Personal Lines
U.S. to Google: Computers Can Qualify as Drivers Under the Law
U.S. vehicle safety regulators have said the artificial intelligence system piloting a self-driving Google car could be considered the driver under federal law, a major step toward ultimately winning ...
Where Insurers Rank Among World’s Top Brands: 2016
Allianz is the only global insurance organization that ranks among the top 50 most valuable brands in the world, but even the German company failed to garner the highest brand rating of AAA+ awarded ...
P/C Net Income Soared in Much of 2015; Investments Remained a Struggle
Property/casualty insurers saw their net income and profitability soar during the first nine months of 2015, though the challenging investment environment reduced yields. Those findings are part of a ...
Cyber, Homegrown Terror Are Top U.S. Security Threats: Intelligence Official
Disruptions in cyberspace and attacks by "homegrown" terrorists are the most imminent security threats facing the United States in 2016, James Clapper, the top U.S. intelligence official, told two ...
Lloyd’s, XL Catlin, Munich Re Among Lemonade’s Reinsurance Backers
Peer-to-peer insurance startup Lemonade said it has signed on several global reinsurers, including Lloyd's of London, XL Catlin and Berkshire Hathaway's National Indemnity. Everest Re, Hiscox and ...
U.S. P/C Insurance Employment Dipped in December: I.I.I.
P/C insurance carrier employment in the U.S. declined in December, continuing a generally downward trend going back 18 months, the Insurance Information Institute said in a special report. The number ...
France’s AXA Invests $85M in Africa-Based Online Insurance Seller
AXA SA plans to invest 75 million euros ($84 million) in Africa Internet Group, the Nigerian owner of online businesses including retailer Jumia, as France's biggest insurer extends its product ...
The Hanover Sees Dip in Q4 Net Income; OneBeacon Ends Year in Black
A competitive and challenging market left The Hanover Insurance Group with lower net income and net premiums written in 2015. OneBeacon Insurance Group also saw lower net premiums written, after ...