Personal Lines
New Hurricane Season Begins as Houston Continues Rebuilding From the Last One
In an empty lot where Vincent Shields' Houston home once stood, he points out properties whose owners were driven out after Hurricane Harvey inundated the region last summer. "On this street there's ...
Alberto Wasn’t Necessarily the Harbinger of a Rough Hurricane Season
Subtropical Storm Alberto kicked off the Atlantic hurricane season a week early, but don't take that as a harbinger of terrible weather. In fact, cooler ocean temperatures are already spurring ...
Uber, Waymo Exploring Self-Driving Tech Partnership
Uber Technologies Inc is talking with Alphabet Inc's autonomous driving unit Waymo about using its technology on Uber's ride-hailing app, Uber Chief Executive Dara Khosrowshahi said on Wednesday, ...
The Latest Launches From Chubb and OneBeacon
Chubb is now offering new personal cyber protection coverage meant to go with one of its primary homeowners policies. A unit of OneBeacon Insurance Group rolled out coverage designed to tackle life ...
Allianz Invests in Africa Re, Continuing an Africa Expansion
Germany's Allianz Group will acquire an 8 percent stake in Africa's largest reinsurer, Africa Re, in a cash deal worth $81 million. The deal makes Allianz one of Africa Re's largest shareholders and ...
European Insurers Battling Regulation Avoid Pricy U.S. Treasuries
U.S. Treasuries need to get a lot cheaper to attract some European investors. Even with yields at multi-year highs, Treasuries are paying less than their pricier German peers when European insurers ...
Alberto, a Relative Letdown, Caused $50M in U.S. Insured Losses: Karen Clark & Co.
Subtropical Storm Alberto — the first named storm of the 2018 Hurricane Season — will likely cause close to $50 million in insured losses in the United States, according to catastrophe modeling ...
U.S. Forecasters Predict 2018 Atlantic Hurricane Season Could Be Above Normal
U.S. forecasters expect the 2018 Atlantic hurricane season will be near-normal to above-normal in number and intensity of storms, the National Oceanic and Atmospheric Administration's (NOAA) Climate ...