Personal Lines
Latest California Wildfires Have Produced More Than $9B in Insurance Claims
Insurance claims from the recent spate of California wildfires, including one ranked as the most deadly and destructive in state history, have topped $9 billion and are expected to grow, the state ...
U.S., Britain Sign Post-Brexit Covered Agreement for Insurance
The U.S. Treasury and U.S. Trade Representative's office said on Tuesday they intended to sign a new bilateral insurance agreement with Britain that will provide insurance market regulatory certainty ...
Sweden’s Wildfires Just One Sign of Growing European Climate Disaster
Hannele Arvonen, the owner of one of Sweden's largest lumber yards, is spending the winter months planning for a new and unexpected threat to her business: regular wildfires raging just south of the ...
Stable Outlook for Private Passenger Auto in 2019: A.M. Best
Ratings analysts at A.M. Best said improved underwriting performance in the private passenger auto line of business, lower—albeit still elevated— catastrophe experience and favorable investment ...
State Farm Testing Blockchain Tech for Auto Claims-Related Subrogation
State Farm said it is testing a blockchain product for auto claims-related subrogation. Subrogation is typically the last part of an insurance claims process, where one insurance company recovers ...
Insuring Collectibles: Tales About the Super Rich, Whisky Insurance, and More
With prices of rare whisky soaring into the six and seven digits, ensuring that precious spirit is protected is not only recommended but essential, says Ron Fiamma, head of global collections at ...
PURE Unveils Revamped Jewelry Insurance, With Eye on Eventual National Rollout
The PURE Group of Insurance Companies has restructured its jewelry insurance to include more protection for losses related to theft and disappearance on its homeowners policy. The additional coverage ...
Senior Democrat Urges Tougher U.S. Response to Cyber Attacks
A senior Democratic senator warned Friday that the U.S. is failing to defend against continuing cyber attacks by China, Russia and other countries, urging the Trump administration to show resolve to ...