Personal Lines
U.S. Flood Threats Generally Growing in North, Declining in South
The risk of flooding in the United States is changing regionally, and the reasons could be shifting rainfall patterns and the amount of water in the ground. In a new study, Recent Trends in U.S. ...
New Year Will Unleash a Deep Freeze Upon Much of the World
A deep freeze is about to descend on North America, Europe and Asia thanks to record high temperatures across the Arctic. How's that? "Think of it like a seesaw," said Matt Rogers, president of ...
A Minority of Insurers Expect Higher 2017 IT Spending
A minority of insurers expect higher 2017 spending in their information technology budgets. Just 37 percent say that they expect an increase in their IT spending. That compares to 45 percent of ...
Climate Change Likely to Drive Stronger, Smaller U.S. Storms
The effects of climate change will likely cause smaller but stronger storms in the United States, according to a new framework for modeling storm behavior developed at the University of Chicago and ...
Nationwide: Housing Downturn Risk Is Low for 2017
A new Nationwide study found low risk for a U.S. housing downturn in 2017, thanks to solid job growth, falling delinquency rates and improving demographics. But a deeper dive shows that markets east ...
P2P Startup Lemonade Seeks 46-State Expansion
Lemonade is eyeing a national expansion after filing for a license to operate in 46 states and the District of Columbia. The peer-to-peer insurance startup focused on renters and homeowners insurance ...
Healthy Growth in U.S. Personal Auto Premiums Faces Future Risk: A.M. Best
The U.S. personal auto insurance industry saw net premiums written grow 5.1 percent in 2015 — a rate of growth that may not be repeated as rising loss ratios weaken both underwriting and operating ...
Donegal Mutual and Mountain States Announce Strategic Affiliation
Donegal Mutual Insurance Co. and Mountain States Mutual Casualty Co. have announced plans for a strategic affiliation. Subject to regulator and policyholder approval, Mountain States will merge into ...