Personal Lines
Buffett Scoffs at Notion of Berkshire Hathaway Being ‘Too Big to Fail’
Warren Buffett on Saturday rejected the idea that Berkshire Hathaway Inc, a sprawling conglomerate he has built over 50 years, has grown so big that it is now too big to fail and requires tighter ...
With Merger Complete, XL Catlin Debuts
XL Group Plc.'s approximately $4 billion deal to buy Catlin Group Ltd. closed on May 1. Beginning Monday, May 4, the global insurer and reinsurer debuts a new name: XL Catlin. "After nearly two years ...
AIG Commercial P/C Profit Soars; $3.5B Stock Repurchase Planned
American International Group Inc. said it will repurchase another $3.5 billion in stock after first- quarter profit climbed 53 percent on gains at the unit selling property and casualty insurance to ...
PCI, NAMIC, AIA Urge Congress to Protect State-Based Insurance Regulatory Process
The Property Casualty Insurers Association, the National Association of Mutual Insurance Companies and the American Insurance Association are calling for Congress to ensure state-based insurance ...
J.D. Power: Erie Insurance #1 in Auto Insurance Sales Customer Satisfaction
Erie Insurance, Ameriprise and The Hartford earned the highest customer satisfaction rankings for auto insurance sales, according to the J.D. Power 2015 Insurance Shopping Study. Based on a ...
Driverless Cars Seen as Inevitable Game-Changer For Insurance and Transportation
Picture a work day that begins like this: You step out of your house and into a self-driving vehicle, which carries you comfortably and safely to your office while you read the newspaper. After ...
At RIMS 2015, Cyber Threats were High on the P/C Industry’s Priority List
The insurance industry is increasingly concerned about protecting clients against the growing and poorly understood problem of cyber threats, a group of underwriters and brokers told an audience of ...
Progressive, Chubb, W.R. Berkley Lead Pack of Solid P/C Investment Prospects: Morningstar
Progressive, Chubb and W.R. Berkley rise to the top of a property/casualty insurance sector that offers favorable opportunities for investors, Morningstar said in a new report. "We think the current ...