Personal Lines
Global Insurance Premium Grows at Healthy Clip Despite Trade Slowdown: Swiss Re
Despite a challenging business environment and global trade slowdown in 2015, global direct premiums written grew by 3.8 percent in real terms, up from 3.5 percent in 2014, according to Swiss Re's ...
Miami Predatory Lending Lawsuit Heads to U.S. Supreme Court
The U.S. Supreme Court on Tuesday agreed to decide whether Miami can pursue lawsuits accusing major banks of predatory mortgage lending to black and Hispanic home buyers resulting in loan defaults ...
VW’s $15B Diesel-Cheating Settlement Will Only Go Higher in Months Head
Volkswagen AG's $15.3 billion agreement to get a half million emissions-cheating diesel vehicles off U.S. roads sets an auto-industry record that will only go higher as criminal probes and lawsuits ...
U.S. Carriers Must Adapt to Creeping Demographic Changes: Conning
Future customers for U.S. personal lines insurers are shaping up to be starkly different, demographically speaking, than they have been previously, Conning asserts in a new report. With this in mind, ...
Munich Re, Hartford Steam Boiler and CNA Launch New Products
There's a new app out from Munich Re's U.S. arm that helps homeowners make their home more resilient to severe weather events. The reinsurer's Hartford Steam Boiler recently launched personal lines ...
Executives On The Move at XL Catlin, Starr Companies, JLT Re and More
XL Catlin tapped a former AIG executive to lead its new division focused on global mergers and acquisitions. Starr Companies hired a new person to lead its Financial Lines arm. JLT Re named a Guy ...
AIR Worldwide Introduces Earthquake Model for India
Catastrophe risk modeler AIR Worldwide, a Verisk Analytics business, has released a new earthquake model for India that estimates losses to residential, commercial and small industrial buildings as ...
National General to Pay $165M for Regional Auto Insurer Direct General
National General Holdings Corp. will pay $165 million for a Tennessee-based property/casualty insurer focused on nonstandard auto business. The New York City-based specialty insurance holding company ...