“We’ ve been underwriting the complex risks and energy property business for more than 55 years,” said Richard Shaak, President, International Insurance and Starr Tech.“ We thank Chubb for its support throughout this relationship.”. Starr Insurance Companies is a marketing name for the operating insurance and travel assistance companies and subsidiaries of…
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Principal Financial Group ® announced results for first quarter 2023.. Retirement and Income Solutions sales of $8.8 billion increased 18% from first quarter 2022; operating margin 3 of 38% Principal Global Investors managed net cash flow of $0.4 billion and managed AUM of $478.7 billion Principal International reported net cash flow of $0.8 billion and…
Cautionary Statement Regarding Forward-Looking Statements. This quarterly report contains forward-looking statements within the meaning of Section 27 A of the Securities Act of 1933, as amended, and Section 21 E of the Securities Exchange Act of 1934, as amended, adopted pursuant to the Private Securities Litigation Reform Act of 1995.
A battle between the state's biggest health insurer and two emergency room doctors in Southwest Virginia over the $5,560 difference between what the doctors billed and what Anthem Blue Cross Blue Shield offered has raged for more than a year and offers a rare glimpse in the secretive world of medical billing. The dispute brought in five attorneys and some 375…
Flood insurance rates are rising steeply in Louisiana under FEMA's new system for setting premiums, known as Risk Rating 2.0. Using FEMA data, The Times-Picayune| The Advocate has assembled the below interactive map, which allows residents to search by ZIP code to see projected average increases for single-family homes in their area. For further context, see…
The Hartford provides projections and other forward-looking information in the following discussions, which contain many forward-looking statements, particularly relating to the Company's future financial performance. The Hartford undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information,…
Meow Wolf is hiring for its fourth immersive art exhibit at Grapevine Mills opening this summer— a total of 80 positions paying $18 an hour, more than double the minimum wage in Texas. The Santa Fe, New Mexico, arts and entertainment company has been creating large-scale interactive and immersive art installations since 2008. “The Meow Wolf story universe is…
AM Best has affirmed the FSR of A- and the Long-Term ICR of“ a-” of Accelerant Insurance Europe SA, Accelerant Specialty Insurance Company, Accelerant National Insurance Company, Accelerant Re Ltd. and Accelerant Re Ltd.. AIE, ASIC and ANIC play key roles in the group’ s strategy of providing insurance capacity to managing general agents in the United Kingdom, the…
The following discussion highlights significant factors influencing the condensed consolidated results of operations and financial position of Cincinnati Financial Corporation. It should be read in conjunction with the consolidated financial statements and related notes included in our 2022 Annual Report on Form 10- K. Unless otherwise noted, the…
–Arthur J. Gallagher& Co. today reported its financial results for the quarter ended March 31, 2023. Management will host a webcast conference call to discuss these results on Thursday, April 27, 2023 at 5:15 p.m. ET/ 4:15 p.m. CT. "We had an excellent start to 2023," said J. Patrick Gallagher, Jr., Chairman, President and CEO.
Employers Holdings, Inc., a holding company with subsidiaries that are specialty providers of workers' compensation insurance and services focused on select, small businesses engaged in low-to-medium hazard industries, today reported financial results for its first quarter ended March 31, 2023. Net income of $23.6 million or $0.86 per diluted share,…
The Hartford today announced financial results for the quarter ended March 31, 2023. "We are pleased to report The Hartford delivered a trailing 12- month core earnings ROE of 14.3 percent in the first quarter including exceptional results in our Commercial Lines businesses, continued strong results in Group Benefits, and a solid contribution from the…
The discussion and analysis below include certain forward-looking statements that are subject to risks, uncertainties and other factors described in "Risk Factors" in this Quarterly Report on Form 10- Q and in the Annual Report on Form 10- K for the year ended December 31, 2022. The results of operations for the three months ended March 31, 2023 are not…
Kinsale Capital Group, Inc. reported net income of $55.8 million, $2.40 per diluted share, for the first quarter of 2023 compared to $31.8 million, $1.38 per diluted share, for the first quarter of 2022. Net operating earnings were $56.8 million, $2.44 per diluted share, for the first quarter of 2023 compared to $37.7 million, $1.63 per diluted share, for the first…
–Cincinnati Financial Corporation today reported:. First-quarter 2023 net income of $225 million, or $1.42 per share, compared with a net loss of $266 million, or $1.66 per share, in the first quarter of 2022, after recognizing an $84 million first-quarter 2023 after-tax increase in the fair value of equity securities still held. $119 million or 46% decrease in…
Universal Insurance Holdings reported first quarter 2023 results. “It was a strong quarter, including a 23.9% annualized adjusted return on common equity and 23.4% adjusted diluted EPS growth year-on-year,” said Stephen J. Donaghy, Chief Executive Officer.“ There are multiple factors benefiting our business and I’ m optimistic as I look towards the future- the…
That followed a unanimous vote in the state Senate last month advancing the legislation. "It will provide for women at high-risk, MRIs at no cost, no co-pay, no co-insurance, no deductible," Pat Halpin-Murphy, president of the PA Breast Cancer Coalition, said. An estimated 12,830 Pennsylvanians are anticipated to be diagnosed with breast cancer this year, according…
CHICAGO, Illinois, April 27– The American Bar Association issued the following news release:. The Tort Trial& Insurance Practice Section and the Young Lawyers Division of the American Bar Association will host the first joint TIPS& YLD Section Conference, May 3-6, in New York City. Milana Hogan, chief talent officer at Sullivan& Cromwell LLP, and co-chair of the ABA…
WASHINGTON, UNITED STATES- April 27th, 2023- Achieve Alpha, a leading health insurance broker in Washington, is offering personalized health insurance consultations to small business owners in the area. "Achieve Alpha is dedicated to helping small business owners in Washington find the right health insurance coverage for their unique needs," said Gary Franke,…
