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Cincinnati Financial CEO: Personal Lines Are Growing Under Pressure
Executive Officer Steve Spray. "We have to underwrite and price" for catastrophes, he said, and pricing is still healthy. Outside of the United States, the war in Iran led to a net ...
Source: BestWire   Date: July 28, 2026
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Cincinnati Financial Appoints Successor to Retiring Chief Information Officer
Osborn to succeed John S. Kellington as chief information officer and executive vice president for its lead subsidiary, Cincinnati Insurance Co. Kellington will retire Aug. 7. ...
Source: BestWire   Date: June 17, 2026
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Cincinnati Financial CEO: Competition Returning to California Homeowners Market
Spray said at an earnings conference call April 27. New business in the state picked up in the first quarter of this year, but not enough to overcome the prior drop, said Spray: ...
Source: BestWire   Date: April 28, 2026
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Cincinnati Financial Posts First-Quarter Net Income $274M, Up From $90M Net Loss
Cincinnati Financial President and Chief Executive Officer Stephen M. Spray said in a statement. "As we continue to refine pricing segmentation and risk selection, we've lowered ...
Source: BestWire   Date: April 27, 2026
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AM Best Affirms Credit Ratings of Cincinnati Financial Corporation and Subsidiaries
...Term Issue Credit Ratings (Long-Term IR) of CFC. The outlook of these Credit Ratings (ratings) is stable. All companies except The Cincinnati Specialty Underwriters Insurance ...
Source: BestWire   Date: March 5, 2026
Cincinnati Financial CEO: LA Wildfires Offered New View of Risk on a 'Really Bad Day'
President and Chief Executive Officer Steve Spray. It has had moratoriums on new business in parts of California but continues working with the state, keeping lessons learned in ...
Source: BestWire   Date: February 10, 2026
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Cincinnati Financial Fourth-Quarter Net Income Rises 67% on Investment Gains
Investment income also increased. Consolidated earned premiums rose 10% to $2.59 billion. The property/casualty combined ratio worsened 0.5 points to 85.2. "While new business ...
Source: BestWire   Date: February 9, 2026
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Federal Court Dismisses COVID Business Interruption Lawsuit, Allows Plaintiffs to Refile
States District Court for the Middle District of North Carolina. The court said the plaintiffs failed to allege facts that made their claims plausible, but granted them 10 days to ...
Source: BestWire   Date: December 17, 2025
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Cincinnati Financial CEO: New Business Slows After Once in Lifetime Personal Lines Hard Market
Executive Officer Steve Spray. The company was able to take advantage of opportunities in that market, doubling personal lines net premium written in three-and-a-half years, said ...
Source: BestWire   Date: October 28, 2025
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Federal Court: Regulatory Actions Insufficient to Trigger Duty to Defend, Indemnify
Thompson Thrift Development Inc. bought a Peoria, Arizona, apartment complex, which was located next to a drycleaner. In 2022, testing found the property had high concentrations of ...
Source: BestWire   Date: September 29, 2025
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Cincinnati Financial CEO: California Personal Lines Premiums Down $13 Million Amid Recalibration
Spray said, and has gotten "lessons learned out of California." The company expanded high-net-worth personal lines widely in the second decade of the century. As industry insured ...
Source: BestWire   Date: July 29, 2025
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Cincinnati Financial CEO Taking 'More Conservative' Approach to California Business Post-Wildfires
Angeles and severe convective storms. Net personal lines catastrophe losses rose to $405 million compared to $50 million a year earlier. Post-wildfires, the company has taken a ...
Source: BestWire   Date: April 30, 2025
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Cincinnati Financial Posts First-Quarter Loss on Wildfire Losses, Spring Storms
Operating entities of Cincinnati Financial Corp. currently have a Best's Financial Strength Rating of A+ (Superior). Shares of Cincinnati Financial Corp. (NASDAQ: CINF) closed on ...
Source: BestWire   Date: April 28, 2025
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AM Best Affirms Credit Ratings of Cincinnati Financial Corporation and Subsidiaries
...Term Issue Credit Ratings (Long-Term IR) of CFC. The outlook of these Credit Ratings (ratings) is stable. All companies except The Cincinnati Specialty Underwriters Insurance ...
Source: BestWire   Date: February 13, 2025
Cincinnati Financial CEO: LA Fire Losses Could Reach $525 Million
California is a challenging market." He said Cincinnati Re's losses were within expectations and the reinsurer isn't altering its plans for 2025, adding the reinsurer was extremely ...
Source: BestWire   Date: February 11, 2025
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Cincinnati Financial Fourth-Quarter Net Income Drops by More Than Half to $405 Million
Global Underwriting Ltd. continue to perform as planned and were very profitable in 2024, remaining nimble and taking advantage of market opportunities as they arise," said Spray. ...
Source: BestWire   Date: February 10, 2025
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North Carolina High Court: COVID Closures Constitute Direct Physical Losses
Bars with no food service were closed out right. "The restaurants offered evidence that these mandated closures, use restrictions and corresponding declines in business income ...
Source: BestWire   Date: December 16, 2024
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Cincinnati Financial Expands Responsibilities of Three Leaders
Cincinnati Life Insurance Co. as the leader of commercial/life insurance business. He joined the carrier 27 years ago and has also managed company relationships with independent ...
Source: BestWire   Date: December 12, 2024
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Cincinnati Financial Returns to Profit in Third Quarter Despite Increase in Cat Losses
Cincinnati Financial President and Chief Executive Officer Stephen M. Spray said in a statement. The combined ratio was 97.4, compared with 94.4 a year earlier. In the second ...
Source: BestWire   Date: October 25, 2024
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Cincinnati Financial CEO Calls Personal Lines Change Generational
... Johnston remains executive chairman (BestWire, Jan. 26, 2024). Operating entities of Cincinnati Financial Corp. currently have a Best's Financial Strength Rating of A+ (Superior). ...
Source: BestWire   Date: July 26, 2024
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