Personal Lines
Insurance Innovation Can Tackle Global Environmental Disaster Risks
Property/casualty insurance industry innovation can help tackle environmental disaster risks as they emerge around the world, a Willis executive and UN official assert. Margareta Wahlström, the UN ...
Economic Losses From Natural Disasters Could Hit $750 Billion Annually in 15 Years: AIR Study
Economic losses from global natural catastrophes likely will triple over the next 15 years, unless steps are taken to reduce bad development choices, according to preliminary results of a catastrophe ...
FIO’s McRaith: Feds Have the Backs of Insurers For Cyber Attack Threats
The federal government has the backs of insurers and their clients as they seek to protect themselves from, and adapt to, the fast-evolving threat of cyber attacks, Federal Insurance Office Director ...
Dollars and Sense: Risk-Based Pricing Helps Insurers Find Opportunities
Today, many insurers believe there is no bad risk—it just needs to be priced properly. As the market trends toward more analytic- and data-driven decisions, insurers are continually exploring ways ...
State Farm Gets FAA Clearance for Drone Takeoff
Bloomington, Ill.-based State Farm announced yesterday that it is the first insurer in the United States to receive FAA permission to test Unmanned Aircraft Systems (UAS) for commercial use. ...
Google Compare May Go Beyond Auto Insurance
The way Valen Analytics President and CEO Dax Craig describes it, Google's move into insurance with Google Compare for auto insurance is an "all-aboard, wake-up-and-smell-the-coffee" call to the ...
Delphi to Take on U.S. Coast-to-Coast Driverless Auto Test
Delphi Automotive Plc, a supplier of car electronics, is undertaking the longest test of a driverless auto, going coast to coast in the U.S. with a specially outfitted Audi Q5 sport-utility vehicle. ...
AXIS, PartnerRe and Their $11B Merger Are Back in S&P’s Good Graces
AXIS Capital Holdings Ltd., PartnerRe Ltd. and their pending $11 billion merger are back in Standard & Poor's good graces, which has affirmed the ratings of both companies after essentially ...