Personal Lines
New Madrid Earthquake Sequence Could Cost Insurers $150B: Swiss Re
A series of earthquakes similar to the New Madrid quakes of 1811/1812 could cost the insurance industry more than $150 billion, making it the costliest natural disaster to date, according to a new ...
Google Driverless Car Hit from Behind, Again
A Google driverless car was involved in the fleet's first collision to result in injury. One of Google's vehicles braked during a green light because of congestion, and the car behind hit it at 17 ...
Verisk Insurance Solutions Launches Device Reputation Service
Verisk Insurance Solutions, a source of information about property/casualty insurance risk, and Portland, Ore.-based iovation announced the launch of the Verisk Device Reputation Service, a tool to ...
Retention With Profit: Best Practices for Auto Underwriting
"Every generation needs a new revolution," noted Thomas Jefferson, and in present times it seems that several revolutions are joining forces in the insurance world. The recent innovations of ...
Cell Phone Alerts Impair Focus Even When Calls Not Answered
Whether you are alerted to an incoming phone call or text by a trendy ringtone, an alarm bell or a quiet vibration, just receiving a notification on your cell phone can cause enough of a distraction ...
U.S. P/C Net Income Rises 31% in Q1: ISO and PCI Report
Private U.S. property/casualty insurers collectively generated growth, higher net income and an improved combined ratio in the 2015 first quarter, ISO and the Property Casualty Insurers Association ...
Former Oppenheimer Exec Sentenced to Prison in Insurer-Sale Fraud
A former Oppenheimer & Co. Inc. executive was sentenced to almost two years in prison for his role in a fraud that prosecutors say led to the collapse of an Oklahoma insurance company. Allen ...
QBE NA Selling Lender-Placed Biz to National General Holdings
On Wednesday, National General Holdings Corp. added another potential deal to a list of a growing list of acquisitions, announced that it has reached an agreement to buy the lender-placed Insurance ...