Personal Lines
China Opens Door to More Foreign Investment in Financial Sector
China opened up its financial sector to more foreign investment as the government said it will take targeted measures to cope with rising risks and challenges facing the industry. Foreign investors ...
Privacy Lawsuits Benefit Attorneys More than Consumers: Chamber Study
Statutes allowing plaintiff lawyers to enforce privacy laws through private rights of action are clogging courts and provide no real benefit to consumers, a report from the U.S. Chamber of Commerce's ...
E-Scooter Users Worry About Harm but Are Unaware of Coverage Needs: Survey
Carriers have a potentially huge business opportunity with users of e-scooters - motorized scooters popping up in medium- and large-sized cities in the U.S. and abroad. The reason: scooter users are ...
Calif. Misclassification Suit Continues Even as Insurers Win Appellate Victory
Insurers and service companies won a major victory this week against lawyers who were trying to bind a group of 1,550 California property appraisers together to sue Farmers Group and Allstate ...
AI Can Transform How Carriers Handle Car Crashes
Crashing your car is a traumatic experience enough in itself, so it is unfortunate for drivers that dealing with their insurance company after the accident can be a lengthy process that often adds ...
Hurricane Barry Produced Nearly $300M in Insured Losses: Karen Clark & Company
Hurricane Barry fizzled quickly into a tropical storm, but the weather event generated nearly $300 million in insured losses, according to the catastrophe modeling firm Karen Clark & Company. KCC ...
Insurers Will Drastically Boost Spending on Robotic Process Automation: Study
Insurers are expected to drastically boost their spending on robotic process automation over the next five years as they seek to spur revenue growth by cutting costs, according to a new study from ...
Executives On The Move at Willis Towers Watson and GEICO
Willis Towers Watson named a new head of Construction Broking in North America. GEICO has its latest president in charge of claims operations, after promoting from within. *** Willis Towers Watson ...