Personal Lines
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 ...
Cyber Breach Costs Aren’t Significant Enough to Spur Big Security Investment in Computer Security
The cost of a typical cyber breach to an American company is much less than has been generally estimated, providing one possible explanation for why companies do not invest more to improve computer ...
Britain’s Financial Sector Optimism Plunges in Wake of Brexit Vote
Optimism about the outlook for Britain's financial services sector is at its lowest point since the financial crisis, a survey of finance firms showed on Monday. The latest survey of 115 financial ...
Small Commercial Market Outpaces Personal Lines Growth For U.S. Mutual Insurers
For U.S. property/casualty mutual insurers, growth in the small commercial market is outpacing personal lines growth, a trend driven by carriers' desire to remain competitive, A.M. Best said in a new ...