Personal Lines
Fiat, Google Team Up on Self-Driving Minivan Fleet
Fiat Chrysler Automobiles NV and Alphabet Inc.'s Google plan to develop about 100 self-driving prototypes based on the carmaker's Pacifica minivan, the companies said Tuesday. The collaboration is ...
MAPFRE Promotes CEO Credited with Greatly Expanding U.S. Operations
MAPFRE S.A. made two big changes to its global executive roster, with one executive in particular gaining a greater role after successfully growing the insurer's U.S. operations. The Spanish ...
U.S. Insured Losses Hit $3.8B in Q1; Worst in a Decade: PCS/Verisk
Catastrophe activity in the U.S. led to $3.8 billion in insured losses in 29 states during the 2016 first quarter, with much of the damage hitting Texas. Those events were the worst in a decade in ...
Positive Online Claims Experiences Can Build Customer Loyalty
In the digital age, going online to shop, pay your bills, and do business is the norm. Internet usage and smartphone ownership have risen sharply in the last few years, especially in advanced ...
The Latest Launches From Chubb, Beazley and Willis Towers Watson
Beazley is rolling out new specialist medical professional liability coverage for small healthcare providers. Willis Towers Watson debuted a new plan option for companies that operate in and service ...
AIG, Burned by Hedge Fund Losses, Will Redeem $4.1B of Those Holdings
American International Group Inc., the insurer burned by losses on hedge funds, has submitted notices of redemption for $4.1 billion of those holdings through the end of the first quarter. "As of ...
Executives On The Move at AmTrust, Ironshore, Everest Re and More
AmTrust hired a former Validus and ACE executive to serve in a key leadership position. Ironshore is bringing on an ex-Swiss Re executive to be head of surety for its Latin American division. A ...
Another Unprofitable Quarter For AIG, Thanks to Hedge Funds
American International Group Inc., the insurer that's shrinking under pressure from activist shareholders, posted a third-straight unprofitable quarter on losses from hedge funds and declines in the ...