Personal Lines
Climate Change Worsened Extreme Weather Across the Globe in 2021
Extreme weather events in 2021 shattered records around the globe. Hundreds died in storms and heatwaves. Farmers struggled with drought, and in some cases with locust plagues. Wildfires set new ...
Toyota Starts Offering Auto Cover With Farmers-Owned Toggle in 5 States
Automaker Toyota's insurance arm has begun selling its first branded insurance coverage, Toyota Auto Insurance, in Arizona, Illinois, Indiana, Ohio and South Carolina, and will soon be offering the ...
Executives On The Move at AIG, AXIS, W.R. Berkley and Liberty Mutual
AIG chose a new Chief Human Resources Officer. AXIS Insurance appointed a new head of its U.S. Excess Casualty team. W. R. Berkley Corporation picked a new head for the Lloyd's managing agent for W. ...
State Auto Innovation Exec Garland Will Lead Company After Liberty Mutual Closes Acquisition
State Auto Financial Corp. will have a new leader with experience in startups, innovation and restructuring once Liberty Mutual closes its $1 billion acquisition of the carrier in 2022. Kim Garland, ...
Multicover Is Coming, But Are North American Carriers Prepared to Deliver?
As we approach 2022, North American insurers face a daunting set of challenges. They're beset by well-backed, nimble upstarts like Lemonade, who are eager to grab an increasing share of business, ...
Usage-Based Car Insurance Could be Part of Stellantis Auto Software Strategy
Automaker Stellantis rolled out its software strategy on Tuesday including a 2030 target of 20 billion euros ($22.5 billion) in annual revenue from related products and subscriptions as it takes aim ...
Belgian Insurer Ageas Draws Renewed Acquisition Interest From Investor Group
BE Group, an investor group fronted by former financial services dealmakers, is exploring the feasibility of a fresh pursuit of Belgian insurer Ageas after a previous attempt was rebuffed, people ...
Risk Alerts: Dangers on the Roadway
The new infrastructure bill will allow teens to make interstate trips. A software update over the summer gave many Tesla drivers the ability to play video games while the vehicle is in motion.
La Nina, Stuck Jet Stream Blamed for Unusually Warm Weather
America's winter wonderland is starting out this season as anything but traditional. The calendar says December but for much of the country temperatures beckon for sandals. Umbrellas, if not arks, ...