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By Reuters |
May 17, 2012
Home and auto insurer Allstate Corp said on Thursday it lost $280 million in April on natural disasters, more than it lost in the first three months of the year combined.
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By Phil Gusman, PropertyCasualty360.com |
May 17, 2012
Progressive could be the biggest beneficiary if increasing personal-lines rates trigger more shopping behavior among consumers, as the Mayfield Village, Ohio-based insurer typically gains share when rates rise, according to a Stifel Nicolaus report.
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By Phil Gusman, PropertyCasualty360.com |
May 3, 2012
Fewer auto-insurance consumers are shopping their coverage today, but those who do shop seem more willing to switch providers than in past years thanks to competitive quotes, says J.D. Power and Associates.
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By Chad Hemenway, PropertyCasualty360.com |
May 2, 2012
Progressive Corp. has filed separate patent-infringement lawsuits against Hartford Financial Services and State Farm over usage-based-auto insurance.
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By Phil Gusman, PropertyCasualty360.com |
April 30, 2012
Fewer auto-insurance consumers are shopping their coverage today, but those who do shop seem more willing to switch providers than in years past thanks to competitive quotes, according to J.D. Power and Associates.
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By Chad Hemenway, PropertyCasualty360.com |
March 1, 2012
Berkshire Hathaway’s insurance group reported a 30.5 percent drop in pre-tax earnings in 2011, driven mainly by $2.6 billion in pre-tax losses from catastrophe events.
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By Chad Hemenway, PropertyCasualty360.com |
February 27, 2012
Read what Warren Buffett, chief executive officer of Berkshire Hathaway, has to say about his successor, his company’s insurance operations, the economy, and a newspaper-throwing challenge.
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By Chad Hemenway, PropertyCasualty360.com |
February 27, 2012
Berkshire Hathaway’s insurance group reported a 30.5 percent drop in pre-tax earnings in 2011, driven mainly by $2.6 billion in pre-tax losses from catastrophe events.
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By Mike Jackowski |
February 24, 2012
P&C insurers have had a taste of doing business in 2012, and they realize they are dealing with a tough environment—one in which little or no organic customer growth exists to fuel corporate growth. Gaining market share means taking it away from someone else, so the level of competitiveness in...
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By Mike Jackowski |
February 21, 2012
P&C carriers gaining an edge today are those that are employing tools and information to do two things: out-execute the competition operationally, and out-serve the competition from a customer perspective.
