Personal Lines
RMS: $77B of San Francisco Property at Risk From Sea-Level Rise by 2100
By the year 2100, up to $77 billion of property in San Francisco will be at risk from sea-level rise, according to an analysis from global catastrophe risk management firm RMS. The analysis found ...
Insurance, Reinsurance CEOs Join Global Push to Weave Insurance Concepts Into Disaster Planning
A group of insurance, reinsurance and global broking CEOs are assisting the work of the Insurance Development Forum (IDF), which was launched last month to help build resilience to climate risk and ...
New Allstate App Helps Customers Obtain Auto Repair, Maintenance Services
Allstate has teamed up with Openbay, an online marketplace for non-collision auto-repair and maintenance services, to allow consumers to obtain multiple price quotes and schedule auto repairs for ...
Takata Air Bag Part Recall Hits 14M in Expanded U.S. Effort; Disputes Remain
Japan's Takata Corp declared nearly 14 million air bag inflators defective as part of an expanded U.S. recall, but it said it considered the recall investigative, leaving the thorny question of ...
Slow 2015 Premium Growth Could Reflect ‘New Normal’ for U.S. P/C Insurers
For U.S. property/casualty insurers, net written premium still grew in 2015, but the rate of expansion is slowing, and the industry's collective combined ratio worsened slightly, according to a new ...
Self-Driving Cars Could Create Traffic Congestion Surge
Self-driving cars are expected to usher in a new era of mobility, safety and convenience. The problem, say transportation researchers, is that people will use them too much. Experts foresee robot ...
Hanover Picks Aetna Executive Zubretsky to Replace the Retiring Eppinger as CEO
The Hanover Insurance Group chose a veteran Aetna executive as its replacement for Frederick Eppinger, its longtime CEO, who announced last September that he planned to retire. Joseph Zubretsky will ...
National Commission on Cybersecurity Convenes in NYC on May 16
A national commission focused on developing ways to enhance national cybersecurity is set to meet on May 16 in New York City, and property casualty insurers are making sure they have a stake in the ...