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Digital Tools Help Agency Revenues, But Cybercrime ConcernsMay Hamper Adoption By Max Dorfman, Research Writer, Triple-I Insurance agencies that adopt digital methods to interact with customers have seen their revenues grow faster than their less digitally sophisticated competitors, according to new research by Liberty Mutual and Safeco Insurance. However, the research also indicates that digital adoption by agencies has slowed in recent years. The study, … Continue reading Digital Tools Help Agency Revenues, But Cybercrime ConcernsMay Hamper Adoption →
POSTED MAY 31, 2023 7:14 PM |
Debt Ceiling Debate Adds Heat to P/C Insurers’ Replacement Cost Woes Uncertainty spawned by the debt ceiling debate will likely exacerbate the replacement cost inflation that has been putting upward pressure on property/casualty insurers’ loss ratios – and, ultimately, consumers’ premium rates, according to Triple-I’s chief economist. “Whether or not we go to five, 10, 20 days – or if we don’t have a shutdown at … Continue reading Debt Ceiling Debate Adds Heat to P/C Insurers’ Replacement Cost Woes →
POSTED MAY 26, 2023 4:10 PM |
2023 Global Inclusion in Insurance Event to Be Held in New York City By Loretta L. Worters, Vice President, Media Relations, Triple-I The Insurance Industry Charitable Foundation (IICF) will host its Inclusion in Insurance Global Conference June 13-15 at the New York Hilton Midtown. The first in-person international event in the conference series since the 2019 Women in Insurance Global Conference, it will bring together hundreds of insurance … Continue reading 2023 Global Inclusion in Insurance Event to Be Held in New York City →
POSTED MAY 18, 2023 10:55 AM |
Captain of Her Own Ship: Anne Marie Elder By Loretta L. Worters, Vice President, Media Relations, Triple-I In celebration of International Day for Women in Maritime – observed every May 18 – Triple-I interviews women who have made a difference in the maritime field. Last year, the Triple-I focused on Isabelle Therrien, SVP-Canada, Falvey Cargo Underwriting. For as long as Anne Marie Elder … Continue reading Captain of Her Own Ship: Anne Marie Elder →
POSTED MAY 17, 2023 6:19 PM |
Commercial Lines Partly Offset Personal Lines Underwriting Lossesin P/C 2022 Results By Max Dorfman, Research Writer, Triple-I The U.S. property/casualty insurance industry ended 2022 with a net combined ratio of 102.4 – representing an overall underwriting loss that would have been significantly worse if not for an underwriting profit in commercial lines that partially offset a loss in personal lines, according to the latest underwriting projections by … Continue reading Commercial Lines Partly Offset Personal Lines Underwriting Lossesin P/C 2022 Results →
POSTED MAY 16, 2023 1:13 PM |
Insurance Business AmericaAllstate Newsroom | News, Press Releases & Articles
Allstate Returns Cash to Shareholders through Dividends
NORTHBROOK, Ill., May 22, 2023 – The Allstate Corporation (NYSE: ALL) announced today that its board of directors has approved…
The post <strong>Allstate Returns Cash to Shareholders through Dividends</strong> appeared first on Allstate Newsroom.
POSTED MAY 22, 2023 8:26 PM |
Allstate Announces April 2023 Catastrophe Losses and Implemented Auto Rates
NORTHBROOK, Ill., May 18, 2023 – The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of April…
The post <strong>Allstate Announces April 2023 Catastrophe Losses and Implemented Auto Rates</strong> appeared first on Allstate Newsroom.
POSTED MAY 18, 2023 12:29 PM |
Allstate: Replacements of Catalytic Converters up Nearly 1,200% Since 2019
What you can do to combat surging thefts
The post Allstate: Replacements of Catalytic Converters up Nearly 1,200% Since 2019 appeared first on Allstate Newsroom.
POSTED MAY 17, 2023 5:18 PM |
Allstate Prices Series J Preferred Shares
NORTHBROOK, Ill., May 16, 2023 – The Allstate Corporation (NYSE: ALL) announced that on May 15, 2023 it priced a…
The post Allstate Prices Series J Preferred Shares appeared first on Allstate Newsroom.
POSTED MAY 16, 2023 10:46 AM |
Allstate Reports First Quarter 2023 Results
NORTHBROOK, Ill., May 3, 2023 – The Allstate Corporation (NYSE: ALL) today reported financial results for the first quarter of…
The post <strong>Allstate Reports First Quarter 2023 Results</strong> appeared first on Allstate Newsroom.
POSTED MAY 04, 2023 2:04 AM |
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