Personal Lines
Financial Analysis: Why Regional Writer ROEs Lag Nationals
A comparison of the returns on equity of national and regional writers of property/casualty insurance produces a result that may not seem terribly intriguing: National writers win, hands down. But ...
Many Pressures Will Spur More Insurance M&A Deals in 2017: Conning
Insurance industry M&A activity should swell through the rest of 2017 in all areas, with multiple factors driving the trend Conning said in a new report. "The property/casualty sector should ...
A ‘Textalyzer’ May be One Possible Way to Fight Distracted Driving
Ben Lieberman just wanted to find out what may have caused the head-on collision that killed his 19-year-old son, Evan, on a highway north of New York City. It took a lawsuit and six months in court ...
Autonomous Vehicles Will Provide Significant Short-Term Gains for U.S. Auto Insurers
U.S. property/casualty insurance carriers could see significant short-term financial gains from insuring autonomous vehicles before likely long-term personal auto premium declines after the ...
Travelers Is Training Dozens of Its Claims Professionals to Operate Drones
Travelers' Claim University, founded in 2007, is working to change the way its claims professionals do business through the use of drones to assist in property inspection and claims analysis. The ...
Artificial Intelligence Is Helping Zurich Insurance With Personal Injury Claims
Zurich Insurance is deploying artificial intelligence in deciding personal injury claims after trials cut the processing time from an hour to just seconds, its chairman said. "We recently introduced ...
Allstate Discloses $235M in Pre-Tax Catastrophe Losses for April
The Allstate Corp. disclosed $235 million in pre-tax catastrophe losses for April. Broken down, the number encompasses 11 catastrophe events that cost the insurer $229 million pre-tax, plus ...
Memorial Day Travel Will Be at Highest Level Since 2005: AAA
An estimated 39.3 million Americans will travel 50 miles or more away from home this Memorial Day weekend—the holiday's highest travel volume since 2005, according to AAA. The majority of travelers ...