Personal Lines
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 ...
Universal Property & Casualty’s Direct-to-Consumer Homeowners Site Hits Three More States
Universal Direct, a direct-to-consumer online platform for Universal Property & Casualty Insurance Co. homeowners insurance, is now available in Florida, Hawaii and North Carolina. With these ...
Taiwan Hammered by Third Typhoon in Two Weeks
Typhoon Megi lashed Taiwan with wind and rain on Tuesday, bringing 20-foot-high waves and knocking pedestrians off their feet in Taipei. More than 280,000 households lost electricity, state-owned ...