Personal Lines
The Latest Launches From Chubb, Ironshore and More
Chubb expanded its Global Cyber Facility with endorsements for property and casualty. Ironshore Specialty Casualty formed a dedicated Oil & Gas Facility. The International Drone Racing ...
Kemper CEO Says 2016 Results Reflect ‘Substantial Progress’
Catastrophe losses and higher personal auto expenses led, in part, to a sizable drop in net income for Kemper Corp. in 2016. In Q4, the insurer saw those numbers improve compared to the previous ...
Summer Weather Predictions Toughen With La Niña’s Demise
With the end of a Pacific La Nina and no clear signal of where ocean temperatures are heading, predicting spring and summer weather that will impact agriculture and energy markets just got a little ...
Willis Re Tallies $39.5B in Natural Catastrophe Insured Losses for 2016
Insured loss estimates from major natural catastrophes totaled $39.5 billion during 2016, which is the highest level since 2012 when market losses totaled $60 billion, according to a report published ...
Allstate, GEICO Execs Assume Chair Slots at Two P/C Insurance Research Institutes
Two executives – from Allstate and GEICO – have been named chairman of separate institutes focused on P/C insurance industry-related data. Floyd Yager senior vice president, property product ...
Trends in Smart Homes: What’s Next?
The smart home industry is beginning to take hold, and safety and security are going to play a key role. Consumers will be spending $130 billion annually on smart home systems by 2020, according to ...
InsurTech Startup Hippo and Elafris Partner on Virtual Agent Chatbot
InsurTech startup Hippo, an online provider of home insurance founded in 2015, and Elafris Inc., the developer of an artificial intelligence messaging platform specifically tailored for the banking ...
January Severe Weather in U.S. Cost Insurers More than $1B: Aon
Major weather and flood events in the U.S. during January will cost the insurance industry more than $1 billion as tornadoes hit a 17-year high, according a report published by Impact Forecasting, ...