Hartford Financial Services is seeking bids from two of its rivals for its property-casualty unit, a move seen as a possible breakup of the insurer.

New York-based Travelers and Zurich-based Ace …  Read →

As people seek additional ways to cut costs, more homeowners are likely to consider lowering their policy limits.

Travelers is encouraging consumers to think twice about this approach.

“As property values continue …  Read →

Agents’ satisfaction with personal property-casualty insurance companies falls greatly when they are not notified quickly of a customer-filed claim.

When agents are notified on the same day that a claim is …  Read →

Predictive modeling, given new advances and applications, should play an increasingly important role in the property-casualty insurance business in the next decade, panelists said at a Casualty Actuarial Society Predictive …  Read →