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Hartford sells P&C reinsurance business

Hartford Financial Services Group has sold the bulk of its property and casualty (P&C) reinsurance bu...

Hartford Financial Services Group has sold the bulk of its property and casualty (P&C) reinsurance business to Bermuda-based Endurance Specialty Holdings.
The sale includes the renewal rights for

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Storm damage claims test insurers’ settlement choices

A year of severe storms has strained repair networks and claims operations, which Ben Blain, head of property at Verisk Claims, points out has placed insurers’ settlement decisions, data oversight and ability to evidence fair customer outcomes firmly under the regulatory spotlight.

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