Personal Lines
Wildfire Fallout: Everest Re Estimates $100M Q1 2018 Catastrophe Loss
Everest Re Group disclosed it will be dealing with $100 million in estimated catastrophe losses for its 2018 first quarter. California wildfires and related events are to blame. The Bermuda-based ...
USAA Top Among Insurers in Ranking of ‘Best Customer Experience’
USAA tops all other insurers in terms of delivering the best customer experience, according to the 2018 Temkin Experience Ratings. "Once again, USAA has set the standard for delivering excellent ...
The Latest Launches From XL Catlin, Hub International and Assurant
XL Catlin added a layer of builder's risk insurance known as Course of Construction to its Platinum Property insurance program. Hub International Ltd. debuted a new umbrella/excess risk purchasing ...
The Trouble With Algorithms Behind Driverless Cars, Insurance and More: Viewpoint
Self-driving cars keep killing people. Just in the past few weeks, one crashed into a highway barrier and another ran over a pedestrian. This will inevitably lead to much hand-wringing about the ...
Global Natural Catastrophe Insured Losses Hit Record $144B in 2017: Swiss Re
Global insured losses from natural catastrophes were $144 billion in 2017—the highest-ever recorded in a single year, according to the latest sigma study from the Swiss Re Institute. The biggest ...
The Latest Launches From BHSI, The Hartford and AIR Worldwide/RenRe
The Hartford's new cyber liability product is designed to help businesses protect against cyber attacks in order to limit the damage to their bottom lines and reputation. Berkshire Hathaway Specialty ...
Carriers Struck With Nearly $700M in Dog Bite Claims for 2017
Dog bites and other dog-related injuries accounted for more than one-third of all homeowners liability claim dollars paid out in 2017, costing almost $700 million. That's according to the Insurance ...
Can InsurTechs Compete With Carriers and Agencies on Main Street?
As an industry, insurance has always been a technology pioneer of sorts—so it comes as no surprise that in these halcyon days of digital commerce, more than 700 new insurance technology vendors, ...