Personal Lines
Texas Court Approves $84.4M Settlement in 2002 Farmers Insurance Case
A Travis County, Texas district court has granted preliminary approval of a settlement with Farmers Insurance Group that will return $84.4 million to policyholders stemming from a 2002 homeowners ...
Smart Dashboards Distracting Drivers, Creating Safety Issues: Experts
When it comes to dashboard displays that are more like smart phones, two things are clear: customers want them, and automakers are intent on supplying them. But are they really a good idea? Car ...
Move Over Uber Drivers: Autonomous Taxis Offer Green Benefits
According to a new study from Lawrence Berkeley National Laboratory (Berkeley Lab), a system of driverless taxi fleets would both be cost-effective and greatly reduce per-mile emissions of greenhouse ...
Regulators of Aetna Humana Deal Could Question Other Insurer Deals
Aetna Inc.'s $37 billion deal to buy smaller health insurer Humana Inc. will face rigorous scrutiny from U.S. regulators, which antitrust experts said could also make other large-scale mergers in the ...
Reuters Column: Are Loyal Drivers Paying More to Insurers?
When Jonathan G. Stein became unhappy with his long-time car insurance carrier earlier this year, the 41-year-old lawyer from Elk Grove, California switched to a new company. How was he rewarded for ...
How They Stack Up: Analysis of Chubb’s Future Position in P/C Product Lines
Just a little over six months ago, ACE announced a deal to acquire the high-net-worth personal lines business of Fireman's Fund from Allianz, competing against Chubb, which holds the leading position ...
ACE-Chubb $28.3B Deal Took Just ‘Weeks’ to Put Together: Greenberg
FROM THE ARCHIVES: A VINTAGE CARRIER MANAGEMENT ARTICLE FROM 2015 "We are first and foremost builders. Insurance is a long-term business. We are patient," said ACE Chair and Chief Executive Officer ...
Breaking News: ACE to Acquire Chubb in $28.3 Billion Deal
In a major transaction, ACE Limited has agreed to acquire The Chubb Corp. for $28.3 billion in cash and stock. The two firms said the combined company will have complementary businesses, skills and ...