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Financial services and insurance, most read


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Financial services and insurance, most read

Most read stories for the week include Progressive's private auto growth rate topping that of GEICO and the life insurance industry is looking for a "harmonious" fiduciary rule.

Michigan a swing state as Progressive's private auto growth rate tops GEICO's

Progressive Corp.'s rate of growth in private auto direct premiums written in 2017 narrowly topped that of rival GEICO Corp. for the first time in 14 years.

Life insurers looking to SEC, state regulators for 'harmonious' fiduciary rule

Life insurance industry advocates are now looking to a trio of state and federal regulators to develop a "harmonious" fiduciary rule after a key appellate court vacated the original rule championed by the U.S. Department of Labor.

Fidelity National reprises role as title insurance industry consolidator

One of the most consolidated sectors of the U.S. insurance industry has produced another significant M&A deal that will elevate the market share of Fidelity National Financial Inc. by more than 10 percentage points on a pro forma basis.

CME's interest in NEX may spark bidding war among exchanges

With CME Group Inc. confirming that it is weighing a bid to acquire the London-based electronic-trading company, rival bourses such as Intercontinental Exchange Inc. and London Stock Exchange Group PLC could also emerge as potential suitors for NEX, several industry analysts said.

BlackRock outlines plan to press companies on climate, worker policy, diversity

BlackRock Inc. has offered additional details on the types of discussions it will be having with companies during 2018 on key priorities like climate risk, executive compensation, board diversity and employee practices.