Personal Lines
Insurers Are Increasing Their Investment Risks, EU Regulator Survey Shows
Insurance companies in search of yield have increased their exposure to bonds with lower credit ratings and to less liquid securities like non-listed equities and loans, according to a survey by ...
Telematics-Driven Auto Insurance Still Has Untapped Audience: Survey
Behavior-based auto insurance—where carriers rely on telematics to gather driving data that shapes a customer's rates—appears to have a largely untapped audience. A new driver survey sponsored by ...
European Insurers Surpass U.S. Rivals in Coal Investment Exits: Campaign Group
Insurers have pulled $20 billion out of coal investments, but most are European and none of the top nine U.S. insurers has taken "meaningful action," campaign group Unfriend Coal said on Wednesday. ...
Travelers Plans to Stick to Current ‘Prudent’ Cyber Insurance Growth Rate
Travelers Cos Inc plans to stick to its recent growth pace for sales of cyber insurance, which protects businesses against hacking and other liabilities, despite potential to boost it, as the insurer ...
Calif. Wildfires Could Leave Behind $8B in Insured Losses: Aon Benfield
California's historic wildfires may lead to as much as $8 billion in insured losses. That's a record for insurers, according the October 2017 Global Catastrophe Recap from Aon Benfield's Impact ...
Climate Risks Leave Insurers Bracing for Perilous Future
After one of the worst Atlantic hurricane seasons in history, the world's biggest insurers say the industry needs to get its act together if it wants to survive climate change. Insuring against ...
Insurers Could Pay Up $1B-Plus for Las Vegas Massacre Costs
The deadliest mass shooting in modern U.S. history is adding to soaring costs for insurance companies, which are already taking a beating this year from an onslaught of hurricanes, earthquakes and ...
Lavey Will Run The Hanover’s Personal, Core Commercial Lines Business
The Hanover Insurance Group named a long-term veteran of the company to lead its personal and core commercial lines business. Richard Lavey, who will handle these responsibilities as president of ...