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HomeAbout UsContact UsCustomer Service Our Publications * Health Payer Specialist * Life Annuity Specialist * P&C Specialist Close Menu My AccountSaved Content Help Close Menu Search PersonalCommercial PersonalCommercial Breaking News JAMES RIVER PREVAILS OVER FLEMING IN COURT; SALE OF RE UNIT UPHELD BY JUDGE ZURICH TO STOP UNDERWRITING NEW OIL AND GAS PROJECTS, REPORT SAYS PORT OF BALTIMORE TO REOPEN BY END OF THE MONTH: REPORT APRIL 8, 2024 Print Issue Text Prev Issue Prev Select Issue -------------------------------------------------------------------------------- BIG LIABILITY INSURERS WITH WORSENING LOSS RATIOS IN A TOP PRODUCT LINE State Farm topped the list with a nearly 50 percentage point deterioration in its claim handling experience in 2023. COMMERCIAL INSURERS WITH THE MOST DETRACTORS ON A TOP CAREER SITE The majority of surveyed employees at most big commercial insurers would recommend their company to a friend, Glassdoor data shows. But at eight of the industry's Top 25 insurers, more than one-third of the queried workforce lacks enthusiasm about their employer. TRUMP’S SURETY INSURER FACES LOOMING DEADLINE TO PROVE FINANCIAL RESOURCES Knight Specialty Insurance, not admitted in New York and lacking a state qualification, according to the state’s attorney general, is in the spotlight again as its CEO expresses confidence it can meet the A.G’s demand. SURETY INSURERS ENTER CHAOTIC 2024 PRESIDENTIAL FRAY: A TIMELINE Chubb and Knight Specialty Insurance, at opposite ends of the sector by size, reckon with the same issues as they provide financial cover for Donald Trump’s legal appeals. COMMERCIAL INSURERS SUFFER THE STEEPEST 'NET WORTH' DECLINES FROM THESE AFFILIATES Four subsidiaries of commercial insurance carriers witnessed policyholder surplus deterioration of 10% or more last year. And almost one in four among an 85-affiliate peer group saw its surplus move in the wrong direction year over year. INLAND MARINE CARRIERS WITH THE BIGGEST DROPS IN LOSS RATIO Sector leader Liberty Mutual was among a handful of carriers to post double-digit increases in their direct incurred loss ratio last year. NEWS DIGEST * Allianz's P&C Restructuring Enters New Phase with Middle-Market Divestment * Commercial Rate Increases Slow in Q1 * Private Credit Tops List of Insurers’ Favored Assets * Aon Regional Finance Lead Moves up to become NYC Market Leader NATIONWIDE ACCUSED OF STIFLING CRITICS VIA WEBSITE USER AGREEMENTS A proposed class action alleges that non-disparagement clauses in the carrier’s online terms and conditions violate California law. BREAKING NEWS ALERTS SINCE LAST EDITION * P&C Industry Reacts to Magnitude 4.8 Earthquake in NYC Metro Area SIGN UP FOR OUR EMAILS Get the latest commercial lines news delivered to your inbox Submit Search Legal & Privacy * Terms & Conditions * Privacy Policy * Copyright * Cookie Policy * Manage Cookies -------------------------------------------------------------------------------- Contact Us * Help * Reprints * Advertise -------------------------------------------------------------------------------- Editorial * Contact the Editor * Our Reporters * Send a Tip -------------------------------------------------------------------------------- Corporate * About Us * Meet the Team * Our Publications * Work with Us * FAQ -------------------------------------------------------------------------------- Legal & Privacy Terms & Conditions Privacy Policy Copyright Cookie Policy Manage Cookies Contact Us Help Reprints Advertise Editorial Contact the Editor Our Reporters Send a Tip Corporate About Us Meet the Team Our Publications Work with Us FAQ initial initial