AmTrust Financial Services, Inc., a global specialty property and casualty insurer, today released the AmTrust 2021 Contractor Risk Report, identifying common injuries and the resulting time off work for the specialized group. The report, based on 26,000 workers’ compensation claims over 10 years, found that companies in business less than four years make up 75… Continue reading AmTrust 2021 Contractor Risk Report: First-Year Employees Pose Greatest Injury Risk with a Third of Claims Paid Out
Tag: P/C insurer
Hartford Confirms Chubb Takeover Proposal, Board Reviewing Deal
Hartford Financial Services Group Inc. said Chubb Ltd., the mammoth property-casualty insurer run by Evan Greenberg, made an unsolicited proposal to acquire the company. Hartford’s statement, released Thursday, confirms an earlier Bloomberg report about the approach. Hartford said its board is reviewing the deal with financial and legal advisers and didn’t disclose any terms of… Continue reading Hartford Confirms Chubb Takeover Proposal, Board Reviewing Deal
Hippo Acquires Spinnaker Insurance Company
Hippo, the high-growth company that’s transforming home insurance and ownership, announced today that it has entered into a definitive agreement, pending regulatory approval, to acquire Spinnaker Insurance Company, a national property and casualty insurer licensed in 50 states and rated A- (Excellent) by A.M. Best Company. As part of the acquisition, Spinnaker will join Hippo’s… Continue reading Hippo Acquires Spinnaker Insurance Company