Personal Lines
Executives On The Move at PURE and CNA
The PURE Group of Insurance Companies promoted two executives to lead its claims and risk management divisions. CNA appointed a former AIG executive to the newly created position of senior vice ...
Even With Few May Tornadoes, U.S. Storms Still Packed a Punch: Impact Forecasting
Fewer than 450 tornadoes were reported in the U.S. this year as of June 1 — an historic low going back to 1950 — but a handful of severe weather outbreaks still caused problems in May, according ...
Calif. Utility Risks Criminal Charges for Devastating Wildfires
Late Friday, California confirmed what many across the state's devastated wine country had suspected for months: Equipment owned by utility giant PG&E Corp. ignited some of the deadliest and most ...
10 Ways Insurers Make Significant Economic and Social Impacts: I.I.I.
Insurers, more than just protecting against financial loss, are key ingredients for economic growth and community preservation, the Insurance Information Institute argues in a new white paper. ...
Cyber Insurance Premium Growth Will Soon Outpace All Other Sectors
Cyber insurance premium growth will outpace all other sectors within three years, according to a division of Aon plc. Aon Inpoint, Aon's data, analytics, engagement and consulting team, found that ...
New York, Boston Experience Record Days With Coastal Flooding, Due to Storm-Fueled Tides
New York and Boston experienced a record number of days with coastal flooding in the last year as waters surged time and again more than 1 foot (31 centimeters) above normal high tide levels. New ...
Amazon’s Rumored Interest in Home Insurance Put Into Perspective
As the largest U.S. insurers gathered at the Marriott Marquis hotel in Times Square to discuss the prospects for their industry, a threat to that future emerged from the nation's other coast. ...
Disaster Response Elicits Far Greater Spending Than Risk Reduction: Zurich Insurance
In the wake of last year's unusually harsh catastrophe events, insurers' clients are playing catch-up with their disaster risk management strategies, Zurich Insurance concluded in a new report. ...