Latest Personal Lines Headlines

All the headlines from our Personal Lines Topic Page, ordered by recency.

New Course for Insurance Professionals and CSRs: Other Personal Lines Solutions

Apr 27 2023 // April 27, 2023, Austin, TX – Insurance professionals who want to enhance their knowledge of personal lines insurance can now enroll in the CISR Other Personal Lines Solution course administered by The National...

Insurer RSA Exits UK Personal Lines Motor Market to Focus on Core Businesses

Mar 28 2023 // UK insurer RSA announced it is exiting the UK personal lines motor market to focus on its core lines.The company explained the move by saying that the personal lines motor market in the UK remains extremely competitive and...

People Moves: Valley Insurance Hires Weis as Personal Lines Coach; Ryan Specialty Promotes VanAcker to EVP

Mar 10 2023 // Valley Insurance Agency Alliance Hires Weis as Personal Lines CoachValley Insurance Agency Alliance (VIAA) recently hired Brett Weis as personal lines coach. Weis will work with the VIAA’s development team and coach...

People Moves: Valley Insurance Agency Alliance Promotes McCoy to Powers Personal Lines Manager; Church Mutual Promotes Two Assistant VPs

Feb 24 2023 // Valley Insurance Agency Alliance Promotes McCoy to Personal Lines Manager at PowersValley Insurance Agency Alliance (VIAA), a cohesive family of more than 160 independent insurance agencies in Missouri and Illinois,...

Liberty Mutual Tackling U.S. Personal Lines Challenges

Feb 24 2023 // The story of U.S. personal lines challenges impacting the results of multiline insurers was repeated for Liberty Mutual, which reported underwriting losses and waning policy growth in the segment in 2022.President and...

Insider’s Report on Personal Lines Market: What’s Changed, What to Expect & How to Prepare

Nov 21 2022 // The personal lines sector took a beating in 2022 due to significant deterioration in personal auto, as well as rising loss cost severity, pricing pressures and elevated reinsurance costs. Added to these challenges for...

UPC Reports $173M Loss for Q3, Begins Personal Lines Non-Renewals Jan. 1

Nov 14 2022 // The parent company of United Property & Casualty Co., already working to close up shop in Florida and other states after years of financial setbacks, reported a $173 million net loss for the third quarter of this...

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 LinesDavid 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 AppNew 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 AppointmentsDUAL, 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...