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Insurance Property and Casualty Insurance

  • NEW YORK, May 2- When my 8- month old puppy nabbed a chicken thigh bone off a plate and swallowed it whole, I was worried about many things, but the veterinarian bill was not one of them. Standing at the front counter at the emergency clinic that Sunday night, with my children tearing up next to me, I was presented an estimate of $1,500 for manual extraction- which would...

  • NEW YORK, May 2- When my 8- month old puppy nabbed a chicken thigh bone off a plate and swallowed it whole, I was worried about many things, but the veterinarian bill was not one of them. Standing at the front counter at the emergency clinic that Sunday night, with my children tearing up next to me, I was presented an estimate of $1,500 for manual extraction- which would...

  • NEW YORK, May 2- When my 8- month old puppy nabbed a chicken thigh bone off a plate and swallowed it whole, I was worried about many things, but the veterinarian bill was not one of them. Standing at the front counter at the emergency clinic that Sunday night, with my children tearing up next to me, I was presented an estimate of $1,500 for manual extraction- which would...

  • NEW YORK, May 2- When my 8- month old puppy nabbed a chicken thigh bone off a plate and swallowed it whole, I was worried about many things, but the veterinarian bill was not one of them. Standing at the front counter at the emergency clinic that Sunday night, with my children tearing up next to me, I was presented an estimate of $1,500 for manual extraction- which would...

  • *Asia non-life distribution deal could be worth at least $500 mln. *Deal will be one of the largest in Asia. The multi-year, bancassurance deal for products such as motor, property and travel insurance, will be one of the largest of its kind in the region, and give insurers access to 15 million customers of Citibank in 12 markets including Singapore, Hong Kong, China,...

  • How to recover from Stella

    Sheldon Yellen, Belfor Holdings CEO, discusses how to prepare and recover from snowstorms like Stella.

  • March 9- American International Group Inc said on Thursday Chief Executive Peter Hancock plans to step down, a move that comes more than a year after billionaire investor Carl Icahn called for a breakup of the company. The Wall Street Journal reported last month that the company's board was discussing whether to penalize or oust Hancock over a major setback to...

  • *Fundraising would buy time ahead of planned IPO in China. HONG KONG, March 6- Zhong An Online Property and Casualty Insurance plans to sell 5-10 percent of the company to a couple of strategic investors, to raise up to 10 billion yuan, ahead of a planned initial public offering in mainland China, according to four people with direct knowledge of the matter.

  • Feb 27- American International Group Inc's directors are discussing whether to penalize or oust Chief Executive Peter Hancock over a major setback in the insurance firm's turnaround plan, the Wall Street Journal reported, citing people familiar with the matter. AIG's net loss widened to $3.04 billion, or $2.96 per share, in the fourth quarter ended Dec. 31, from...

  • Feb 27- American International Group Inc's directors are discussing whether to penalize or oust Chief Executive Peter Hancock over a major setback in the insurance firm's turnaround plan, the Wall Street Journal reported, citing people familiar with the matter. Fifteen directors are expected to debate on various potential actions at a board meeting in...

  • Winter storm insurance

    CNBC’s Kelli Grant explains how you can make sure your homeowners’ insurance is ready to weather the cold.

  • *Proposes 12- mth share buyback of up to 3 bln euros. ZURICH, Feb 17- Allianz played down talk of it making a major acquisition any time soon as its chief executive Oliver Baete said on Friday the German insurer could grow without deals. The Munich- based group said it would return up to 3 billion euros to shareholders, but made clear this did not exclude the possibility...

  • Feb 14- American International Group Inc, the largest commercial insurer in the United States and Canada, reported a bigger-than-expected quarterly loss, largely due to a $5.6 billion reserve charge to cover possible future claims. AIG's net loss widened to $3.04 billion, or $2.96 per share, in the fourth quarter ended Dec. 31, from $1.84 billion, or $1.50 per share,...

  • The plan by Washington- based SmarterSafer.org calls for the National Flood Insurance Program, to use cutting-edge technology that would more precisely determine flood-prone areas, and to price flood insurance premiums in accordance with those specific risks. The program, operated by the Federal Emergency Management Agency, is $24.6 billion in debt to the...

  • The weak auto results will weigh on investor sentiment for more than just a day, Deutsche Bank Market Research analyst Joshua Shanker said in a note. The insurer said its net income rose 8.9 percent to $943 million, or $3.28 per share, in the fourth quarter ended Dec. 31. On an operating basis, the company earned $3.20 per share, beating analysts' average estimate of...

  • Although it's important to have insurance to protect against risk, there is a cost — not just in dollars — to carrying too much coverage.

  • Allstate said it would buy SquareTrade for about $1.4 billion from a group of shareholders that include Bain Capital.

  • Couple doing paperwork

    Most people know they need home, auto and health insurance, but confusion arises with non-required coverage, such as long-term care.

  • British Land’s relationship with The Leadenhall Building

    British Land CEO, Chris Grigg, explains why he won’t comment on market rumors when asked about whether he’s selling his stake in the Leadenhall Building.

  • No real change compared to a year ago: British Land CEO

    Following the property management firm’s earnings, British Land CEO Chris Grigg talks about how the company is faring following the Brexit vote.