Personal Lines
Chubb Returns Stolen Norman Rockwell Painting to Family 40 Years After Theft
Chubb has returned a stolen Norman Rockwell painting to the family of its original owners more than 40 years after its theft. Rockwell's "Boy Asleep with Hoe"—also known as "Lazy Bones" or "Taking ...
Insurers Risk Triggering Government Regulation Without Responsible Big Data Usage: Fitch
For insurers, the new world of big data and analytics is one that's relatively unregulated. With that in mind, executives would do well to use these technologies responsibly so they don't stimulate ...
The Hartford Exec Tooker Given Additional Responsibilities
The Hartford has given one of its major executives some additional responsibilities. Mo Tooker, hired as chief underwriting officer for P/C operations less than two years ago, is now also head of the ...
U.S. Personal Auto Rate Hikes Weren’t Enough to Halt Weakening Market: Fitch
U.S. personal auto underwriters increased premium rates "significantly" in 2016. But here's the thing: it wasn't enough. Loss trends are still outpacing rate changes. Also, the U.S. P/C industry ...
Global Insured Disaster Loss Events Climbed 43% in 2016: Swiss Re
Global insured losses from disaster events hit $54 billion in 2016, up 43 percent from the previous year, as countries around the world dealt with earthquakes, storms, floods, wildfires and other ...
Cyclone Debbie Causes Australia Mass Evacuations, Mine Closures, Catastrophe Declaration
A powerful cyclone tore into Australia's northeastern coast on Tuesday, forcing thousands of people to flee, shuttering coal to gold mines and prompting insurers to declare a catastrophe. Cyclone ...
Progressive Gives Google Home Customers Chance to Get Auto/Home Tips Through Their Voices
Progressive is getting into the voice-activated customer service game through a new deal with Google. The property/casualty insurance giant says it is now giving Google Home customers the opportunity ...
NICB Experiment: Using Highway Billboards to Combat and Reduce Auto Theft
You know those digital billboards along major highways? An insurance industry group is using ones along Albuquerque freeways as part of a public awareness campaign designed to reduce local automobile ...