Personal Lines
Malaysia’s Islamic Insurers Hope to Double Younger Audience by Going Digital
Malaysia's Islamic insurers are seeking to double policy holders in five years by investing more in digital technologies to attract a younger audience, according to the industry association's head. ...
Rain and Floods Shaped Allstate’s May Catastrophe Losses
Allstate said it handled estimated pre-tax catastrophe losses for May that reached $178 million, the bulk of which came from four severe weather events. The number actually hit $180 million, pre-tax ...
Majority of Consumers Satisfied With Auto Insurance, But Many Still Shopping for Price: IRC Survey
The majority of insured drivers are satisfied with their current auto insurance company, according to a recent public opinion survey, but many are still shopping for a better price. The survey by the ...
Steering Wheels, Brakes Gone From Driverless Cars: Google’s Cerf
When Google started reporting accident statistics for its driverless cars in May, the technology giant learned something important that it has incorporated in the second iteration of its vehicles, ...
Tropical Storm Bill Will Bring More Floods to Super-Soaked Texas
No matter exactly what path it takes, Tropical Storm Bill is going to cause trouble in Texas this week and maybe longer. Bill will send flooding rains across the eastern part of the state, including ...
GEICO Expands Ridesharing Coverage Into Texas Market
GEICO is entering the Texas insurance market with its ridesharing policy that covers drivers on and off the job, part of a state-by-state rollout that will eventually go national. The auto insurer ...
New Texas Flood Threat Looms; Tropical Storm Carlos Growls in Pacific
As Tropical Storm Carlos churns in the Pacific, threatening Mexico's coast, the Atlantic's second storm of the year may be developing over the Yucatan Peninsula, with the potential to reach Texas and ...
AIG Narrows Focus With Deal to Sell Taiwan Consumer Insurer
American International Group Inc., the largest commercial insurer in the U.S. and Canada, agreed to sell a consumer operation in Taiwan as Chief Executive Officer Peter Hancock narrows the company's ...