Personal Lines
Trump Announces Plan to Withdraw From Climate Accord, Possibly Seek Better Deal
President Donald Trump announced the U.S. would withdraw from the Paris climate pact and that he will seek to renegotiate the international agreement in a way that treats American workers better. "So ...
P/C Insurers Can Handle U.S. 2017 Hurricane Season: Fitch Analysis
The 2017 U.S. hurricane season may be here, but property/casualty insurers should be able to handle the challenges it brings. Fitch Ratings said in a new report. "Fitch currently has a negative ...
Willis Towers Watson Partnering With Roost to Form Home Telematics Testing Consortium
Global insurance consultant Willis Towers Watson is partnering with technology firm Roost to establish a claims data sharing consortium to help insurers test the effectiveness of water and fire smart ...
Munich Re, Aviva Ventures Invest in UK Connected Home InsurTech Neos
Neos, a UK connected home insurer, announced last week that it has secured a £5 million (roughly $6.4 million) series A investment led by Aviva Ventures together with strategic partner Munich Re. ...
A Reassuring Message About the Transition to Driverless Cars
The advance of driverless cars and the prospect that they will disrupt property/casualty insurance and change the way autos are insured has created plenty of industry anxiety. Even before that point, ...
House National Flood Insurance Program Revamp Calls for 5-Year Renewal
A much-anticipated House subcommittee proposal on flood insurance promises to reauthorize the National Flood Insurance Program (NFIP) for five years beyond its September 30 expiration date. The ...
Allstate Boosting Its Sales Force in Washington, Oregon
Allstate Insurance Co. is boosting its sales force in Washington and Oregon to keep pace with growing consumer demand for insurance and financial products and services in those states. Allstate is ...
A Stormier-Than-Usual Atlantic Hurricane Season Is Possible as El Nino Odds Dissipate
The Atlantic hurricane season will likely churn out an above-average 11 to 17 named storms, in part due to fading odds than an El Nino will form in the Pacific. Of storms that emerge during the ...