Personal Lines
Ex-Wells Fargo Official to Join AIG in Security Leadership Role; Three Nominated to Board
American International Group, Inc. hired a former Wells Fargo & Company executive and government security official in a leadership role, and separately nominated three new board members. Rich ...
Extreme Weather Makes Weather Trackers Valuable to Insurers, Banks, Commodity Traders
Every uptick in wind speed along the Gulf of Mexico shoreline is of enormous interest to Mike Eilts. The senior vice president for weather at DTN, a Minnesota-based analytics firm, knows that an ...
Leaving Your Work Silos in Place Can Contribute to Dishonest Company Culture
Executives might want to try harder to make sure their companies' various silos communicate and work better together with each other. That's because poor "cross-functional collaboration" can lead to ...
AIG Will Depart Individual Personal Lines Business in Canada
American International Group has decided to stop underwriting new policies in its individual personal insurance lines of business in Canada, namely auto and homeowners. "We continually review our ...
The Latest Launches From Chubb and Nationwide
Chubb has enhanced its global digital platform with an eye on better serving its multinational clients and brokers. Nationwide's digital insurance platform designed for small business clients has ...
China Pledges Broader Market Access for Insurers, Banks and Securities Firms
China will sharply expand market access for foreign banks and securities and insurance companies, especially in its financial services sector, Premier Li Keqiang said on Thursday, as senior U.S. ...
Ex-Allstate Exec Troy Named as CSAA Insurance Group’s Next CEO
A former Allstate executive has been named CSAA Insurance Group's next chief executive officer. Thomas Troy will become the California-based insurer's new CEO on April 8, 2019. He is succeeding Paula ...
Ransomware Demands Soar Along With Cyber Claim Costs: NAS Report
Cybercrime claims by policyholders outside the healthcare sector nearly doubled in 2018, led by financial fraud, often phishing schemes that lead to payments or wire transfers to criminals posing as ...