The Hartford

Following strong year-to-date performance, P&C stocks were down in June after a change of tone in a Fed meeting.

The legal case involving the Boy Scouts of America and The Hartford remains at an impasse, after holders of abuse claims rejected the insurer’s settlement offer.

The Boy Scouts of America (BSA) and lawyers for sexual assault victims are close to a settlement in the largest bankruptcy case ever filed over childhood abuse, according to a report in the Wall Street Journal.

Personal auto carriers lowered rates in response to 2020’s loss cost trends, but chasing market share now could be a mistake.

Tizzio joined The Hartford through the carrier’s $2.1bn acquisition of The Navigators Group, which closed in 2019.

New CEOs were not able to consistently create higher book value growth than their predecessors, and any growth achieved wasn’t maintained after five years.

Activist investors are successfully learning how to navigate a regulated industry.

Chubb discipline, Hartford reluctance and investor lassitude combine to impede a transaction.

The Chubb CEO seeks to quash speculation the carrier may return with a sweetened takeover proposal.

The senior underwriter joins the carrier from Chubb.

The carrier provided optimistic projections on margins and growth, expanded buyback authorization and gave details about two more bids from Chubb.

The CEO also says M&A remains a “low priority” for the carrier and that he doesn’t see any further outsized liability exposures in the portfolio after settling with BSA.