Personal Lines
2014 U.S. Cat Events Land Far From Record Levels: Verisk
U.S. insured losses during the first nine months of 2014 fell "well short" of the 10-year average. But major events still caused some pain, and catastrophe losses in the country climbed by ...Beazley Becomes Latest to Raid AIG Talent Roster
Beazley Plc hired Matt Barone from American International Group Inc., becoming the second insurer in a month to recruit from AIG to build groups that sell coverage protecting corporate clients ...
Bermuda Stares Down Hurricane Gonzalo; Hawaii Troubled by Ana
Hurricane Gonzalo grew into a major storm that threatens Bermuda later this week, while half a world away Tropical Storm Ana may become the second system this year to sweep Hawaii's Big Island. ...
Allstate Beefs Up Investment Management Roster
Allstate Corp. is bringing on some new executives focused on the investment side of its operations. The largest publicly traded personal lines insurer in the United States said it hired Russell ...
Chubb, Marsh Vets Take Leadership Roles at Cunningham Lindsey
Two executives with experience at Chubb, Marsh, Aspen Insurance Holdings and more have signed onto leadership roles at Cunningham Lindsey, a company that provides loss adjusting and claims management ...
Big Earthquake Likely for San Francisco, But Coverage Lacking
The San Francisco region will probably be struck by an earthquake with a magnitude of at least 6.7 in coming decades, and most of the billions of dollars of damages wouldn't be covered by insurance. ...
Zurich Insurance CIO Wants New Rules to Protect Green Bond Boom
The integrity of the fast-growing "green bond" market is at risk unless a clear definition of what passes for green can be agreed, Zurich Insurance's investment chief told the Reuters Global Climate ...
Worsening High-Tide Floods Could Make City Sections Unusable: Study
Flooding during high tides, which used to be rare, is now common in some places and could worsen to the point that sections of coastal cities may flood so often they would become unusable in the near ...