Allstate Corp. admits at least some of the decrease in policies-in-force in its homeowners insurance segment is due to agents being distracted a little bit by upcoming changes to their commission structure.
After reporting an increase in second-quarter profit, American Financial Group says it has reduced its earnings guidance for 2012 over potential losses in its crop-insurance line.
Increases in losses primarily from accident-year property exposures in 2011 that were not reported until the second quarter this year resulted in Meadowbrook Insurance Group Inc. reporting a net loss of $7.7 million for the period.
Robert H. Benmosche, chief executive officer of American International Group Inc., tells employees he thinks the company is unstoppable. AIG wants to drive home the same point to the rest of the world, and is using YouTube to do it.
Robert H. Benmosche, chief executive officer of American International Group Inc., tells employees he thinks the company is unstoppable. AIG wants to drive home the same point to the rest of the world, and is using YouTube to do it.
CNA Financial Corp.s chief executive says the commercial insurer is seeing rate increases in every line it writes, and it remains optimistic despite some reports from other insurers indicating rates could be flattening.
Convicted child abuser Gerald Sandusky has looked to his homeowners insurer, State Farm, for defense and indemnity costs related to his criminal trial and a civil lawsuit filed against him.