Chad Hemenway
Insurance Journal
Contact Chad
Discover and connect with journalists and influencers around the world, save time on email research, monitor the news, and more.
| Recent: |
|
| Past: |
|
Recent articles by Chad:
Root Sues Former CMO Over At Least $9.4M in Unauthorized Payments
Root Inc., the parent company of Root Insurance, has followed up its investigation into almost $10 million of unauthorized payments with a lawsuit against → Read More
Allstate’s Plan to Return to Profit in Auto
Following a year of turbulence in its auto insurance business, Allstate Corp. outlined what CEO Tom Wilson called the company's number one priority: → Read More
General Motors Files to Trademark ‘GM Financial Insurance Company’ Name
General Motors has filed to trademark "GM Financial Insurance Company," according to a record found with the U.S. Patent and Trademark Office. The filing → Read More
Allstate Reports $310M Q4 Loss as Auto Claims Costs Motor Past Rate Hikes
As it had warned last month, Allstate Corp. reported a fourth quarter 2022 loss of $310 million as losses from auto insurance outpaced an increase in → Read More
AIG Fires Interim CFO Lyons
AIG late Monday terminated interim Chief Financial Officer Mark Lyons after he "violated his confidentiality/non-disclosure obligations," the company → Read More
W.R. Berkley: Waiting for Discipline in Property; Overall Marketplace ‘Splintered’
There is no one answer to the overall insurance industry's place within its cyclical path. Each product line needs to be looked at individually, according → Read More
Auto Insurance Shopping – and Switching – Increases
Drivers are not only shopping around for auto insurance more than ever, they are switching carriers. According to a quarterly report from J.D. Power, in → Read More
Q4 Net Income at Travelers Falls 39%
Travelers Cos. this morning reported fourth quarter net income of $819 million, a decrease of about 39% from $1.3 billion a year ago during the same time. → Read More
Allstate Readies Investors for Q4 Loss of Up to $335M
Allstate Corp. on Wednesday said it expects to end 2022 in the red with a net loss of between $285 million and $335 million for the fourth quarter, and a → Read More
Appeals Court Rules Insurers Not Obligated to Defend Distributor of Opioids
Westfield National Insurance Co. and Motorists Mutual Insurance Co. are not required by their insurance contracts to defend generic drug distributor Quest → Read More
Vista Equity Partners to Buy Duck Creek for $2.6B Cash
Insurance software provider Duck Creek Technologies said it has entered into an agreement to be bought by Vista Equity Partners in an all-cash deal of → Read More
Top 10 National Insurance Journal Stories of 2022
Auto insurers have had difficulties coming out of the pandemic – when streets were relatively unpopulated. The topic was the top national story published → Read More
Lawsuit Against State Farm Alleges Racial Discrimination in Claims Handling
State Farm's claims handling process is the subject of a new lawsuit alleging disparities between the insurer's treatment of claims from Black → Read More
Lawsuit Against State Farm Alleges Racial Discrimination in Claims Handling
State Farm's claims handling process is the subject of a new lawsuit alleging disparities between the insurer's treatment of claims from Black → Read More
State Farm Still Dealing With Return of its Workforce: CEO Tipsord
State Farm CEO Michael Tipsord said the nation's top property/casualty insurer will likely never be the same following the pandemic – and that may be a → Read More
Many Insurtechs Exit the Marketplace, and Other 2023 Predictions From Forrester
More than a quarter of insurtechs will leave the insurance marketplace in 2023 – just a couple years after investments in the space were at an all-time → Read More
U.S. E&S Premiums Continue Growth in 2022: S&P
According to an analysis by S&P Global Market Intelligence, the U.S. excess and surplus market continued to grow in 2022, surging $37.6 billion in → Read More
NAIC Adds ‘Deep Concerns’ to FIO Bid to Collect Climate Change Data From Insurers
In a letter to the Treasury's Federal Insurance Office, the National Association of Insurance Commissioners expressed its "deep concern" over a proposal → Read More
Insurers Say ‘Bazooka’ of Bogus Boys Scouts Claims is Abuse of Bankruptcy System
A group of insurers – including subsidiaries of AIG, Liberty Mutual, Allianz, Sompo International, and Travelers – are challenging an approval of the Boy → Read More
Insurers Say ‘Bazooka’ of Bogus Boys Scouts Claims is Abuse of Bankruptcy System
A group of insurers – including subsidiaries of AIG, Liberty Mutual, Allianz, Sompo International, and Travelers – are challenging an approval of the Boy → Read More