Personal Lines
This Year’s Thanksgiving Weather Risks: Fires, Flooding, Record Cold, Gusty Winds
Fires and flooding on the West Coast, record cold and gusty winds on the East Coast. Brace yourself for Thanksgiving week, 2018. Northern California could get as much as 7 inches (18 centimeters) of ...
USAA Tops List Ranking Insurers’ Reputations
USAA Insurance has the highest and best overall reputation among insurers, according to a new report from the Reputation Institute. The insurer landed in the top spot based on criteria including ...
$9B to $13B in Insured Losses Estimated for Camp, Woolsey Calif. Fires: RMS
The Camp and Woolsey wildfires in California will likely cause between $9 billion and $13 billion in insured losses, catastrophe modeler RMS concludes in a new estimate. That breaks down to $7.5-$10 ...
China Advances Plan to Let Foreign Insurers Control Local Joint Ventures
China will accept applications early next year from foreign insurers seeking to take control of their local joint ventures and is even weighing giving them full ownership earlier than flagged, people ...
UK PM May, Facing Leadership Challenge, Warns Her Brexit Deal Remains Only Option
Theresa May said a challenge to her leadership would be a distraction from negotiating with the European Union, and that any new prime minister would face the same issues she does, as she urged ...
Nationwide Plans to Slash More Than 1,000 Jobs
Nationwide intends to eliminate the jobs of about 1,100 employees across the country _ around 3.6 percent of its workforce. The insurance and financial services company says about 80 workers in Des ...
California Wildfires Lowering Surface Temps, Blotting Out the Sun
The smoke from California's deadliest fire is so thick that it's blotting out the sun and lowering surface temperatures by as much as 10 degrees Fahrenheit (6 Celsius), according to the U.S. National ...
Swiss Re Backs Cover of U.S. Solar Power Output Risks
A tool designed as an insurance policy for solar-power generation will be used to manage the risk associated with U.S. residential systems for the first time as part of a financing agreement backing ...