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U.S. property and casualty insurers’ net income up US$5 billion in the first half of 2015 from same time last year: ISO Fallback Image Decorative pattern

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U.S. property and casualty insurers’ net income up US$5 billion in the first half of 2015 from same time last year: ISO

Private U.S. property & casualty insurers’ net income after taxes grew to US$31 billion in the first half of 2015 from US$26 billion in the first half of 2014, with insurers’ overall profitability as measured by their rate of return on average policyholders’ surplus growing to 9.2% from 7.8%, according to a report from ISO […]

By Canadian Underwriter | October 22, 2015

2 min read

Report by cybersecurity firm points to continued hacking on US companies despite China pledge Fallback Image Decorative pattern

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Report by cybersecurity firm points to continued hacking on US companies despite China pledge

WASHINGTON – Chinese hacking attempts on American corporate intellectual property have occurred with regularity over the past three weeks, suggesting that China almost immediately began violating its newly minted cyberagreement with the United States, according to a newly published analysis by a cybersecurity company with close ties to the U.S. government. The Irvine, California-based company, […]

By Canadian Underwriter | October 19, 2015

3 min read

U.S. p&c industry posts improved underwriting results and net income through the first half of 2015: A.M. Best Fallback Image Decorative pattern

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U.S. p&c industry posts improved underwriting results and net income through the first half of 2015: A.M. Best

The United States’ property and casualty industry posted improved underwriting results and net income through the first six months of 2015, according to a special report released on Monday by ratings agency A.M. Best Company. The Best Special Report, titled P/C Industry posts improved underwriting results and net income during first half of 2015, also […]

By Canadian Underwriter | October 7, 2015

2 min read

SGI certified eDocs for commercial lines Fallback Image Decorative pattern

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SGI certified eDocs for commercial lines

Saskatchewan Government Insurance (SGI) has obtained eDocs certification for commercial lines, the Centre for Study of Insurance Operations (CSIO) announced. EDocs is intended to help brokers save time by letting them download policy documents directly from carriers’ computer systems to their broker management systems, and to store those documents in their BMSs without manual intervention. […]

By Canadian Underwriter | October 5, 2015

2 min read