News
Carriers Try ‘Holding the Line’ on Property-Cat Renewals: NAPCO
Property-catastrophe insurers have been focused on winning new business, which means new customers are seeing bigger price cuts, according to a market report from a wholesale broker specializing in ...
Pet Insurance Sales Soar Past Accident & Health Cover
Maria Makara didn't hesitate to insure her two new dogs. That's because they're family. Her previous pet, a Yorkshire terrier, died in 2013 after contracting pancreatitis and Cushing's disease. ...
After several years in which much of P&C was focused on restoring rate adequacy and profitability, the market is finally...
Hamilton Acquiring Lloyd’s Sportscover
Hamilton Insurance Group said today that it has entered into a share purchase agreement to acquire Sportscover Underwriting Limited, a Lloyd's managing agent which manages Syndicate 3334, and Kinetic ...
Report: Feds Won’t Call Ex-AIG CEO Greenberg to Testify in Bailout Trial
It looks like the U.S. government won't be calling ex-AIG CEO Maurice "Hank" Greenberg to testify in his $25 billion-plus lawsuit over federal bailout funds the insurance giant was forced to take ...
Researchers Making Cameras Talk to Each Other to ID, Track Pedestrians
It's not uncommon to see cameras mounted on store ceilings, propped up in public places or placed inside subways, buses and even on the dashboards of cars. Cameras record our world down to the ...
FHA Mortgage Insurance Fund Erases Shortfall
A U.S. government agency that guarantees millions of mortgages has built up $6.1 billion in capital over the last year, erasing a shortfall experienced in 2013, when its reserves were so low that it ...
Small Majority of Americans See Work/Life Balance as Attainable: Poll
A majority of the American public believes that most people can find a way to balance the demands of work, family and contributions to community, according to the 21st Allstate/National Journal ...
U.S. P/C Small Business Insurance Market Ripe for Consolidation: Conning
If heavy competition breeds consolidation, then property/casualty small business insurance is ripe for it in the coming years. Here's why: Both large and small insurers devote lots of attention to ...