Catastrophe claims cut through Cincinnati Financial’s Q1 results

[ad_1] The problem, Merlin argued, isn’t the existence of affiliated service providers – it’s the lack of transparency and oversight. “Managing general agents, service companies, reinsurers all have a proper place, and they can be affiliated,” he said. “But that’s why the transactions have to be audited.” [ad_2] Source link

[ad_1] Revenue and income both increased year-on-year [ad_2] Source link

[ad_1] This extra insurance called “Accidental death & disability rider” helps if the insured has a permanent disability or dies unexpectedly from an accident. It’s useful if you work in a high-risk job, do extreme sports or travel often. It helps you pay for medical expenses, lost income because of the accident, lump-sum payment for…

[ad_1] For the fourth quarter of 2024, the company reported a net loss of $12.6 million, or $1.30 per share, compared to a net profit of $49.1 million, or $5.07 per share, in the same period of the prior year. The loss was attributed to lower insurance revenues, reduced net investment gains, and a legal…

[ad_1] Latest director served at KPMG for 30 years [ad_2] Source link

[ad_1] On August 22, 2025, Travelers Property Casualty Company of America filed a lawsuit against The Hanover Insurance Company in the US District Court for the District of Massachusetts. The dispute centers on a slip-and-fall incident that allegedly took place on January 25, 2022, at 27 Christie Way in Marlborough, Massachusetts – a property known…