Personal Lines
What Consumer Credit Data Reveals About Auto Insurance Shoppers
Customers with lower credit-based insurance scores shop most frequently while consumers with the highest insurance scores are less likely than the general population to shop for new auto insurance. ...
Designing a UBI Program to Fit Your Business Strategy
Usage-based insurance (UBI) for auto is often presented as a "one size fits all" solution to insurers' business problems. Tiny telematics devices that can be installed in policyholders' vehicles ...
Five Insurers Lead P/C Industry to 8th Year of Reserve Takedowns: Fitch
Headline reserve charges for Tower Group, Meadowbrook Insurance Group and QBE Americas in 2013 didn't interrupt an eight-year trend of overall prior-year reserve takedowns for the property/casualty ...
Homeowners Choice First Admitted Carrier to Offer Flood Cover in Florida
Homeowners Choice Property & Casualty Insurance Company, Inc., a Florida based provider of homeowners insurance and wholly-owned insurance subsidiary of HCI Group, Inc., announced Thursday that ...
Inadequate Shareholder Disclosure and Other Killer Risks
While most of the killer risks that can torpedo a company exist within the walls of the organization, the deadliest—in terms of its hidden impact—relates to external communications, a risk expert ...
Savvy Insurers Can Make Homeowners More Profitable
The lion's share of profitability for carriers has traditionally come from the auto business, but this segment is slowing for a number of reasons—and speed bumps may soon give way to roadblocks. ...
Avoiding the Pitfalls and Pratfalls of a UBI Product Launch
Any usage-based auto insurance (UBI) product launch is vulnerable to common reversals that can slow or even derail the project. Some simply cause delays, but others have cost the clients significant ...
Esurance Bets on Bundling Home, Auto Coverage Amid GEICO Rivalry
Esurance, the online car-insurance seller owned by Allstate Corp., is betting that bundling auto and home policies will help it compete with Berkshire Hathaway Inc.'s GECIO unit and Progressive Corp. ...