Personal Lines
Industry Alliance Formed Promoting Value on High Net Worth Specialists
The Private Risk Management Association (PRMA) on Tuesday announced its formation as a nonprofit, independent, member-owned organization committed to supporting the specialist high net worth ...
Consumer Group Offers Fix for Uninsured Motorist Problem
Most uninsured motorists in the U.S. are responsible, safe drivers who simply cannot afford to purchase liability coverage with their income but who still need to drive for their work, according to a ...
Private Equity, Insurance Execs Team Up on Earthquake Insurer Startup
Genstar Capital Management, LLC, a middle market private equity firm announced Wednesday that it has partnered with insurance industry veteran David M. "Mac" Armstrong to set up an earthquake ...
Top 5 States for Auto, Homeowners Rates Hikes Revealed: Perr&Knight
Personal auto insurance companies increased their rates by an average of 2.5 percent countrywide in 2013, according to insurance consulting firm Perr&Knight's RateWatch reports. The 2013 increase ...
Weather Researcher Seeking Clue to Some Tornadoes’ Paths
Weather officials in Kansas will be watching major thunderstorms this year for a clue about wind speeds that may help indicate the path of potential tornadoes. The research stems from tornadoes last ...
February Storms’ Insured Losses Top $1.5B Globally: Aon Benfield
The latest Global Catastrophe Recap report from Aon Benfield's Impact Forecasting reveals that February storms led to insurance payouts of more than $1 billion globally. Japan experienced record ...
Senate Leaders Look to Quickly Pass U.S. House Flood-Insurance Measure
Senate leaders are seeking agreement to quickly pass a House flood-insurance bill to avert steep premium increases for property owners in coastal states such as Florida, Louisiana and New Jersey, ...
From the Front Lines to the C-Suite: Farmers’ David Travers
When he was taking policyholder phone calls as a customer representative for a direct writing carrier 26 years ago, David Travers did not have designs on a position in the C-suite of an agency ...