Personal Lines

Act 2 of the InsurTech Revolution Is on Its Way

The digital revolution in insurance is about to begin its second act. Having in its first phase used science and technology to inspire a rethinking of insurance that is making insurance easier and ...

Damage From Hurricane Michael Could Reach $4.5B in Florida Alone: Standard & Poor’s

Hurricane Michael is expected to inflict up to $4.5 billion in insured losses on coastal and inland Florida, according to a report from Standard & Poor's. But while the hurricane will be costly ...

AIG CEO Duperreault’s Validus Acquisition Could Heighten Carrier’s Storm Loss Exposures

American International Group Inc.'s Brian Duperreault spent his first year as chief executive officer on a rebuilding effort, and his biggest acquisition is the one that can magnify the insurance ...

As Hurricane Michael Hits, a Look Back at September’s Natural Catastrophes

September was a tough month for the United States in terms of tropical cyclones, and sites around the world faced tsunamis, typhoons and earthquakes. The United States dealt with two over the 30-day ...

Travelers, Amazon to Sell Smart Home Kits, Promote Insurance Info to Clients

The Travelers Companies Inc. is teaming up with Amazon to offer smart home kits and insurance/risk management information through a digital storefront: Amazon.com/Travelers. The property/casualty ...

Hurricane Michael: At Least 57,000 Coastal Florida Homes at Risk

About 57,000 Florida homes were at risk from a coastal storm surge as Hurricane Michael approached the United States on Tuesday, and a number of insurers face potential liabilities from the storm. ...

Britain’s Aviva Boots CEO, Plans to Appoint Successor Within Four Months

Aviva is replacing its chief executive Mark Wilson after his sweeping transformation of the British insurer did not deliver the returns shareholders were looking for. During his six years in charge, ...

Clearcover Email Marketing Account Hacked, Used to Send ‘Hateful and Obscene’ Emails

A Clearcover email marketing account was hacked early Monday, exposing an undetermined number of client email addresses to "hateful and obscene" messages, the data-driven auto InsurTech startup ...