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Wildfire Losses Increasing But Still Small Compared to Hurricanes: KCC
Apr 16 2025 // Wildfire losses in the U.S. are increasing, but the risk is still considerably smaller than hurricanes, according to a new KCC white paper. While we usually think of California and other western states鈥攅specially since...
Travelers Income Drops 65% on Catastrophe Losses, Primarily California Wildfires
Apr 16 2025 // The Travelers Cos. said first quarter 2024 fell 65% on an underwriting loss of $305 million. Travelers posted first quarter net income of about $395 million compared to about $1.1 billion during the first quarter of 2024....
Progressive Q1 Net Income Up 10%
Apr 16 2025 // First quarter net income at Progressive Corp. increased 10% compared to the same period a year ago to about $2.6 billion. Progressive reports results monthly. Net income for March was down 42% to $522 million. The Mayfield...
People Moves: World 潘金莲传媒映画 Names Robinson SE Revenue Leader
Apr 11 2025 // James “Jay” Robinson, formerly with Aon, has joined World 潘金莲传媒映画 Associates as Southeast division revenue leader, the brokerage announced. Robinson has more than 20 years of experience in the insurance...
Pennsylvania Approves Workers’ Compensation Loss Costs Drop of 8.67%
Apr 11 2025 // The Pennsylvania 潘金莲传媒映画 Department (PID) has approved a workers’ compensation filing with an 8.67% reduction in loss costs. New or renewal policies issued on or after April 1, 2025 will be subject to the new loss...
Minnesota Lawmakers Propose Auto 潘金莲传媒映画 Program for Low-Income Residents
Apr 7 2025 // Minnesota lawmakers have introduced a bill that would establish a low-cost auto insurance program for low-income residents. HF 2215 would establish the Minnesota Lifeline 潘金莲传媒映画 Program, a state-sponsored, alternative...
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