Personal Lines
Wildfires in Greece Claim Dozens of Lives
Greek firefighters say that at least 74 people were killed in wildfires in the country's Attica region, which includes Athens, as a summer heatwave has increased the risk of blazes across Europe. The ...
Climate Change Starts to Globally Disrupt the Seasons Themselves
Poring over four decades of satellite data, climate scientists have concluded for the first time that humans are pushing seasonal temperatures out of balance—shifting what one researcher called the ...
Pay-Per-Mile Auto Insurer Metromile Pulls in $90M Financing Round
Metromile Inc., a pay-per-mile auto insurance provider, raised $90 million in new financing designed to further expand the use of its technology, which includes artificial intelligence for ...
Insurer Hedge Fund Investments Drop a Second Year; AIG a Big Driver of Trend
Insurers continue to reduce their investment in hedge funds in a big way, according to a new A.M. Best report. American International was one of the biggest drivers of the downward trend, with its ...
UK Motor Insurers Will Mutualize Claims for Terror Attacks Using Vehicles as Weapons
UK motor insurers have voted for the Motor Insurers Bureau (MIB) to handle and pay the claims from victims involved in a terrorist event where a vehicle is used to kill or injure. MIB is the UK's ...
Focused Recruitment, Mentoring Can Help Reduce Shortfall of Female Insurance Execs: White Paper
Women are now a large part of the insurance industry workforce in general, but they remain a sparse presence among board seats and top executives, according to a new industry group white paper that ...
Executives On The Move at AXIS and Zurich Insurance
AXIS Insurance promoted one of its executives to lead its business in Canada. Also in Canada, Zurich Insurance appointed a 25-year veteran of the travel insurance industry to lead its travel ...
Travelers CEO Schnitzer: Agents, Brokers Have a Place, Even With InsurTech Investments
Travelers Chairman and CEO Alan Schnitzer said that independent agents and brokers still have a place with the insurer even as it continues exploring InsurTech innovations for its operations. "Yes, ...