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Despite reporting catastrophe losses that doubled over last year, Progressive says its May net income increased 68 percent over the same period last year.

Despite reporting catastrophe losses that doubled over last year, Progressive says its May net income increased 68 percent over the same period last year.

Outgoing Liberty Mutual Group chief executive Edmund “Ted” Kelly says his continued role as chairman will not include stepping on David H. Long’s toes.

Aon Benfield says global reinsurance capital declined by more than 6 percent in the first quarter of this year.

Aon Benfield says global reinsurance capital declined by more than 6 percent in the first quarter of this year.

In his opening keynote address at the ACE America’s Claims Event conference, attorney Stephen A. Cozen said the Supreme Court has become a valued partner of the insurance industry, working to reduce punitive damage awards and reject exposure lawsuits.