Personal Lines
III CEO Kevelighan: The Institutes Affilliation Brings Group Into 21st Century
Affiliating with The Institutes provides an opportunity for the industry's Insurance Information Institute (III) to become more of a 21st Century trade association, rather than one suited for the ...
Fed Edges Closer to Joining Global Peers in Climate Change Risk Reduction Efforts
The Federal Reserve is moving closer to joining an international group of central bankers working to understand and reduce climate change risk, paving the way for the world's most influential central ...
Watson’s Fairfax to Sell Vault; A.M. Best Issues Ratings Downgrade
Vault Insurance – a high-net-worth insurer majority-owned by Fairfax Financial's Allied World – will be sold, a decision that has led to an initial A.M. Best ratings downgrade. A.M. Best knocked ...
Nearly 1 in 5 Car Crashes Caused by Phone Distractions: Study
Despite education programs and state laws, phone-based driving distraction is still on the rise—and is likely responsible for far more accidents than widely reported, says a new study from ...
The Latest Launches From Conning, Berkshire Hathaway GUARD and Openly
Conning launched a new service designed to help institutional investors assess climate change risks for their portfolios. Berkshire Hathaway Insurance Companies added Indiana, Kansas, Kentucky, ...
AIG Promotes Two Execs in Communications/Government Affairs
American International Group made two promotions affecting its communications and government affairs functions. The insurer said that Lucy Fato would take on the newly-created position of Global Head ...
Generali’s Profit Surpasses Expectations; Dividend Payout Delayed
Italy's top insurer Generali said on Thursday it would delay the payment of the second tranche of 2019 dividends to next year to comply with regulatory demands, after reporting nine-month operating ...
Life Insurance Next for Lemonade: Auto on the Horizon
Lemonade plans to start selling term life insurance in the next 90 days, adding to its current rental, homeowners and pet insurance offerings, the company said in an earnings report released late ...