Insurers Reserve for Potential Child Sex-Abuse Claims Under Extended Time Limit Statutes January 27, 2020 By Suzanne Barlyn Travelers Companies Inc. has set aside a “modest” amount of additional money to cover its possible exposure to child sex-abuse...
Travelers Profit Misses on Higher Reserves for Claims October 22, 2019 Insurer Travelers Cos Inc reported a lower-than-expected quarterly profit on Tuesday as it bolstered its reserves to cover asbestos-related and...
4 Reasons for Reserve Deficiencies That No One Talks About June 8, 2016 By Todd DeStefano and Bill Barbagallo Reserve accuracy is a key performance indicator for claims departments and is usually the primary focus of claims audits. Regardless...
After 78% Stock Plunge Tower to be Bought by Amtrust January 6, 2014 By Zachary Tracer Tower Group International Ltd., the insurer that plunged last year amid reserve shortfalls, arranged to get a lifeline from AmTrust...