Personal Lines
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 ...
VW Sued by New Jersey Over Excess Diesel Emissions
New Jersey on Friday filed a lawsuit against Volkswagen AG and its luxury units over the German automaker's excess diesel emissions, becoming the fourth U.S. state to take legal action. New Jersey's ...
A Year-End Assessment of Allstate’s Esurance
Allstate's Esurance continued its path of slow, steady improvement in the final months of 2015. The online auto and home insurance provider booked a 107 combined ratio for the 2015 fourth quarter, ...