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Net income at The Travelers Cos. for the last quarter of 2023 about doubled compared to the same time last year to $1.6 billion on lower catastrophe losses and a

Allstate offered some preliminary details of factors that impacted fourth-quarter 2023 earnings—among them a $199 million non-catastrophe reserve charge. The carrier said the figure representing unfavorable prior year reserve reestimates,

This edition of International People Moves details appointments at Liberty Specialty Markets and HDI Global. A summary of these new hires follows here. Liberty Specialty Markets Names Bolaños as CUO,

European boutique managing general agent (MGA), Alta Signa Europe B.V., announced the launch of a new European marine underwriting business. The new unit will focus on core marine lines of

Ukraine is working “intensively” with partners to restore air travel suspended for nearly two years, with the main focus on Boryspil International Airport outside the capital Kyiv, a presidential official

The owner of a Michigan insurance agency has been charged with embezzling money from employees by misappropriating payroll deductions, announced Attorney General Dana Nessel. Nancy Caviston, 76, of Superior Charter

Zurich North America names Chai Chief Risk Officer Zurich North America appointed Ann Chai as chief risk officer. She is based in Zurich North America’s Schaumburg, Ill., headquarters. Chai, who

Brokerage Hub International announced Jan 18 that it is today the launch of the HUB Property Practice. Blake Giannisis, who recently joined Chicago-based HUB as executive vice president, will serve

Not all analysts think an underwriting profit is out of reach for 2024. While a recent forecast from Fitch Ratings puts the 2024 combined ratio above 100, an improvement from

Alera Group, an insurance and financial services firm in the U.S., announced the acquisition of CLS Healthcare Liability Specialists. Based in North Palm Bea  » Read More