Personal Lines
RSA Warns British Exit From EU Could Harm Its Business, Investment Returns
RSA chief Stephen Hester said a British exit from the European Union could have a negative impact on the insurer's business and investment returns, underscoring a warning from top executives about ...
P2P Startup Lemonade Bets Behavioral Science Can Take the ‘Annoying’ Out of Insurance
A company that openly berates the current insurance industry as one that is annoying and in need of a makeover believes that adding behavioral science to the mix will help fix it. The New York-based ...
January Storms Cost U.S. $2B: Aon Benfield’s Impact Forecasting
Severe winter storms in the U.S. and Asia caused an estimated $4.0 billion in economic damages, topping the list of January catastrophes, according to a monthly recap from Aon Benfield's Impact ...
Departing AIG Dealmaker Schreiber Was Equal Parts Volatile and Invaluable
In January, Brian Schreiber was working nearly around the clock preparing an investor presentation on American International Group Inc.'s new direction, called Simplifying AIG. On Feb. 15, Schreiber ...
Why Google’s Online Insurance Experiment Failed: The Insurance Industry Sounds Off
The insurance industry had a lot to say about what Google did wrong a day after the search engine giant said it would be pulling the plug on its year-long Google Compare experiment selling auto ...
Executives On The Move at XL Catlin, USAA and QBE
A major executive is retiring at USAA, and the search is on for his replacement. QBE is reorganizing and hired from within to fill a newly created executive position. XL Catlin is beefing up its ...
Exclusive: Google Reportedly Will Shut Down Online Insurance Site
It appears Google Compare's grand experiment in online comparison shopping for auto insurance is dead – for now at least. Insurance Journal has learned that two of Google Compare's major partners ...
How Telematics Saves on Claims, Improves Customer Experience
Insurers that are not already using the data from their telematics programs for claims would be wise to do so early in their adoption of telematics, as the task only becomes more difficult as more ...