Personal Lines
Risk of Landfalling Hurricanes Reduced as Upcoming El Niño Event Plays Out
The big news heading into the 2014 Atlantic hurricane season is the imminent arrival of what we think will be a significant El Niño event, the first such event since 2009. An El Niño event is a ...
Allstate’s Quarterly Profit Grows With Higher Insurance Premiums
Allstate Corp, the largest listed U.S. home and auto insurer, reported a better-than-expected quarterly profit as it earned higher insurance premiums across its businesses. Premiums earned at the ...
AIG’s Q1 P/C Results Dip, But Execs Promise More Even Year
Two years after repaying a U.S. bailout, American International Group Inc. faces another challenge: a big decline in net income and a dip in property/casualty insurance results during its 2014 first ...
Strong Euro and Spanish Storms Batter MAPFRE’s Earnings
MAPFRE SA, Spain's biggest insurer, said first-quarter earnings fell 17 percent as the euro's strength limited growth in premiums and winter storm claims weighed on profit in its home market. Net ...
Berkshire Primary Ops Show Double-Digit Profit, Premium Gains in Q1
Berkshire-Hathaway's primary property/casualty operations recorded double-digit gains in premiums and pre-tax earnings in the first quarter, but P/C reinsurance results contributed to a 6.6 percent ...
‘Boom or Bust’ Tornado Seasons Baffle Meteorologists
Something strange is happening with tornadoes lately in the United States and it's baffling meteorologists. It's either unusually quiet or deadly active. Until the latest outbreak in late April, the ...
Strong Garage Doors Save Roofs, Shelters Save Lives in Tornadoes: Research
Lightweight garage doors can be the weak link that allows high winds and pressure changes into a home during a tornado, according to a study of tornado damage by researchers from The University of ...
The Millennial Movement: How to Engage Next-Gen Insurance Buyers
By 2030, one generation will comprise 22 percent of the total population, making it the largest generation since the Baby Boomers, according to a 2010 report from MetLife Mature Market Institute. By ...