Personal Lines
Aon Benfield: Severe Weather Returned With a Vengeance in March
In March, the most severe weather events carried names like Mike, Niklas and Pam. Also, the United States began to see a return to extreme springtime weather after an unusually slow start to the ...
U.K. Auto Insurer Hastings Eyes Potential IPO After Triumphant 2014
Hastings Insurance Group increased its customer base by 20 percent in 2014, boosting profitability and setting the U.K. car insurer on track for a potential initial public offering this year. ...
RMS Releases Latest Europe Windstorm and North Atlantic Hurricane Models
Catastrophe risk modeler RMS has released version 15.0 of its RMS Europe Windstorm and RMS North Atlantic Hurricane Models. Matthew Grant, general manager of models and data at RMS, said the updated ...
Significant Winter Insured Losses Don’t Match Last Year’s: Munich Re
Now that the U.S. is finally emerging from the winter of 2014/2015, the economic and insurance costs are becoming clear. The numbers are substantial, but they're not as bad as the previous winter. ...
AXA Strategic Ventures Invests in a French ‘Big Data’ Startup
AXA Strategic Ventures has made a $1 million investment in the French tech startup company Evercontact, a cloud service that extracts contact information in emails and shares and updates them ...
Allstate Tries to Educate Drivers With Reality Rides Simulator
In an effort to combat distracted driving, Allstate is launching a national tour this month with its Reality Rides simulator. In its third year, the campaign builds awareness about the dangers of ...
AIG Plans to Go Global With Commercial Drone Underwriting Strategy
Now there are three. American International Group disclosed it is the latest insurer to win Federal Aviation Administration approval to operate commercial drones, following similar actions with USAA ...
U.K.-Based Insurers Face Risks If Nation Exits European Union: A.M. Best
Insurers based in the United Kingdom underwriting a material amount of European business should be monitoring the potential consequences of the United Kingdom exiting or renegotiating its position ...