Personal Lines
Tropical Storm Boris is Threatening Southern Mexico
Tropical Storm Boris formed off Mexico's Pacific coast, threatening the southern part of the country with heavy rain and "life-threatening" floods through the weekend. The system was 125 miles (200 ...
Industry Prediction: Expect P/C Market Stability Through 2014
The federal terrorism risk insurance backstop, in place in one form or another since 2002, will likely be reauthorized by Congress, and in the absence of a major catastrophe — man-made or otherwise ...
Judge Quashes Bid By Ex-AIG CEO Greenberg to Dismiss Civil Suit
A New York state judge has rejected a request by Maurice "Hank" Greenberg, the former American International Group Inc chief executive officer, to dismiss a long-running civil lawsuit by the state's ...
AIG’s Rehab Continues With Improved S&P Outlook
The rehabilitation of American International Group Inc. continues with news that Standard & Poor's Ratings Services has improved its outlook for the insurance conglomerate. Two years after AIG ...
Google Driverless Cars, Minus Steering Wheels, Redefine Auto Risks
Google Inc is building cars that don't have steering wheels, accelerator pedals or brake pedals, in an ambitious expansion of the Internet company's efforts to develop self-driving cars. The small ...
Travelers’ A.M. Best Financial Strength Ratings Soar
Travelers and most of its subsidiaries saw their already stellar financial strength ratings from A.M. Best get even better. This was based, in part, on the insurer's ability to generate solid ...
For 2013, Conning Tracked Slightly Better Industry Loss Reserves
The property/casualty industry's loss reserve position improved slightly in 2013 compared to the previous year, reflecting continued stability in an era of low inflation and slower economic growth, ...
ISO Expands Personal Auto Risk Analyzer; Vehicle Liability Risk Module Added
ISO recently announced the expansion of its ISO Risk Analyzer Personal Auto suite of predictive modeling tools to include a new module to help with determining vehicle liability risk. ISO, a member ...