Personal Lines
Drone Registrations Top 180,000 in First 2 Weeks
One of the most important players in the booming drone industry isn't a hardware manufacturer; it's the U.S. Federal Aviation Administration. So attendees at the Consumer Electronics Show (CES) last ...
Autonomous Drive From L.A. to New York Just Two Years Away: Musk
Tesla Motors Inc. Chief Executive Officer Elon Musk said within two years a customer would be able to summon an electric car to drive autonomously from Los Angeles to New York. "I might be slightly ...
At No. 2, AXA Is Highest with P/C Operations on A.M. Best Global Insurer Ranking
Coming in at No. 2, French company AXA S.A. is the highest ranking insurer with property/casualty operations on A.M. Best's new roundup of the top global insurers by net premiums written. Half the ...
A.M. Best Maintains Negative Outlook For U.S. P/C Commercial Lines
Rating agency A.M. Best said it is maintaining its negative outlook on the commercial lines segment of the U.S. property/casualty (P/C) industry, despite relatively solid aggregate results over the ...
Texas Tornadoes Led to Bulk of Dec. U.S. Insured Storm Losses: Aon Benfield
The last 10 days of 2015 turned out to be brutal in terms of weather, contributing to at least $2 billion in insured losses for the month of December, according to Aon Benfield's Impact Forecasting. ...
AIG CEO Peter Hancock Will Outline His Vision on Jan. 26
American International Group Inc., the insurer that has rebuffed activist investor Carl Icahn's push to divide into three companies, set a Jan. 26 presentation to outline Chief Executive Officer ...
U.K. Insurers Can Handle Nation’s Historic Floods: A.M. Best
As the U.K. continues to deal with a winter of historic flooding, strong balance sheets and an otherwise light year for bad weather will allow insurers to absorb the losses, A.M. Best concluded in a ...
Florida’s Veteran Insurance Commissioner Will Depart in May
Florida Insurance Commissioner Kevin M. McCarty announced said he'll resign May 2, 2016 to pursue other job opportunities, capping 12 years in the post, according to the Florida Office of Insurance ...