Personal Lines
Allstate Names New President of Encompass Division
The Allstate Corp. has named Mark Green as president of the Encompass insurance companies. Green was previously president of Allstate Dealer Services and Ivantage Select Agency Inc. He will report to ...
Using Hands-Free Technology While Driving Is ‘Surprisingly’ Risky: AAA Research
Mental distractions can persist for as long as 27 seconds after dialing, changing music or sending a text using voice commands, according to new research on distracted driving. Drivers using phones ...
The Hanover Temporarily Brings Back Former CFO After Greenfield’s Death
The Hanover Insurance Group brought back a former chief financial officer company to serve as interim CFO, a move made necessary due to the unexpected death of his predecessor earlier in October. ...
Carl Icahn’s Emergence Ups the Stakes for AIG CEO Hancock
Peter Hancock may have met his hardest challenge yet. Since Hancock took over as chief executive officer of American International Group Inc. last year, Warren Buffett's Berkshire Hathaway Inc.'s new ...
PCI Conference Report: Cyber, Property Risks Not So Separate, CTO Says
The property/casualty insurance industry must change its approach to cyber security and update its coverage approach to help minimize risks, FireEye Inc. Chief Technology Officer Grady Summers said. ...
Hartford Stock Price Falls After ‘Underwhelming’ Auto Results
Hartford Financial Services Group Inc., the insurer that sold its life units to focus on property/casualty coverage, plunged the most in the 88-company Standard and Poor's 500 Financials Index after ...
KPMG: Driverless Cars Could Drastically Reduce U.S. Personal Auto Insurance Sector
The U.S. personal auto insurance sector could shrink by 60 percent within 25 years as autonomous vehicles catch on, vehicles become safer and both trends reduce the number of accidents, KPMG said in ...
Erie Insurance CEO Cavanaugh Retiring at End of 2016
Erie Indemnity Company announced that Terrence W. Cavanaugh, president and chief executive officer, will retire at the close of 2016. Cavanaugh shared the decision yesterday during a meeting of the ...