EARNINGS
May 01, 2025 01:46 PM (EDT)
Allstate Corp. hopes tort reform will reduce the “rampant effect of fender-bender lawsuits” enough to help offset any higher costs from new U.S. tariffs, Chair, President and Chief Executive Officer Tom Wilson said during an earnings conference call.
Apr 25, 2025 01:54 PM (EDT)
Tariffs and other economic uncertainties are complicating an insurance market that remains strong otherwise despite higher catastrophe losses, said Hartford Insurance Group Inc.'s chief executive officer.
SPECIAL REPORT
Apr 24, 2025 08:39 AM (EDT)
AM Best data shows that nearly half of all U.S. states saw its highest single-year property catastrophe loss ratio in the last 10 years exceed its 10-year median loss ratio by more than 20 percentage points.
May 02, 2025 12:07 PM (EDT)
Tariff uncertainty may affect the insurance industry through supply chain disruption depending on how long the tariffs last, said American International Group Inc.'s chief executive officer.
Apr 23, 2025 02:12 PM (EDT)
Uncertainty created by an unclear international tariff situation and rising inflation can have a significant impact on the global insurance impact depending on how long current trends persist, said Chubb Ltd.'s chief executive.
Apr 28, 2025 08:36 AM (EDT)
Despite another year of elevated catastrophe losses, U.S. property/casualty (P/C) insurers generated high investment returns and were able to exceed their cost of capital in 2024, according to new AM Best report.
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