Texas Grid Solicits Power Reserves to Avoid ‘Unacceptable’ Winter Risk October 3, 2023 By Naureen S. Malik The Texas grid operator is seeking to secure an extra 3,000 megawatts of power reserves this winter to avoid an...
NCCI: Workers’ Comp Reserve Redundancy Reaches $14 Billion September 30, 2021 By Jim Sams Workers’ compensation insurers continue to stow away more money than necessary in reserves, even as reported loss ratios continue to...
Travelers Sets Aside ‘Modest’ Funds for Child Sex-Abuse Claims 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...
GE Risk From Reserve ‘Plague’ Worse Than Average, Fitch Says August 20, 2019 By Katherine Chiglinsky General Electric Co. has “very high” exposure to the long-term care insurance market and is worse than average when it...
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...
AIG Unlikely to Take Q4 Reserve Charges November 23, 2011 Bailed-out insurer American International Group is unlikely to add to reserves in the current quarter, though investors may not be...