Personal Lines
Valen Analytics Scores Personal Auto Analytics Deal With Capital Insurance Group
Valen Analytics, a provider of proprietary data, analytics and predictive modeling for property/casualty insurers, announced that Capital Insurance Group (CIG) will be leveraging Valen's InsureRight ...
El Niño Has Done Little to Counter California’s Historic Drought
Ed Heinlein surveys the steep mountainside that has repeatedly unleashed tons of mud into the backyard of his Southern California home since a 2014 wildfire and still hopes the drought-stricken state ...
Watch This Video: How P/C Insurers Plan to Use Predictive Analytics
Two years from now, property/casualty insurers will be using predictive analytics in a much wider assortment of ways than they do now. A Willis Towers Watson survey found that expected jumps in ...
Global Regulators Propose Stricter Banking Rules to Address Cyber and Fraud Risks
Global regulators have proposed stricter rules on how banks calculate the amount of capital they need to cover risks to operations from cyber attacks, fraud or hefty fines. The proposals are the ...
Two Texas Attorneys Accused of Bankrolling BP Spill Scam
Two high-profile Texas attorneys were sued by a fishing boat captain who said they were involved in a scam to cheat BP Plc out of millions of dollars with false compensation claims for the Gulf of ...
RLI to Offer Insurance for High-Performance Driver’s Education Events
Specialty insurer RLI Insurance Co. has launched a new product aimed at high-performance drivers, RLI Track Day. RLI Track Day is a single-event policy that provides personal vehicle insurance ...
Insurer Staff Declines Greater Than Anticipated in 2015
Two-thirds of insurers surveyed say they're planning to hire more in 2016, but whether they will actually go through with those plans remains a question. In fact, 14 percent of insurers decreased ...
In Robots We Trust; Maybe We Shouldn’t, Research Study Says
In emergencies, people may trust robots too much for their own safety, a new study suggests. In a mock building fire, test subjects followed instructions from an "Emergency Guide Robot" even after ...