Personal Lines
CEO of Florida’s Citizens Pushes Back on Lawmaker’s Solvency Questions
The CEO of Citizens Property Insurance Corp. has denied that corporation representatives have been unresponsive to Congressional requests for financial information, in the wake of unsettling comments ...
State Farm Update: More ‘Difficult but Necessary’ Decisions in California
State Farm wasn't quite done making tough decisions about writing business in California when it announced that it wouldn't accept applications for new homeowners policies in the state in May of last ...
Suit Says OnStar, LexisNexis Shared Driving Data With Insurers, Spiking Rates
Do motorist-assistance systems like GM's OnStar feed data to auto insurers, resulting in higher premiums for some drivers? A south Florida man says indeed, they do, and has filed a proposed ...
California Insurer of Last Resort Is Unprepared for Big Disaster
California's property insurer of last resort told lawmakers that it's financially unprepared to cover the costs of a major catastrophe in the state. The plan now faces $311 billion in potential ...
Why Do I Need a Lawyer? I Was Just Out for a Walk
During a recent webinar, an insurance company representative imagined the thought process of potential plaintiffs who might consider calling a lawyer.
State Farm Announces New CEO; Farney Succeeding Tipsord June 1
The State Farm Mutual board of directors has selected President Jon Farney as the company's next Chief Executive Officer. Farney will succeed retiring CEO Michael Tipsord on June 1. Farney joined ...
Triple-I: Regulatory Restrictions Contribute to Risk Crisis in California
Regulatory restrictions to actuarially sound insurance pricing and underwriting, coupled with the need for more mitigation and resilience efforts in the state of California, are placing financial ...
Low Cost, Early Warning System Being Tested to Detect Cognitive Changes in Older Drivers
A new study released by Florida Atlantic University (FAU) indicates cognitive changes in older drivers can be detected relatively easily through the use of low-cost, in-vehicle sensors. Because ...
IIHS: Most Cars With Self-Driving, Driver-Assist Tech Get Low Safety Marks
Tesla's Autopilot and Full Self Driving technology and nine other assisted-driving systems marketed by major automakers received "poor" ratings from the U.S. Insurance Institute for Highway Safety in ...