Personal Lines
The Hartford’s Continued Upswing Wins a Standard & Poor’s Ratings Upgrade
Hartford Financial Services Group's continued rebound has led Standard & Poor's to raise its financial strength credit rating for the insurance giant. Specifically, Standard & Poor's said it ...
It’s an Insurance Buyer’s Market For Now: Willis
Due in part to reduced catastrophe losses and the increased supply of capital, property/casualty insurance buyers can expect to face friendly market conditions on most lines of business for the ...
GM Car Owners Still Pursuing $7.5B in Ignition Switch Liability Case
General Motors Co. car owners will still seek $7.5 billion for the diminished value of recalled vehicles, despite a ruling that largely freed the automaker from liability for wrongdoing before its ...
AIG is Getting a New Non-Executive Chairman
American International Group is getting a new non-executive chairman of the board. Douglas Steenland will succeed Robert S. "Steve" Miller as non-executive chairman of AIG's board of directors as of ...
Guy Carpenter Launches Next-Gen Canada Flood Model
Guy Carpenter launched its G-CAT Canada Flood Model, which it describes as the first ever probabilistic model for Canada that enables insurers to assess their exposure to flood, Canada's most ...
SCOR, Chubb, Help Drive Q1 Cat Bonds Issued to Record Levels: Aon Benfield
Catastrophe bond limit secured in the 2015 first quarter came in at $1.7 billion, the most of any Q1 yet recorded, Aon Benfield said in its latest status report on insurance-linked securities. Aon ...
Executives On The Move at CNA, Lloyds, ACE and More
We have new executive appointments to tell you about from CNA, The MEMIC Group, Lloyds, ACE Group and Beazley. *** CNA Financial Group said it named an XL Group veteran as its new executive vice ...
Erie Insurance Joins Commercial Drone Bandwagon
Erie Insurance is joining the drone bandwagon with news that it has obtained conditional Federal Aviation Administration approval to use the technology in its claims and underwriting processes. ...