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Allstate expects minimum $660m Q3 hit from job cuts and interest rates
US insurer's restructuring plan will cut around 8% of its workforce
Hawaiian insurers look on as hurricane Douglas approaches
State Farm Group, Heritage Insurance Holdings Group and Tokio Marine are the main writers for homeowners' multi-peril lines
Travelers warns of $114m Q2 Covid-19 losses
Insurer also expects $400m subrogation wildfire-linked recoveries in Q3
Allstate reports $1bn in cat losses for May and April
Figure nearly half of full year 2019 losses, caused by weather in Texas and Midwest
Allstate hit with $632m cat losses
The losses were for six events, plus unfavourable reserve re-estimates
Allstate profits down 57% on investments in Q1
But P&L underwriting income jumps 92% on fewer drivers in pandemic
Whisper it quietly... many UK motor insurers are offering Covid-19 refunds
US motor insurers have caught the headlines with multi-million-dollar rebates to customers. Their UK counterparts seem to be in the slow lane, but under the bonnet they are taking action, as Ronan McCaughey explains
NC Farm Bureau to pay 20% Covid-19 dividend to motor policyholders
US mutual insurer says decision provides $22m in savings for drivers
Insurance Ireland to examine Covid-19 driver refund scheme
The insurance body has been under pressure from Irish politicians to 'do the right thing' by customers
Geico becomes latest US insurer to offer 15% auto premium cut
The firm joins others in providing Covid-19 relief for auto insurance consumers