Personal Lines
AIG CEO Finalist Wintrob Leaves the Company for ‘Other Opportunities’
Jay Wintrob is leaving American International Group three months after being passed over for the job of president and CEO. Earlier this summer, news reports pointed to Wintrob, president and CEO of ...
Beazley: Cyber Breaches are Small in Number But Growing
Specialty insurer Beazley has identified the most common source of data breaches, and they're not all in the cyber world. Most come from misdirected emails and faxes and the loss of paper records, ...
Hurricane Polo Could Worsen Before Weakening
Hurricane Polo may strengthen a little more before it begins to weaken this weekend as it moves parallel to Mexico's Pacific coast, the U.S. National Hurricane Center said. Polo has top sustained ...
More Self-Driving Car Tests to Hit California Roads
Mercedes-Benz has followed Volkswagen AG's Audi unit in getting a license to test self- driving vehicles on California roads as the luxury-car makers vie for a market predicted to grow to $87 billion ...
Fireman’s Fund, Minus Commercial, to Zero in on Personal Lines
While Allianz is bringing Fireman's Fund Insurance Company's commercial lines business into its own operations, the short-term plan with its personal lines arm appears to be a focus on maintaining ...
Allianz Will Absorb Fireman’s Fund’s Commercial Lines Business
German insurance giant Allianz said it will absorb Fireman's Fund Insurance Company's commercial lines business into one of its own eponymously-named divisions. Meanwhile, after days of declining to ...
Big Data Increasingly Helps Insurers Spot Risks
Insurance companies are increasingly turning to "big data" from satellites, social media and even cigarette sales at gas stations to help identify risks and build up customer profiles. Insurers and ...
Allianz Declines Comment on Report That it Will Sell Part of Fireman’s Fund
Allianz refused to comment Tuesday on a report that it will unload the personal insurance arm of Fireman's Fund, its U.S. subsidiary, due to repeated operating losses. "Allianz never comments on ...