Personal Lines
Property/Casualty M&A Continues Accelerating in 2015: Conning
Property-casualty insurance sector M&A deals jumped by more than 31 percent and deal value grew by more than half from 2013 to 2014 as carriers sought to diversify, remain relevant with customers ...
WSJ Documents Decline of The Southport Lane Insurance Empire
An insurance empire that included two insurance carriers, two offshore reinsurers, several buildings and other insurers' investments was built by a private equity firm in part on questionable assets ...
Anti-Drunk Driving Devices Could Save 59,000 Lives: University Study
Putting technology that prevents drunk drivers from starting a vehicle into every car and truck in the U.S. could save 59,000 lives and $343 million over 15 years, according to a University of ...
Weather Shifts Likely as Arctic Melt Creates Weakest Gulf Stream in 1,000 Years
Gulf Stream water currents in the Atlantic Ocean have slowed to the weakest in as long as 1,000 years, threatening shifts in U.S. and European weather, as well as coastal sea levels including in New ...
U.S. House Committee Unveils ‘Threat-Sharing’ Cybersecurity Bill
The U.S. House of Representatives Intelligence Committee introduced on Tuesday long-awaited legislation intended to enhance information sharing between private companies and intelligence agencies ...
New York Regulators Launch Price Optimization Inquiry
The New York Department of Financial Services (DFS) is seeking information about price optimization from hundreds of property/casualty insurers operating in the state. New York joins a growing number ...
Travelers Offers Tips to Help Homeowners Weather Spring
Melting snow and spring storms are among the top causes of springtime property damage, Travelers warns. Travelers looked at claim data from 2012-2014 and found that damage from hail, windstorms and ...
Might Human Drivers Be Outlawed?
Tesla Motors co-founder and CEO Elon Musk thinks that human-driven cars could eventually be outlawed as computers show they can do a more efficient and safer job of driving. "In the distant future, ...