Personal Lines
‘Manageable’ Losses Predicted From Hurricane Hermine
Hurricane Hermine, which is poised to land in Florida Friday, may result in "manageable" losses for the insurance industry, according to Keefe Bruyette & Woods analyst Meyer Shields. The storm is ...
Now Australia Is Suing Volkswagen Over Alleged Emissions Fraud
The Australian consumer watchdog on Thursday said it had sued the Australian arm of world No. 2 carmaker Volkswagen AG for intentionally selling more than 57,000 vehicles with software which lied ...
Did Your Hometown Make Allstate’s List of Safest-Driving Cities?
Americans are driving more miles and having more accidents, making safety a growing concern. With that in mind, Allstate ranked the safest-driving large cities in the U.S., with Brownsville, Texas, ...
Typhoon Lionrock Makes Landfall at Notorious Japanese Location
Typhoon Lionrock made landfall in Japan the evening of Aug. 30, carrying the intensity of a Category 1 hurricane. It hit the same area where a massive earthquake and tsunami in 2011 caused death and ...
AIG’s Restructuring Efforts Earn Ratings Affirmation From Fitch
AIG ongoing focus on restructuring and deleveraging got a vote of confidence from Fitch Ratings. Fitch affirmed the insurer financial strength ratings of American International Group's ...
New Drone Regs Leads to Pilot-Licensing Stampede
Thousands of would-be drone pilots are racing to get licensed under new U.S. regulations that have opened an aerial stampede. More than 3,300 have signed up to take the test on Monday, the first day ...
Homeowners Insurance Shines While Personal Auto Struggles: Fitch
While the U.S. personal auto insurance industry continues to be a sick patient, homeowners coverage is a significant bright spot, according to Fitch Ratings' latest report. Private passenger auto ...
Small, Specialty Insurer Hiring Plans Surpass Larger Peers: Labor Study
Small insurers are expecting to do most of the hiring in the industry, according to a new survey, which also highlights the high demand for niche specialty commercial lines underwriters and claims ...