Latest Personal Lines Headlines
All the headlines from our Personal Lines Topic Page, ordered by recency.
Primary Carriers Note Restrictions on Personal Lines Terrorism Reinsurance
Sep 25 2002 // Property & Casualty insurers are reporting that reinsurers are imposing a number of the same types of terrorism exclusions and limitations in personal lines that are being put into action for commercial lines. The...
Top Three Texas Residential Insurers Under Investigation
Aug 5 2002 // Responding to moves by Farmers Insurance Company to further restrict coverages in homeowners policies it will write in the state, Insurance Commissioner Jose Montemayor expanded the state insurance department’s...
NAII Challenges Regulators to Move Personal Lines Modernization Forward
Jun 17 2002 // Insurers have called on the National Association of Insurance Commissioners (NAIC) to move forward on regulatory reform, beyond operational changes and its commercial lines’ model, by working with state legislators...
Chubb Unveils New Personal Insurance Web Site
May 8 2002 // The Chubb Group of Insurance Companies has launched www.chubb.com/personal, a new interactive online resource for both personal insurance agents and customers. Two key features of the new site are its co-branding...
Fiserv FSC Releases Multi-State, Internet-Based, Personal Lines Rating Engine
May 6 2002 // California-based Fiserv FSC, Inc. has released its new multi-state GatewayFSC Internet personal lines rating engine. GatewayFSC is designed for insurance companies, financial institutions, Internet insurance lead referral...
Fiserv FSC Releases Multi-State, Internet-Based, Personal Lines Rating Engine
May 3 2002 // California-based Fiserv FSC, Inc. has released its new multi-state GatewayFSC Internet personal lines rating engine. GatewayFSC is designed for insurance companies, financial institutions, Internet insurance lead referral...
Is the Texas Personal Auto Market Another Homeowners in the Making’
Apr 29 2002 // The personal automobile insurance market in Texas may not be approaching the crisis level at which the homeowners market currently finds itself, but signs indicate that it may be in for a rough ride. According to the Texas...
Personal Umbrella
Apr 15 2002 // Nuts & Bolts: The Independent Insurance Agents of Texas is offering stand-alone personal umbrella coverage through RLI Insurance Co. The program features 12 percent commission, three-day policy issuance, direct bill...
Neb. to Disapprove Terrorism, Nuclear Exclusions in Personal Lines
Feb 27 2002 // The Nebraska Insurance Department announced it will disapprove terrorism exclusions in personal lines insurance, including exclusions for nuclear and bio-terrorism risks. National Association of Independent Insurers (NAII)...
Mutual of Enumclaw Migrates Personal Lines onto Internet-based Sales Platform
Feb 27 2002 // Washington-based Mutual of Enumclaw announced that all personal lines products have migrated onto an Internet-based sales platform from IBQ Systems. Mutual of Enumclaw agents can now quote, rate, complete an application...
Personal Umbrella
Feb 25 2002 // Nuts & Bolts: Monarch E&S Insurance Services has available a personal umbrella program. Dollars: $1-, $2-, $3-, $4-, or $5 -million policy limits, minimum premiums of $175. Carrier: Navigators Insurance Co. rated...
Regulators Should be Deliberate, Flexible When Considering Personal Lines Terrorism Exclusions
Jan 18 2002 // The National Association of Independent Insurers (NAII) has urged insurance regulators to “move with deliberation…on terrorism exclusions for personal lines” and to remain flexible when considering such...
Legislation May Seek to Remedy Court Ruling on Personal Umbrella Policies
Jan 17 2002 // State legislators are expected to be asked to remedy an Alaska Supreme Court ruling that held personal umbrella policies are auto liability policies and therefore must offer uninsured/underinsured motorist coverage. The...
AAIS Develops Series of Personal Lines Endorsements
Dec 11 2001 // The American Association of Insurance Services (AAIS) has developed a series of personal lines’ endorsements insurers can use to address the recent growth in claims arising from mold. The endorsements are available...
NAII Calls on NCSL to Support Personal Lines Modernization
Nov 1 2001 // The National Association of Independent Insurers (NAII) is urging the National Conference of State Legislatures (NCSL) to support a model bill for the regulatory modernization of personal lines that provides a competitive...
Commerce Group to Take Over Mass. Personal Auto Business from Berkshire Mutual
Oct 5 2001 // The Commerce Group Inc. announced that it had entered into an agreement with Berkshire Mutual Insurance Co. to transfer Berkshire’s Massachusetts personal automobile business to its Mass. subsidiary, Commerce...
Selective Appoints Michael Williams Sr.VP – Personal Lines
Aug 29 2001 // Selective Insurance Group, Inc. of Branchville New Jersey announced the appointment of Michael L. Williams, CPCU as Senior VP of its personal lines insurance operations. Williams most recently served in senior level...
NCOIL Adopts Modernization Act in Effort to Modernize Personal Lines Regulation
Jul 18 2001 // The National Conference of Insurance Legislators (NCOIL) adopted a model bill that calls for states to adopt a use-and-file approach for personal lines rates, in what industry groups are calling a significant victory in...
S&P Revises Outlook on U.S. Personal Lines P/C Industry to Negative
Jul 11 2001 // Standard & Poor’s revised its outlook on the personal lines property/casualty sector (i.e., home and auto insurance) of the U.S. insurance industry to negative from stable. In conjunction with this rating...
New Online Referral System Provides Hartford Agents with Leads for Customers Seeking Personal Coverage
Jun 26 2001 // The Hartford Financial Services announced that a new system has been incorporated in The Hartford’s Personal Insurance Agency Locator on the company’s website, to capture consumer inquiries and enable agents to...
