“Severe convective storms require more nuanced aggregation management than, say, a single hurricane,” she explained. “If you’re writing across the Midwest, Southeast, and Plains, you

Following the catastrophic wildfires in January 2025 – now considered the most expensive wildfire event in US history – insurers have been navigating a perfect

Allstate’s other segments in Q1  Meanwhile, Allstate’s property-liability segment reported earned premiums of $14 billion in Q1 2025, an 8.7% increase year over year. Premiums

Article 0 Comments Allstate Corp. first quarter 2025 net income applicable to common shareholders fell more than 52% to $566 million primarily due to a

In the core commercial segment, operating income before taxes was $26.8 million, down from $71.5 million a year earlier. The segment’s combined ratio increased to

Premiums, fees, and other revenues increased 14% to $13.6 billion, reflecting higher underwriting margins, growth in volume, and stronger variable investment income. These gains were

Article 0 Comments The probe into the deadly Southern California Eaton fire is likely to take a year or more as authorities examine Edison International’s

“Organizations need a comprehensive understanding of their supply chains—beyond just their direct suppliers—especially with the changes to global trade policies,” explained Martin South, president and

Hiscox London Market reported ICWP of $329.7 million, a 4.0% increase from $316.9 million last year. Growth came from property, marine, energy, and specialty classes.

Pre-tax catastrophe and weather-related losses, net of reinsurance, totaled $49 million, or 3.7 points on the combined ratio. Of that, $32 million, or 2.4 points,