Most-read stories for the week include a piece on Florida's insurer of last resort appearing well-positioned for Hurricane Michael and a look at how third-quarter losses at London-listed insurer Lancashire Holdings threaten its dividend payment.
Vermont in talks to allow long-term care rate increases for 1st time in years
A state regulator that has rejected long-term care premium increase requests for years is now shifting its stance on rate hikes.
Losses at UK insurer Lancashire threaten dividend payments, analysts suggest
Third-quarter losses at London-listed insurer Lancashire Holdings Ltd. could put the company's special dividend at risk, one analyst has warned, while another cut dividend estimates. But analysts also pointed out that investors should expect volatility in the specialist insurer's results.
Higher winds, reinsurance cover could limit Michael's impact on primary insurers
The intensity with which Hurricane Michael strikes homes and businesses in northern Florida will bear not only on the property it could damage but also on the dollar amount that triggers property insurance coverage.
Florida's insurer of last resort appears well-positioned for Hurricane Michael
Citizens Property Insurance Corp.'s absolute and relative exposure in the 11 Gulf of Mexico-bordering counties under a hurricane warning declined since the last time a hurricane made landfall in that part of the state.
Share performance showed time was right for Aviva CEO to go, analysts say
Mark Wilson's exit from the CEO role at Aviva PLC, the U.K.'s largest insurer, comes as little surprise, according to analysts, because of lackluster share price performance and unclear profit growth prospects.