Personal Lines
The Latest Launches from Willis Towers Watson and Beazley
Willis Towers Watson updated its Radar pricing software. Beazley expanded its event cancellation coverage for political violence and incidents of terrorism. *** Willis Towers Watson released a new ...
Chubb Takes Q2 Storm Hit; CEO Greenberg Slams Protectionism, Anti-Immigation Politics
Chubb Ltd. weathered claims from major storms in Texas and other U.S. states, Canadian wildfires and earthquakes in Japan and Ecuador in the second quarter to record solid operating results. ...
Progress Made Containing Massive California Wildfire
Containment has increased on a wildfire north of Los Angeles, which has grown to more than 58 square miles. Officials report the blaze is 25 percent surrounded as of today, and most of the evacuation ...
The Hartford Will Sell U.K. P/C Runoff Subsidiaries to Catalina
The Hartford has found a buyer for its U.K. property/casualty runoff subsidiaries, capping a process that began in 1993. Catalina Holdings UK Ltd. will buy the insurer's Downlands Liability ...
P/C Industry Profit Erosion Accelerating in 2016 as Multiple Factors Converge: S&P
Property/casualty insurers could be sliding into trouble in the second half of 2016. Blame a number of factors, including higher catastrophe losses, negative results in private passenger auto and ...
How U.S. Inland Flood Became a ‘Peak’ Peril
Flood is the most pervasive and frequent peril in the U.S. Yet, despite having the world's highest non-life premium volume and one of the highest insurance penetration rates, a significant protection ...
EU, Consumer Groups Pressure VW for Compensation
Europe's Commissioner for Justice is working with EU consumer groups to pressure Volkswagen to compensate clients in Europe as it has in the United States over the diesel emissions scandal. The ...
Why Asian-Americans Could Be Ideal Insurance Customers
For an industry known to flood households nationwide with blaring messages of money saving techniques, the insurance category certainly feels comfortable loosening its own purse strings. Ponying up a ...