Personal Lines
GEICO’s New Virtual Assistant, Plus the Latest Launches From Liberty Mutual and Kinsale
"Kate," a new virtual assistant, debuts for GEICO auto insurance customers. Liberty Mutual is expanding its telematics and other safe driver offerings. Kinsale has started offering new school board ...
Google Shows Off Improved Self-Driving System in Chrysler Vehicle
Google unveiled its latest self-driving system in a Chrysler Pacifica minivan during a Sunday preview ahead of the Detroit auto show, saying the technology is more reliable and affordable. The ...
PURE Rolls Out E&S Homeowners Policy for High-Net-Worth Families
The PURE Group of Insurance Companies is debuting an excess and surplus lines homeowners policy for high-net-worth families. PURE said the new cover, under the name PURE Program, will be targeted to ...
Arch Capital Acquisition Draws Downgrades From Moody’s and Fitch
Arch Capital Group's recently concluded $3.4 billion purchase of American International Group's mortgage guaranty unit spurred both cautious and negative reactions from Moody's Investors Service and ...
Active Atlantic Hurricane Periods Don’t Necessarily Point to More U.S. Landfalls
Active Atlantic hurricane periods, like the one now, are not necessarily a harbinger of more rapidly intensifying hurricanes along the U.S. coast, according to new research performed at the ...
Allstate Discloses Newly Acquired SquareTrade Unit Had 5 Years of Losses
Allstate Corp. said that the mobile-device insurer that it acquired for $1.4 billion had posted five years of losses before the deal. SquareTrade Holding Co.'s annual loss narrowed to $26.5 million ...
2016 Global Natural Catastrophe Losses Hit a 4-Year High: Munich Re
Global natural catastrophe losses reached their highest level in four years in 2016, with a big chunk coming from North American storms and other weather events, Munich Re said in its annual ...
P/C Software Company Duck Creek Technologies Makes an Acquisition
Duck Creek Technologies, a tech outfit that provides cloud services and software for the property/casualty industry, has made an acquisition in a bid to broaden its product offerings. The Boston, ...