Personal Lines
Focus on Operating Earnings, Buffett Says; Insurance Ops Add $6B
In the conglomerate's annual report published on Saturday, Berkshire Hathaway Chair Warren Buffett recommended that readers focus on operating earnings, reviewing a year in which insurance operations ...
Buffett Letter Confirms GEICO Nicely Retirement; Roberts New CEO
Warren Buffett used his annual letter to heap praise on Tony Nicely, the long-time chief executive officer of Berkshire Hathaway Inc.'s Geico insurance unit. The letter also offered some perhaps ...
Two Former Markel CATCo Execs Sue, Alleging Bogus Firing Reasons to Avoid Paying Bonuses
Two fired executives of Markel's Bermuda reinsurance operations are suing Markel, claiming the company created a false narrative alleging they violated corporate policy by having a personal ...
The Latest Launches From Hippo, Assurant and More
Hippo Insurance is linking with Neptune Flood to provide quick flood insurance as part of the home insurance buying process. Home telematics maker Roost partnered with a Montana-based insurer to ...
Word of Mouth Matters When Customers Buy Their Insurance: Facebook
For young and old property and auto insurance customers alike, word of mouth shapes their coverage purchases, according to a new Facebook survey. Where that word of mouth comes from can differ, ...
AXA IPO Costs, Natural Disasters Ding 2018 Net Profit
Net profits at AXA, Europe's second biggest insurer, fell sharply as a result of charges related to its U.S. unit's initial public offering (IPO) and a spate of natural disasters, although AXA hoped ...
Insurers Remain Wary of Exchange-Traded Funds, Despite Rule Change
Many insurance companies are steering clear of exchange-traded funds even after a high profile rule change designed to make them easier to own. Almost 40 percent of insurers aren't using ETFs more ...
How Migration Patterns and Millennials Will Impact Carriers in 2019
Looking back, 2018 will be seen as a turning point for the housing industry. Last year, we saw continued growth in remodeling and maintenance activity amid growing affordability challenges. ...