Insurance Journal News Feed

Insurance Journal news feed

1. Zurich Insurance Group Sets New Targets After Meeting Existing Ones a Year Early

   Zurich Insurance Group AG set new targets for profitability and profit growth for the next three years, after a better-than-expected market environment put it on track to exceed its existing guidance a year ahead of plan. The insurer pledged to …

2. General Mills to Engage Regulators on Food Dyes Targeted by RFK Jr.

   General Mills Inc. is planning to engage federal officials over potential restrictions on food dyes that it uses in some of its cereals, as Robert F. Kennedy Jr., the nominee to run the Department of Health and Human Services, calls …

3. Allianz Offers 5 Loss Trends to Watch on the Liability Front

   As the costs of nuclear and thermonuclear verdicts explode in the U.S., organizations are examining ways to predict, prevent and avoid the liabilities that light the fuse on multi-million-dollar court cases. Areas critical to watch include pharma class actions, the …

4. Sica Fletcher Index: Total Agency-Broker M&A Revenue Down 38% YTD

   The 22 acquirers that make up the Sica Fletcher Index were involved in 142 agent-broker deals in the third quarter to match the amount of deal from the same quarter last year. Members completed 385 acquisitions for the year as …

5. Redfin Reports Home Sales Dropping Fast in Five Florida Metro Areas

   The five U.S. metropolitan areas with the biggest drop in home sales are all in Florida, the result of a perfect storm of rising insurance costs, homeowner association fees and repeat storms, a home sales tracking service reported Wednesday. Redfin, …