Personal Lines
Stock for UK’s Esure Soars on Possible $1.5B Bain Capital Offer
Britain's esure is in advanced talks over a possible 1.17 billion pound ($1.49 billion) bid from Bain Capital Private Equity, the insurance company said on Monday, sending its shares more than 30 ...
Calif. Energy Company CEO Blames Climate Change on $17B in Fire Damages
It was California's biggest fire yet. In late July and August, wildfires devastated an area north of San Francisco far bigger than New York City, destroying more than 100 homes and injuring 2 fire ...
Liberty Mutual’s Net Income Continues Rebound Momentum
Liberty Mutual Holding Company Inc.'s 2018 net income has rebounded in a big way over the previous year, thanks in part to fewer natural catastrophes and the sale of a division. Net income for Q2 and ...
Treasury Dept. Proposals Clear Up Trump Tax Cut Confusion For Brokers, Agents
The Treasury Department has moved to clear up some confusion in the Trump tax cut law by proposing that the full 20 percent deduction for pass-through businesses be made available to a broad spectrum ...
Forecasters Downgrade Number of Atlantic Storms Predicted for 2018
With four storms already in the books, the Atlantic is expected to produce a total of nine to 13 named storms during the six-month hurricane season that ends Nov. 30, the National Oceanic and ...
July’s Droughts, Fires Caused Billions of Dollars in Economic Damage: Impact Forecasting
For many of July's global natural disasters, it was all about drought and wildfires, according to the latest update from Aon's Impact Forecasting. What the report found: Many countries dealt with ...
IIHS Tests Highlight Risks Behind Semi-Autonomous Driving Systems
Cars and trucks with electronic driver assist systems may not see stopped vehicles and could even steer you into a crash if you're not paying attention, an insurance industry group warns. The ...
Hacking Programs Driven by Artificial Intelligence Feared as Next Big Cyber Problem
The nightmare scenario for computer security - artificial intelligence programs that can learn how to evade even the best defenses - may already have arrived. That warning from security researchers ...