Excess and surplus lines insurer Ategrity Specialty reported lower third-quarter profits Wednesday despite improved underwriting results. The New York-based insurer also expanded its property business and used artificial intelligence to accelerate the lau... See more
Travelers reported higher third-quarter earnings as commercial insurance pricing stayed largely stable and investment income rose. Net income increased 2% to $1.92bn in the quarter. Net written premiums were essentially flat at $11.48bn. Excluding the sal... See more
Travelers reported higher third-quarter earnings Friday as commercial insurance pricing stayed largely stable and investment income rose. Net income increased 2% to $1.92 billion in the quarter, compared with $1.89 billion in the prior-year period. Net wr... See more
A federal appeals court on Tuesday revived wage claims against supermarket chain Lidl brought by a former employee who alleged she was required to arrive early for opening shifts but was not paid for time spent waiting for managers to unlock the stores. S... See more
North American commercial insurance buyers will likely see more favourable market conditions heading into 2027, with further declines in property rates and moderating increases in some liability lines, insurance executives say. Abundant capacity and compe... See more
