Personal Lines
Outgoing Flood Insurance Program Director Blasts Inefficiencies
The outgoing director of the National Flood Insurance Program (NFIP) says the program is a "melting iceberg" that is incapable of properly managing its various players including the private insurance ...
Insurers Now Able to Track Odometer Readings With Policyholders’ Smartphones
Property/casualty insurance information company Verisk Insurance Solutions is teaming with a technology firm to provide insurance companies with the ability to collect automobile odometer readings ...
China Insurers Rush to Site of Capsized Ship on Yangtze River
PICC Property and Casualty Co Ltd, the insurer of a ship that capsized in China's Yangtze river on Monday, and other insurers have sent teams to the site to settle claims in connection with what ...
The Hartford Seals Major League Baseball Sponsorship Deal
The Hartford sealed a multi-year sponsorship deal with Major League Baseball, becoming at least the second major carrier to do so in recent weeks. With the agreement in place, The Hartford is now an ...
Hundreds of Sandy Flood Victims Contact FEMA For Damage Claims Review
Close to 1,000 Sandy flood victims have contacted the Federal Emergency Management Agency to have their damage claims reviewed since the government entity offered to do so in a first round of letters ...
Illinois Signs Connecticut Insurance Dept. Acting Commissioner to Top Regulator Job
Gov. Bruce Rauner says he will appoint the acting commissioner of the Connecticut Insurance Department to be director of the Illinois Department of Insurance. Rauner's office made the announcement on ...
Pacific Facing Major Storms; Atlantic, Not So Much (Yet)
The Atlantic hurricane season opened with empty seas and low expectations as two storms raged off the western coast of Mexico, where they will almost certainly stay. Hurricane Andres, which formed ...
Florida Insurance Still Pricey Despite Storm-Free Seasons
Living in a (semi)-tropical paradise has a price—and apparently, not even going nine years without a major hurricane strike will change that. While Florida's property insurance market has ...