Personal Lines
PCI Backs NAIC Flood Insurance Reform Agenda
Property/casualty insurers are throwing their weight behind NAIC proposals that includes long-term reauthorization of the National Flood Insurance Program and also an expanded private market that ...
Many VW Keyless Systems Appear Vulnerable to Hacking
Tens of millions of vehicles sold by Volkswagen AG over the past 20 years, and some current models, are vulnerable to theft because keyless entry systems can be hacked using cheap technical devices, ...
Liberty Mutual Boosts Ownership Stake in India Joint Venture
Liberty Mutual Insurance Group is increasing its share of an India joint venture to 49 percent. The move takes advantage of growth potential in a key emerging market, as well as new regulations in ...
GEICO to Add 600 Jobs in Western New York Expansion Plan
GEICO announced that it is expanding its regional operations in Western New York with an additional facility in Getzville. The Berkshire Hathaway-owned insurer said it expects to add more than 600 ...
Insurance Groups and Others Urge China to Revise Draft Cyber Rules
In a letter addressed to Chinese Premier Li Keqiang, 46 global business groups spanning finance, information technology, insurance and manufacturing urged Beijing to revise its draft cyber rules, ...
AIG Targets Wealthy Canadian Clients With Home Construction Risk Reduction Program
AIG launched a new risk-reduction service for wealthy clients in Canada whose high-priced homes are under construction. The mega-property-casualty insurer said that its AIG Insurance Company of ...
Pacific Gas & Electric Found Guilty of Federal Charges in CA Pipeline Blast
Pacific Gas & Electric Co was found guilty on Tuesday of several federal charges stemming from a natural gas pipeline explosion in California that killed eight people and injured 58 others in ...
Ultra-High-Value Clients Require Customized Coverage, Enhanced Service
Carriers pursuing ultra-high-value clients must be willing to enhance customer service and customize workflows to fulfill the unique needs of this complex segment, according to a new brief from ...