W.R. Berkley Corp. reported that its gross premiums written grew by more than 10 percent in the 2019 fourth quarter, thanks in part to accelerated rate increases. But net income dipped compared to the same period a year ago, due …
The insurance industry tries to predict losses. Can the industry predict winners? Which team will win Super Bowl LIV on Sunday? Kansas City or San Francisco? Insurance Journal’s Research and Trends site and InsuranceJournal’s IJPro membership program want to know. …
Japanese companies have contingency plans for the floods that increasingly drench this island nation, but most have done little to fortify facilities, relying instead on insurance and securing alternative supply sources, a Reuters poll found. Japanese have long been conditioned …
Indonesia will appoint state financial firm PT Bahana Pembinaan Usaha Indonesia as a holding company for state insurers to improve their finances, a deputy minister said on Thursday, as the government puts together a rescue plan for a second troubled …
Liberty Insurance, the Irish subsidiary of Liberty Mutual Insurance Group, is exiting its commercial liability, commercial property and development bonds lines of business. Liberty will continue to provide services and honor its commitments to existing liability, property and bonds customers …
PG&E Corp. needs to explain how it will keep a promise to pay fire victims $13.5 billion in the face of a demand from the Federal Emergency Management Agency for a cut of that money, a bankruptcy judge said Wednesday. …
The U.S. Supreme Court refused to shield state-run universities from having to appear before a federal administrative body to defend the validity of patents they own. The justices turned down an appeal by the University of Minnesota that argued it …
The private U.S. property/casualty insurance industry saw its net underwriting gains increase to $5.4 billion in the first nine months of 2019 from $4.7 billion a year earlier, bolstered by growth in premiums and a drop in catastrophe losses. The …
RogersGray has promoted Greg Deems to partner within the Massachusetts-headquartered, independent insurance agency. Deems joined RogersGray in 2011 and became a top performer in his sales role, devoting himself to the furthering of his insurance knowledge and was instrumental in …
Distinguished Programs, a national insurance program manager, has promoted Mamadou Bah to regional sales executive and Renée A. McFadden to vice president and regional sales executive in New Jersey and eastern Long Island, including Queens and Brooklyn. With more than …