Travelers
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Travelers CEO Alan Schnitzer has hit back after an attack from a former GOP gubernatorial candidate.
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District Judge Dolly Gee granted a motion to dismiss, citing virus exclusions.
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Travelers’ 54% beat came with a collection of good news, including rate increases, margin expansion and positive reserve development.
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Rate increases in the carrier's BI segment hit record levels in Q4, Travelers said on Thursday, but the pace of acceleration slowed.
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Underwriting income nearly doubled on underlying gains, lower cats, higher rates and stronger reserve releases.
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Inside P&C’s research team examines some of the areas that will be closely watched during the results season.
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The move follows a similar decision by Marsh & McLennan Companies to freeze political donations.
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“In America, we settle our political disagreements with ballots, not with violence,” said Schnitzer.
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Hover uses computer visualization and machine learning to appraise home repair costs.
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The potential for an inflection point on pricing in the near future was a key Q3 conference call theme.
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The new project loss program brings additional capacity for contractors to the US market.
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Rate in excess of trend needs to be viewed along with low yields and adverse long-term trends on cat losses.
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