Latest Personal Lines Headlines
All the headlines from our Personal Lines Topic Page, ordered by recency.
Outlook Negative: AM Best Revises U.S. Personal Lines as Auto Results Weaken
Sep 9 2022 // AM Best said it held the belief that the U.S. personal auto line would right the ship following weakening performance in 2021, but headwinds such as inflation remain too strong and the rating agency revised its outlook for...
With a Few Exceptions, Personal Insurance Shopping Subdued in Q2 2022
Aug 25 2022 // Auto insurance shopping was down 3% overall in Q2 2022 compared to Q2 2021. That trend was primarily driven by a significant decrease by higher-risk consumers, where shopping decreased 11%, compared to Q2...
People Moves: Sponic Succeeds Jacobsen at Donegal Personal Lines; Mullan Heads Human Resources for Risk Strategies; Edmonds Becomes Coaction’s Chief Actuary
Jun 30 2022 // Donegal Names Sponic to Lead Personal Lines David W. Sponic has been named senior vice president of personal lines by Donegal Insurance Group. Sponic succeeds Jeff Jacobsen, who the company said will transition into an...
Insurance Technology: eDriving Adds Safety App Without Telematics; Notion Offers Sensor Upgrade; HUB Debuts Personal Lines Platform VIU
Jun 20 2022 // eDriving Launches Non-Telematics Version of Mentor Driver App New Jersey-based eDriving announced the availability of Mentor Insight, the non-telematics version of its driver safety app, Mentor. Mentor Insight offers many...
People Moves: DUAL Europe Names 2 in Key Roles; Lockton Re Taps Aon’s Breslin for Capital Mkts.; Chubb Promotes Thompson for Int’l Personal Lines, Hernandez for A&H
Jun 2 2022 // This edition of International People Moves details appointments at the MGA DUAL, Lockton Re and Chubb. A summary of these new hires follows here. DUAL Europe Announces 2 Key Appointments DUAL, the London-based managing...
Shell’s Board Faces Personal Liability for Failure to Cut Emissions: Environment Group
Apr 25 2022 // A group that won a victory over energy major Shell last year with a Dutch court order to deepen greenhouse gas cuts has warned the company’s board of possible personal responsibility if it fails to implement the...
The National Alliance Launches NEW Self-Paced Courses: Intro to Commercial/Personal Lines, Flood, Ethics, Workers Compensation
Mar 24 2022 // Austin, TX., March 24, 2022 – The National Alliance for Insurance Education & Research has launched five self-paced insurance license renewal and introductory classes on the topics of Ethics, NFIP Flood Exposures,...
Travelers Acquires Tech Assets of Insurtech Trōv for Personal Insurance
Feb 23 2022 // Trōv, an early insurtech that started life as a creator of micro-duration policies and evolved into an embedded insurance specialist, announced this morning that The Travelers Companies will acquire its technology...
UK Personal Lines Insurers Adjust to New Pricing Rules. Is Premium Volatility Ahead?
Jan 6 2022 // UK insurers are adjusting to new pricing rules for personal motor and household premiums, which could bring some pricing volatility in the coming months as insurers struggle with the implementation. The rules, which went...
Business Moves: PointeNorth Acquires AIE; United to Sell Personal Lines
Dec 17 2021 // PointeNorth Insurance Group, a regional agency, has acquired Alabama Insurance Exchange, based in Birmingham, the company said in a news release. AIE is now part of the PointeNorth Alliance, which offers access to...
How Personal Lines Insurance Sector Will Fare in 2022
Dec 2 2021 // Thanks in part to higher surplus levels and favorable risk-adjusted capitalization at the start of 2021, the U.S. personal lines insurance segment has managed to navigate the challenges of this year including above-average...
Removing Insurance Risk Scores From Personal Lines Rating Is Not the Answer for Fairness and Consumer Financial Hardship Concerns
Oct 14 2021 // This post is part of a series sponsored by TransUnion. Insurance pricing is a complex, multi-variate process. One important variable in the mix is a credit-based insurance score (hereafter, insurance risk score)....
New MGA Hoxton Insurance Services Offers Mid/High Net Worth Personal Lines Cover
Aug 11 2021 // Hoxton Insurance Services, a new managing general agent (MGA) that trades exclusively through brokers, has been launched by MGA specialist, NuVenture International Ltd. Focusing on mid and high net worth personal lines...
Goosehead Unveils ‘Digital Agent’ Platform for Personal Lines Consumers
Aug 11 2021 // Insurance technology company Goosehead Insurance Inc. will launch on Wednesday a web-based service aimed at people shopping for personal coverage online, extending its reach beyond traditional agents now using the system,...
Housing Market Boosts Personal Lines Shopping But Auto Still Lags
Jul 5 2021 // Shopping for personal lines insurance is showing signs of returning to pre-pandemic levels in the U.S., according to a new TransUnion report. Auto insurance remains a big exception, however. The consulting firm found in...
Hot Housing Market Boosts Personal Lines Insurance Shopping But Auto Still Lags
Jun 28 2021 // Shopping for personal lines insurance is showing signs of returning to pre-pandemic levels in the U.S., according to a new TransUnion report. Auto insurance remains a big exception, however. The consulting firm found in...
Insurors Indemnity to Buy Colonial Lloyds, Expanding Residential Coverage
Jun 15 2021 // Waco, Texas-based Insurors Indemnity has signed a definitive agreement to purchase insurance carrier Colonial Lloyds, headquartered in Fort Worth, pending regulatory approval. Colonial Lloyds has been serving the Texas...
Compensating Personal Lines Producers & Account Managers
May 17 2021 // Personal lines production seems to be a larger focus now for property/casualty agencies today. A question that our clients often ask us is regarding how to compensate personal lines staff for production. The short answer...
Why Its Bid for The Hartford Is a Personal Lines ‘Chess’ Move by Chubb
Mar 19 2021 // While Chubb’s $23.2 billion opening bid for The Hartford appears to be mostly a commercial lines play to many observers, one experienced industry observer has a different take on it. Chubb CEO Evan Greenberg would...
Louisiana’s Dwight Andrus Insurance Adds Hebert as VP, Personal Lines
Mar 11 2021 // Lafayette, Louisiana-based Dwight W. Andrus Insurance Inc. has hired Henri Hebert as vice president of Personal Lines — a newly created role. Hebert will be tasked with creating and implementing the future business...
