Personal Lines
Auto Injury Claims Costs Keep Rising Even With Safer Vehicles: IRC
Auto injury claims costs are still increasing in the United States, even though better vehicle safety has helped reduce claims frequency, the Insurance Research Council found in a new report. The ...
Global Capital Standards Finalized For AIG and 8 Other Insurers
The world's nine biggest insurance companies will have to hold more capital under new rules just finalized by global regulators that aim to prevent taxpayer bailouts of the industry in a crisis. ...
Allstate’s Esurance Debuts Pay-Per-Mile Auto Insurance
Allstate-owned Esurance has begun marketing auto insurance for which consumers essentially pay by the mile. The new product is called "Esurance Pay Per Mile," coverage enabled by a small telematics ...
Slowly But Surely, Insurers are Turning to Mobile and Big Data
Insurers are increasingly investing in new technology areas such as mobile and big data along with the usual legacy system updates, Novarica found in its latest annual study of U.S. insurer IT ...
Hurricane Joaquin Fades as U.S. Threat; Bahamas Still Vulnerable
A weakening Hurricane Joaquin probably won't be a threat to the U.S. as it turns north in the Atlantic away from the Bahamas, where it's battering the islands with winds that fell to 125 miles (200 ...
Travelers: Cyber Risks Now a Top Consumer Concern
Just as property/casualty insurers are increasingly worried about cyber risks, it turns out consumers fears are growing rapidly right there with them, according to The Travelers Companies' 2015 ...
T-Mobile: Hackers May Have Ripped off Data of 15 Million Applicants
T-Mobile US Inc said personal data of about 15 million of its U.S. applicants may have been stolen in a breach at a unit of Experian Plc, which processes the telecom carrier's credit applications. ...
Hurricane Joaquin Update: It Could Miss the U.S. Coastline
Forecasters can't completely rule out a U.S. East Coast strike by Hurricane Joaquin but are more optimistic it will miss, even as the "extremely dangerous" storm pounds the Bahamas with high winds, ...