Personal Lines
Hurricane Matthew Revving up Trouble for Carribbean Nations
Hurricane Matthew intensified en route to Haiti on Monday, bringing 140-mile-per-hour (220 kph) winds and torrential rain that could wreak havoc in Caribbean nations that had yet to evacuate ...
GEICO Loses Chance to Gain SCOTUS’s Ear for Overtime Appeal
The U.S. Supreme Court on Monday declined to hear GEICO General Insurance Co's appeal of a ruling that the No. 2 auto insurer in the United States must pay overtime wages to its claims investigators ...
Typhoon Meranti China Insured Losses Estimate Surpasses $1B: AIR Worldwide
Mainland China could be dealing with more than $1 billion in insured losses from damaged caused by Typhoon Meranti once final tallies are in, AIR Worldwide said. The catastrophe modeling firm ...
IT, Big Data Experts Among 1,300 Employees Progressive Will Add by Year-End
The Progressive Group of Insurance Companies said it plans to hire more than 1,300 people by the end of 2016, focusing in part on beefing up its IT and big data capabilities. Information technology ...
Harford Mutual CEO Named New NAMIC Chairman
The new chairman of the National Association of Mutual Insurance Companies is Steve Linkous, president and CEO of Bel Air, Maryland-based Harford Mutual Insurance Companies. In his address at the ...
PCI Urges Support for Earthquake Mitigation Incentive Act
The Property Casualty Insurers Association of America (PCI) is urging support for H.R. 5610, The Earthquake Mitigation Tax Incentive Act of 2016. In a statement released Tuesday, Nat Wienecke, senior ...
Insurers Optimistic About Latest Round of Covered Agreement Talks
Insurers say they are encouraged by the most recent developments in the covered insurance/reinsurance agreement negotiations between the United States and European Commission. Following the latest ...
Takata, Automakers Explore Ways to Both Share and Limit Air Bag Liability
Takata Corp. and some of the world's biggest carmakers face an extensive -- and expensive -- to-do list as they try to resolve the worst safety crisis in the auto industry's history. Executives for ...