Personal Lines
Claims Process Will Gain From Drones, AI and the IoT: Strategy Meets Action
Drones, artificial intelligence (AI) and the Internet of Things (IoT) are considered the top three technologies that will impact claims, according to a new report by Boston-based insurance research ...
European Captive Insurers Using Solvency II Regs to Improve Themselves: A.M. Best
When Solvency II capital standards first became known, owners of captive insurers viewed the new regulations as burdensome and costly. But European captives and their owners view requirements as an ...
Congress Considers Ways to Reverse Surge in Illegal Drone Flights
U.S. lawmakers are considering steps to reverse a disturbing rise in illegal drone flights, including new government enforcement tools to crack down on rogue flyers, especially near airports, ...
Executives On The Move at GEICO And ACE Group
GEICO promoted a veteran executive to one of its senior vice president positions. George Rogers assumes the title as well as responsibility for GEICO's operations in the Southeast and Midwest. As ...
Two New Tech Releases Designed to Improve P/C Company Routines
Two software companies focused on the insurance industry are releasing new initiatives that bring in high tech to help carriers do their jobs more efficiently. Guidewire Software, a California tech ...
Willis and UnipolSai Sponsor First Cat Bond For Italian Earthquake Risk
An Italian insurance company and a division of Willis Group Holdings plc completed what is billed as the insurance/reinsurance industry's first indemnity-trigger catastrophe bond for Italian ...
El Nino Conditions Could Last Until Spring in Northern Hemisphere
A U.S. government weather forecaster on Thursday raised the likelihood that El Nino conditions would last into the Northern Hemisphere's early spring to 85 percent, boosting the probability that ...
Lloyd’s, Fulbright Commission Expand Risk-Related Research Program
Lloyd's of London and the U.S.-U.K. Fulbright Commission announced recently that they've extended and expanded a program designed to pursue risk-related research in the U.S. The partnership, through ...