All the headlines from our Personal Lines Topic Page, ordered by recency.
May 29 2013 // Willis North America, a unit of Willis Group Holdings, announced a series of appointments to its Personal Lines Practice as part of its succession plan. Willis’ Personal Lines Practice includes 250 private client and...
May 3 2013 // ACE Limited announced that it has completed the acquisition of Mexican personal lines insurer ABA Seguros from Ally Financial Inc. for approximately $690 million in cash, after a $175 million pre-closing dividend taken by...
Apr 3 2013 // Many believe there is still opportunity for independent insurance agents and their carriers to grab personal lines market share. But to do so they must find a way to compete against the giant direct response and captive...
Mar 11 2013 // After experiencing dwindling premiums for years, the property/casualty insurance industry managed to grow substantially in 2011. Independent agents and brokers hung onto their share of the market with some independent...
Mar 11 2013 // Top 40 Insurers/Homeowners Based on 2011 Texas Written Premium Rank Company $ Written Premium % of Market 1 State Farm Lloyds $1,678,075,665 28.09% 2 Allstate Texas Lloyd’s 462,398,477 7.74% 3 Texas Farmers Ins....
Mar 11 2013 // Many believe there is still opportunity for independent insurance agents and their carriers to grab personal lines market share. But to do so they must find a way to compete against the giant direct response and captive...
Feb 27 2013 // PCG Agencies Inc., a personal property/casualty insurance and risk management firm headquartered in St. Paul, Minn., has been named Travelers’ Midwest Personal Insurance Agency of the Year. PCG Agencies was chosen...
Feb 25 2013 // Lieutenant Governor and Department of Insurance Director Mary Taylor announced that Ohio’s average auto and homeowners insurance premiums are again among the lowest in the nation.According to 2010 data, the most...
Feb 20 2013 // It has come to the attention of the South Dakota Division of Insurance that uninsured motorist/underinsured motorist (UM/UIM) coverage is not always included in personal umbrella policies, the department announced.Umbrella...
Feb 13 2013 // San Diego, CA, 02/13/13 – American Claims Management, Inc. (ACM), a national third party administrator, has been awarded the claims handling for the Personal Auto Program from Everest National Insurance Company...
Jan 29 2013 // Plantation, Florida-based wholesale insurance broker Bass Underwriters hired Bruce E. Bowers as senior vice president for personal lines. Bowers will be responsible for new product development and the launching of personal...
Dec 7 2012 // Homeowners and automobile insurance rates are trending up, according to a new industry survey.The composite rate for insuring personal lines business in the United States increased to plus 4 percent for November 2012 as...
Oct 18 2012 // Beverly, Mass.-based Electric Insurance Co. has entered into an agreement for renewal rights to preferred personal lines business of Millers First Insurance Co. and Millers Classified Insurance Co. (collectively...
Oct 4 2012 // Insurance Noodle, part of Willis North America, has launched its immediate personal lines quoting hub. Expanding on the functionality of the company’s commercial lines quoting hub, the offering allows insurance...
Sep 19 2012 // Independent agents and their companies have over the years been beaten in the personal lines market by direct response carriers and captive agents.But being down so long means there is plenty of room for independent agents...
Sep 12 2012 // RLI Corp. is now offering a reduced liability attachment point for its personal umbrella policy for Florida residents. Personal umbrella coverage is now available to customers whose primary residence is in Florida and who...
Sep 5 2012 // Rates for personal lines insurance rose 3 percent in August 2012 compared to rates in August 2011, reported the national property/casualty insurance exchange MarketScout.“Homeowners rates increased by 3 percent on...
Jun 29 2012 // Fireman’s Fund Insurance Co. has appointed Joe Kinsey to the position of high net worth personal insurance executive for the eastern zone. In his new role, Kinsey has full underwriting and distribution responsibility...
Jun 1 2012 // ACE Private Risk Services, the high net worth personal insurance business of the ACE Group, and Generac Power Systems, a manufacturer of generators and engine powered products, have formed a program to help ACE clients...