Allstate and Allstate Agencies Looking to Bring 500 Jobs to California
The company is hiring 75 new agency owners in California; Agency owners projected to hire more than 400 sales professionals. Allstate Insurance Company is boosting its sales force in California…
Best’s Market Segment Report: U.S. Property/Casualty Industry’s 2017 Underwriting Loss Expected to Rise Sharply to $29 Billion
A.M. Best expects the U.S. property/casualty (P/C) industry to post a second consecutive underwriting loss in 2017, driven mainly by catastrophe losses. As a result, the industry 2017 combined ratio…
Pan-American Life Insurance Group and Strategic Underwriting Solutions Announce New Partnership
Pan-American Life Insurance Group (PALIG), a leading provider of insurance and financial services throughout the Americas, and Strategic Underwriting Solutions (SUS), a provider of high quality health underwriting services that…
Coalition Against Insurance Fraud Announces 9 Worst Insurance Scammers of 2017
A kindly man’s best friend burns him alive … a doctor sticks needles and lasers into patients’ healthy eyes … a father kills his baby. These extreme schemers are among…
Star Bulk Carriers (SBLK) Downgraded to Hold at Zacks Investment Research
Zacks Investment Research downgraded shares of Star Bulk Carriers (NASDAQ:SBLK) from a buy rating to a hold rating in a report. According to Zacks, “STAR BULK is a global shipping…
100% green electrical energy with Guarantees of Origin for Piraeus Group
By making use of the System of Guarantees of Origin, which is the only electricity tracking instrument in Greece that certifies the origin of the consumed electricity, Piraeus Bank Group…
Eurobank: New agreements with National and European institutions to finance small and medium-sized enterprises.
Eurobank, in cooperation with National and European institutions, undertakes important initiatives, aiming to enhance the liquidity of small and medium-sized companies. Specifically: The European Investment Fund (EIF) and Eurobank signed…
Bank credit and deposits: December 2017
In December 2017, the annual growth rate of total credit extended to the economy stood at -1.6%, unchanged from the previous month, while the monthly net flow was positive…
Chubb Reports Fourth Quarter Net Income Per Share of $3.27; Core Operating Income Per Share was $3.17, up 16.5%; Full-Year P&C Net Premiums Written of $27.1 Billion, up 4.2%; Book Value and Tangible Book Value Per Share up 6.5% and 8.6%, Respectively
- Fourth quarter net income of $1,533 million and core operating income (1) of $1,489 million included a provisional tax benefit of $450 million, or $0.96 per share, related to…
