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News
Travelers ratings affirmed by AM Best as insurer posts record underwriting income
9+ hour, 30+ min ago (257+ words) Traders Union Travelers ratings affirmed by AM Best as insurer posts record underwriting income The Travelers Companies and its main insurance subsidiaries retain top-tier credit ratings from AM Best, reinforcing the group’s standing in the U.S. property and casualty insurance…...
U.S. insurers rethink hurricane risk as El Niño points to quieter Atlantic season
3+ week, 4+ day ago (321+ words) A weaker Atlantic hurricane season in 2026 is no longer translating into straightforward relief for property insurers as coastal development and rising asset values raise potential losses. Even in an El Niño year, a single storm hitting a dense, high-value metro…...
Sypher Insurance Exchange receives BBB financial strength rating in Florida property market
2+ mon, 2+ week ago (257+ words) Traders Union Sypher Insurance Exchange receives BBB financial strength rating in Florida property market Florida's residential property insurance market is adding a newly formed reciprocal insurer as Sypher Insurance Exchange secures a BBB Insurance Financial Strength Rating with a Stable…...
U.S. homeowners face elevated hurricane risk across Florida, Texas and Northeast states
2+ mon, 3+ week ago (262+ words) Traders Union U.S. homeowners face elevated hurricane risk across Florida, Texas and Northeast states Hurricane exposure for U.S. homeowners extends well beyond the Gulf Coast, with densely populated Northeastern states carrying especially high property values at risk. More than 32.2 million homes nationwide…...
U.S. personal lines rate increases return to pre-pandemic levels as markets stabilize
3+ mon, 3+ day ago (285+ words) Traders Union U.S. personal lines rate increases return to pre-pandemic levels as markets stabilize After several years of steep premium adjustments tied to elevated claims costs, approved rate increases for U.S. private passenger auto and homeowners' policies ease in 2025. The shift points…...
U.S. Justice Department files antitrust statement in California fire insurance case
3+ mon, 2+ week ago (532+ words) Ashutosh Sureka is a finance professional specializing in financial research, credit assessment, and equity analysis. Having worked across leading rating agencies and investment firms, he brings a data-driven approach to evaluating markets, companies, and asset classes. His work spans across…...
U.S. House panel reviews reinsurance, credit risk transfer role in taxpayer protection
3+ mon, 4+ week ago (626+ words) Dan Blystone began his trading career in 1998 as an arbitrage clerk on the floor of the Chicago Mercantile Exchange (CME). He later traded bond and Eurex futures at proprietary firms such as Altea Trading, gaining valuable experience in high-frequency trading…...
House advances FIRE Act for states and manufacturers
3+ mon, 4+ week ago (598+ words) Ashutosh Sureka is a finance professional specializing in financial research, credit assessment, and equity analysis. Having worked across leading rating agencies and investment firms, he brings a data-driven approach to evaluating markets, companies, and asset classes. His work spans across…...
U.S. homeowners face rising non-mortgage housing costs as insurance and taxes squeeze budgets
5+ mon, 3+ day ago (376+ words) Dan Blystone began his trading career in 1998 as an arbitrage clerk on the floor of the Chicago Mercantile Exchange (CME). He later traded bond and Eurex futures at proprietary firms such as Altea Trading, gaining valuable experience in high-frequency trading…...
Progressive Corporation promotes renters insurance as essential for shared housing
5+ mon, 5+ day ago (131+ words) Igor is an experienced finance professional with expertise across various domains, including banking, financial analysis, trading, marketing, and business development. Over the course of his career spanning more than 18 years, he has acquired a diverse skill set that encompasses a…...