Among Canadians who have driven under the influence of marijuana, 44% dont think it impacts their ability to drive safely, according to a report by State Farm.

Progressive Corp., the fourth-largest U.S. auto insurer, said Glenn Renwick is stepping down as CEO after more than 15 years in that role.

Insurance giant's Doug Steenland says keeping both businesses is the "right long-term position."

Intact Financial Corp. said it will post insured losses of as much as $850 million from the wildfires in Alberta, which may dent the Canadian economy harder than Hurricane Katrina hit the U.S.

Travelers Cos. said first-quarter profit slipped 17% as catastrophe costs climbed and investment income dropped on lower hedge fund returns.

TigerRisk Partners hired Philipp Kusche from Swiss Re AG as the reinsurance broker seeks to put together more deals involving Wall Street investors who are looking to make bets tied to natural disasters.

The National Insurance Crime Bureau says California remains the leader in bike thefts, with crimes rising 14%.

Judy Greffin, former CIO of Allstate, had her bonus cut in half before announcing her retirement from the largest publicly traded U.S. home and auto insurer.