Personal Lines
Wi-Fi Vulnerable to Hacking Due to Newly-Discovered System Flaw
Cyber security watchdogs and researchers are issuing warnings over risks associated with a widely used system for securing Wi-Fi communications after the discovery of a flaw that could allow hackers ...
Ireland Confronts Aftermath of Ophelia, Its Worst Storm in 50-Plus Years
Irish authorities will begin to clean up and count the cost of the worst storm to hit the country in more than 50 years, after Ophelia left a trail of destruction in its wake. At least three people ...
Startup Lemonade Adds Firearms Coverage Restrictions, Citing ‘Social Good’
Online home and rental insurer Lemonade has said it is limiting its coverage for gun owners as part of its commitment to "make insurance into a social good." Citing the recent Las Vegas mass ...
The Latest Launches From Swiss Re, Root, Hudson Insurance and More
A commercial auto insurance startup has a new strategic partnership with Munich Re's Digital Partners. Swiss Re's Corporate Solutions business started selling a multi-coverage management liability ...
Hiscox Re Offers Private Label Flood Endorsement for U.S. Insurers
Bermuda-based reinsurer Hiscox Re, along with insurance linked securities investors (ILS), has launched a flood insurance product for personal lines insurers to sell in the U.S. The turnkey flood ...
Q3 Catastrophe Losses Will Lead to Rate Hikes by London Market Insurers: Fitch
Catastrophe losses from the recent U.S. hurricanes and Mexican earthquakes will lead to price rises on London market insurers' loss-affected lines and could also affect wider market pricing trends, ...
Tesla, Liberty Mutual Partner on Electric Car Insurance for U.S.
Tesla Inc. is partnering with Liberty Mutual Insurance Co. to offer an auto insurance plan designed specifically for its electric cars in the U.S. The plan made available to U.S. customers starting ...
NFIP Could Go Broke Week After Next, Warns FEMA
The National Flood Insurance Program, struggling with the costs of this year's record hurricane season, will run out of money as early as Oct. 23 unless Congress takes action. The Federal Emergency ...