The Hartford
-
The Connecticut-headquartered insurer also took a hit from $138mn in wind and hail claims during the quarter.
-
The insurer is set to return around $80mn to customers under the scheme.
-
William Steinberg was senior vice president and commercial property head at the AIG unit.
-
A bill circulating in Congress would make the industry retain the first $250mn of pandemic risk, a proposal that has split industry opinion.
-
The case follows lawsuits lodged earlier this month against Travelers by the firm. -
The company reported an in-line quarter as a frequency benefit from auto in personal helped offset weaker results in commercial.
-
Among the biggest gainers was Fairfax Financial, which jumped by nearly 10 percent.
-
Kemper today become the latest carrier to announce a partial refund for customers.
-
The restaurateur argues that insurance should pay for contamination and BI losses.
-
Thomas Boudreau led inland marine and construction business at the carrier.
-
Linda Carmona and Curt Browder are understood to have left the insurer.
-
Coming into 2019, with margins reaching cyclical highs, and pricing still elevated, the dynamic in auto changed on a dime.
