Personal Lines
The Latest Launches From RMS, Liberty Mutual and JLT Re
RMS debuted the newest iteration of its signature catastrophe risk management software. Liberty Mutual's National Insurance Property unit increased its per-risk capacity to help property owners and ...
U.S. Regulator Downplays Immediate Need to Regulate Self-Driving Cars
It's premature to regulate the self-driving vehicles being tested by companies such as General Motors Co. and Waymo LLC, the U.S. government's top auto safety official said. "At this point the ...
To Build a Blockchain, Keep Expectations Measured and ‘Park Your Ego’ at the Door
Insurers hesitating about blockchain investments should definitely get into the game, but keep their expectations reasonable and measured, according to a recent panel of experts who spoke at the ...
Trump Tax Cuts, Lower Cat Losses Helped Make Q1 U.S. P/C Results Soar
Tax reform and lower catastrophe losses helped make all the difference for private U.S. property/casualty insurers in the 2018 first quarter. Their net income after taxes surpassed $17 billion during ...
Executives On The Move at Chubb and GEICO
Chubb promoted one of its executives to lead its European Personal Risk Services division. GEICO named an executive to a vice presidential role handling recruitment, hiring and training of new ...
The Sale of Hacked Credit Card Info on the Web Is Surging
The number of hacked U.S. credit cards whose information was offered for sale to other criminals on the Dark Web jumped by about two-thirds in the first half of this year, according to a ...
Security of Self-Driving Vehicles High on U.S. Regulators’ Minds
In closed-door meetings last March, U.S. transportation regulators and others grappled with questions about whether police should have the power to disable self-driving cars and whether an automatic ...
UK Insurers, Banks Must Be Transparent About Data Collection or Face New Rules: UK Regulator
Britain's banks and insurers must take the lead in spelling out how they will use data collected from customers or they could face new rules, Financial Conduct Authority Chair Charles Randell said on ...