Personal Lines
A.M. Best: ‘Benefits to Be Gained’ From Flood Insurance Market Expansion
The U.S. Senate is gearing up to consider a bill that would revamp and expand the U.S. flood insurance market, and its passage appears likely. A.M. Best said this will be a very good development for ...
BofA Scores During Appeal in $1.2B Mortgage Loan Fraud Case
Bank of America Corp.'s Countrywide Financial unit was exonerated of allegations that it sold defective residential mortgage loans to Fannie Mae and Freddie Mac with an appeals court throwing out a ...
Chubb to Provide High-Net-Worth Personal Insurance Customers With Customizable Protection
Chubb has announced a partnership to provide specialized home protection services to high-net-worth personal insurance customers in the United States. The insurer is teaming up with ADT Security ...
La Niña May Be Coming, Along With Higher Atlantic Hurricane Risks
Think of it as Mother Nature's roller-coaster ride: the shift between the weather patterns known as El Nino and La Nina that, at their worst, can cause havoc worldwide. El Nino—spurred on by a ...
The Latest Launches from XL Catlin, Guy Carpenter and Assurant
Guy Carpenter & Co. and a partner are coming up with a new cyber aggregation model. XL Catlin beefed up its professional liability coverage for small U.S. architectural and engineering firms. ...
Many Auto Insurance Websites Disappoint Consumers: J.D. Power
Auto Insurance executives may want to take a second look at their consumer websites. While overall customers are more satisfied with their experience shopping online for auto insurance, they are less ...
Practical Tips for Disrupting Insurance Distribution
Creating anything less than an online agency directly offering bindable insurance rates from a limited selection of carriers won't cut it for technology companies trying to disrupt insurance ...
Liberty Mutual Launches $150M VC Fund Targeting Innovative Technology
Liberty Mutual formed a new venture capital arm devoted to investments in innovative technology useful to the insurance industry. Liberty Mutual Global Consumer Markets, Liberty Mutual's personal ...