E&S/Specialty

There are around 150 million cats and dogs in the U.S., and only 3% are insured, showing room for market penetration.

A survey also showed just one in 10 people had very good cyber protection in place, highlighting a growing need for personal cyber coverage.

The proposed deal, which would largely be settled in cash, represents a 26% premium on The Hartford's average share price, Chubb stated.

Litigation is mounting as a result of Winter Storm Uri. Here, a prominent Texas attorney provides insight for claimants and insurers.

If an agreement is reached, the deal could become one of the insurance industry's biggest transactions in years.

Biden's FTC appointees have previously shown support for holding individual corporate leaders liable for company misconduct.