Personal Lines
Insurance and Other Securities Under Pressure Remain Private Equity Targets: Apollo Exec
Private equity billionaire Joshua Harris thinks there are still plenty of undervalued companies to improve and profit from, especially away from the public markets. "Certainly, this is not a ...
Wildfire Victims in California Utility Bankruptcy Envision $24B Reorganization Plan
The committee for wildfire victims in the bankruptcy of PG&E Corp said in a court filing on Thursday it was prepared to present a $24 billion reorganization plan for the power provider. The ...
Progressive Appoints Bauer as Its New Chief Investment Officer
The Progressive Corporation promoted a veteran executive to serve as its new chief investment officer. Jonathan Bauer takes on his new role with the insurer on Jan. 3, 2020. Bauer replaces William ...
Tesla Model 3 Scores Top Safety Rating
Tesla Inc's Model 3 electric sedan has earned the top safety rating from the Insurance Institute of Highway Safety (IIHS), becoming the first Tesla to do so. The IIHS has given the Model 3 its ...
Fire and Hail Forcing Insurers to Rethink Climate Change Risks
By the time David Kaisel got back from selling his flour at a farmers' market, a wildfire in California's Capay Valley had burnt both his tractor and the shipping container where he kept some tools. ...
Executives On The Move at Octo Group, BHSI, QBE North America and Alliant
Telematics firm Octo Group appointed a new CEO. Berkshire Hathaway Specialty Insurance expanded its leadership team in France. QBE North America named a new head of Surety. Alliant hired a new ...
Selective Establishes Student Loan Repayment Program for Staff and Potential Hires
Selective Insurance Company has started offering a student loan repayment program to both employees and potential hires. The program is being handled through Selective Insurance Company of America, ...
U.S. Private Flood Insurance: The Journey to Build a New Market
Not long ago, private flood insurance was thought to be an impossible dream in the property/casualty sector. There were numerous arguments supporting the common wisdom that a meaningful market for ...