Personal Lines
Asia P/C Investment Driven by Limits at Home: Arch Capital, XL Catlin Execs
It is pretty clear at this point: Asia investment in the European and U.S. P/C sectors last year is widely expected to continue through 2016. Reasons why this is happening, however, remain a matter ...
Self-Driving Car Rollout Will Accelerate Under New U.S. Government Plan
Self-driving cars will get closer to appearing on American roads under a U.S. Transportation Department plan to speed their rollout. Regulators will allow automakers that can demonstrate they have a ...
Liberty Mutual Grows Chile Market Share with New Acquisition
With one acquisition, Liberty Mutual Insurance has become a dominant player in Chile, a decade after first entering the market there. The Massachusetts-based property/casualty insurer said it has ...
Uber Will Help California Ex-Felons Ready for Driver Jobs
Uber Technologies Inc. says it's trying to help people convicted of non-violent felonies in California get jobs as drivers. The company said Wednesday it's steering prospective drivers with felony ...
RMS CEO Shah Pledges 2016 Cloud-Based Cat Modeling Roll-out
RMS, after months of additional fine-tuning and ironing out kinks, is ready to roll out cloud-based catastrophe risk management system RMS(one) through 2016, co-founder and CEO Hemant Shah said on ...
P/C Execs Predict Cyber Growth and a Democrat in the White House
Leaders of the property/casualty insurance industry expect 2016 to be a profitable year much like 2015 but do not see any increase in profitability this year for most lines of insurance, and they do ...
ACE and Chubb Set to Close Their Mega-Merger Deal
ACE Ltd. and Chubb were set to close their $29.7 billion merger agreement on Jan. 14 – a scant six months after the companies first announced their surprise deal. The Chubb name will represent the ...
Crash Rates Lower for Driverless Cars
Crash rates for self-driving cars are lower than the national crash rate of conventional cars, according to a new report out of Virginia Tech Transportation Institute that was commissioned by ...