty insurance holding company , announced today that it has sold the renewal rights to UPC Insurance’s personal lines business in the state of Florida, and sold certain data and intel… more…

Ping An Awarded CSR Initiative of the Year by InsuranceAsia News
PR Newswire UK

HONG KONG and SHANGHAI, Feb. 2, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. ("Ping An" or the "Group", HKEx:2318; SSE:601318) announced that the group and its subsidiary Ping An Property and Casualty Insurance were jointly awarded CS… more…

Ping An Awarded CSR Initiative of the Year by InsuranceAsia News
Marketscreener.com

(marketscreener.com) HONG KONG and SHANGHAI, Feb. 1, 2023 /PRNewswire/ -- Ping An Insurance Company of China, Ltd. announced that the group and its subsidiary Ping An Property and Casualty Insurance were jointly awarded CSR Initiative of the Year by Insuran… more…

Tractable teams up with Verisk to offer AI-powered estimates for property damage
Marketscreener.com

(marketscreener.com) The collaboration between Tractable and Verisk enables the identification, classification and measurement of property damage through artificial intelligence Verisk and Tractable customers can now benefit from end-to-end, automated prope… more…

Insurance Market Size in 2023 (New Report) readjusted size of USD 8591.4 million by 2029 | CAGR of 5.2% With Impact of domestic and global market Top players: Manufacturers Data, Opportunity, Import Export Scenario
GlobeNewswire

PUNE, Feb. 01, 2023 (GLOBE NEWSWIRE) -- "Insurance Market" research report focus on overall information that can help to take decisions on current market situation. insurance market is a marketplace where insurance companies sell various types of insurance po… more…

Brookfield Reinsurance to Buy Argo in $1.1 Billion Deal
Marketscreener.com

(marketscreener.com) By Robb M. Stewart Brookfield Reinsurance Ltd. has agreed to buy Argo Group International Holdings Ltd. in an all-cash deal, valuing the insurance underwriter at about $1.1 billion. The acquisition is another step in Brookfield's… more…

Duck Creek is Proud to be a Platinum Sponsor of Verisk ELEVATE 2023
Marketscreener.com

(marketscreener.com) Boston, Feb. 06, 2023 -- Duck Creek Technologies , the intelligent solutions provider defining the future of property and casualty insurance, is pleased to announce its platinum sponsorship of the Verisk ELEVATE 2023 conference for insura… more…

Duck Creek is Proud to be a Platinum Sponsor of Verisk ELEVATE 2023
GlobeNewswire

Boston, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies (NASDAQ: DCT), the intelligent solutions provider defining the future of property and casualty (P&C) insurance, is pleased to announce its platinum sponsorship of the Verisk ELEVATE 2023 confer… more…