Underwriting
Seniors Driving With Their Dogs Get In More Auto Accidents: University Study
Senior drivers who always take a pet in the car are at increased risk for being involved in a motor vehicle collision, said University of Alabama at Birmingham (UAB) researchers. In a study published ...
Page from Original Titanic Insurance Policy Sells at Auction for $25K
The original ledger page of the insurance policy for the Titanic issued by the Atlantic Mutual Insurance Co. was sold at a New York auction for $25,000. The insurance policy, number 391550, was ...
Patent Claims Cause Firms to Drop Business Lines: Study
Patent demands are taking a big toll on technology companies, with results that range from forcing companies to tweak their products to exiting their business altogether, according to a study from ...
Text-Mining Analysis Links Drug-Impaired Driving To Higher Injury Rates
"On medication" may not be one of the check boxes on carrier claims forms, but by hunting for such a description in adjuster notes, auto insurers can improve their results, a consultant reports. ...
Liberty Mutual Sees Profit Fall in Q1
Boston-based Liberty Mutual reported Thursday its net income fell 30.7 percent to $318 million for its 2013 first quarter, compared to $459 million income reported during the prior year first ...AIG Reports P/C Underwriting Profit for Q1
American International Group Inc.'s property and casualty business booked its first underwriting profit in two and a half years during the first quarter, as the insurer wrote more premiums at higher ...E&S Premiums Up in 2012; SNL Ranks Top Carriers by Market Share
Excess and surplus lines premiums in the U.S. were up for a second consecutive year in 2012, rising 10.8 percent to $25.44 billion, and grew at a faster rate than in 2011, according to SNL Financial. ...
Crop Insurance Subsidies Should Be Reduced: Economist
U.S. farmers have collected a record $17 billion in crop insurance payments on drought-hit 2012 crops but the system could have spent half as much and still saved growers from ruinous losses, an ...