Hints and tips:
...Allstate’s 2Q underwriting results (as measured by its “combined ratio”) highlights what can happen when weather and economic conditions turn against property and casualty insurers....
...Mayhem persists among the US’s property and casualty insurers. Auto-insurance businesses are still losing money....
...The US property and casualty insurance industry has suffered through a summer of devastating thunderstorms on the continent....
...In recent months, both State Farm and Allstate have announced plans to stop writing new policies in fire-prone California....
...Big insurers such as State Farm and Allstate said recently they had suspended offering home insurance to new customers in California....
...No premiums for insurtech Once high-flying insurance start-ups like Lemonade, Hippo and Root have emerged as the biggest casualties of the broader sell off in tech stocks, the FT’s Ian Smith writes....
...Over the last year, we understand that a number of AIG’s 100,000+ employees have left A.I.G. to join the company’s direct competitors in the global property and casualty and life insurance businesses....
...Home Depot, the home improvement retailer that sponsors the US national football team, is also backing Univision’s match coverage, along with McNeil’s Tylenol and Allstate Insurance....
...Allstate and State Farm, two big property and casualty insurers, now want other states and the federal government to establish reinsurance schemes as well....
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