Personal Lines
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 ...
Californians Urged to Buy Flood Insurance Ahead of El Niño
Federal emergency officials are urging Californians to buy flood insurance—even those who don't live near creeks or rivers—as El Niño conditions get underway in the Pacific Ocean, increasing ...
Texas Hurricane Patricia Losses Could Be Billions; Mexico Spared
Damage from Patricia, the strongest hurricane ever measured in the Western Hemisphere, may cost the U.S. billions due to floods after the storm spared the largest cities in Mexico. Flooding in Texas ...
Executives On The Move at OneBeacon, Arch, ProSight, Aon Benfield and JLT
We have new hires and promotions to tell you about at OneBeacon Insurance Group, Arch Insurance Group, ProSight Specialty, Aon Benfield and JLT Specialty: *** OneBeacon Insurance Group brought on ...