Personal Lines
Extreme Weather: Building Resilience for Rising Risks
The insurance industry has a responsibility to assume a "leadership role in creating and promoting resilience as the first line of defense" against natural disasters, an industry leader said ...
Most Insurers Plan to Add Employees or Maintain Current Staffing: Jacobson/Aon Study
Most insurance companies plan to either maintain current staffing or add new employees over the next 12 months, The Jacobson Group and Aon plc have found. At the same time, their new Semi-Annual U.S. ...
Executives On The Move at BHSI and Liberty Mutual
Berkshire Hathaway is bringing on a former Swiss Re executive in a leadership role. Liberty Mutual has a new senior vice president and treasurer.***
A former Swiss ...
Metromile Exploring Roads to Renters, Homeowners, Commercial Auto
Customers who have been buying personal auto insurance from Metromile may have the option of adding homeowners or renters to a coverage package in the not-too-distant future, the CEO revealed ...
How Pay-Per-Mile Insurance Is Evolving
As automakers race to develop and test autonomous vehicles for longer and more complex trips, insurers offering unique types of auto insurance coverage aren't worrying about disruption. Dan Preston, ...
AIG CEO Duperreault on P/C Insurance Turnaround: ‘This Inflection Point Was Critical to Achieve’
In a world of giant public companies with a global reach, $12 million may not seem like much. For American International Group, it's a very big deal. In the 2019 fourth quarter, AIG reported $12 ...
New InsurTech Financings: Software, SaaS Platform and Bicycle Insurance
Recent InsurTech funding announcements include a French company developing enterprise software products and services for credit and surety insurers; a Nevada-based SaaS-based digital insurance ...
Storm Ciara (AKA Sabine) Could Cause $2B in Insured Losses: RMS
Total insured property losses from storm Ciara, which was named Sabine in Germany, could be between 1.1 billion and 1.8 billion euros ($1.2 billion-$1.95 billion), catastrophe risk modeling firm RMS ...