Latest Personal Lines Headlines

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

The Hanover Adds Watercraft Coverage to Personal Lines Product Suite

May 24 2019 // The Hanover Insurance Group, Inc. has expanded its suite of personal lines insurance products to include a new watercraft insurance offering.As part of the new offering, The Hanover’s watercraft product will offer:...

Insurtech Agency Nsure Launches Personal Lines Platform in Florida

May 2 2019 // Nsure, an all-digital licensed insurance agency based in Florida, has introduced technology to provide real-time quote comparisons for home and auto insurance through a digital platform that allows customers to purchase...

In Race for New Personal Lines Insurance Business, Exclusive Agents at Disadvantage

Apr 26 2019 // Personal lines insurers have only one option when it comes to growing their business: they must steal market share from competitors.That’s because each year brings very few new customers. Only about two to three...

New Jersey’s Meeker Sharkey & Hurley Appoints Crockett as VP of Personal Lines

Apr 17 2019 // Meeker Sharkey & Hurley has appointed Carrie-Ann Crockett as vice president of Personal Lines to lead the insurance agency’s team of personal line professionals providing home, auto and additional specialized...

Strong Tower in Arizona Names Anderson Vice President of Personal Lines

Apr 16 2019 // Strong Tower Insurance Group in Arizona has named Aaron A. Anderson vice president of personal lines. He was previously with American National as an agency development manager. He was a district sales manager for American...

Florida’s Citizens Says $200M in Reinsurance Needed to Protect Personal Lines Surplus

Apr 15 2019 // Citizens Property Insurance Corp. plans to purchase approximately $200 million in traditional reinsurance coverage for the 2019 hurricane season to protect its Personal Lines Account (PLA) surplus it says is exposed to...

North Carolina Personal Auto Rates to Increase by 1.6%

Apr 1 2019 // The North Carolina Rate Bureau has reached a settlement with the North Carolina Department of Insurance to raise personal auto insurance rates by 1.6 percent, according to a statement by NCDOI.The NCRB, which is not a part...

Insurer Introduces Revolutionary 3-Word Personal Insurance Policy

Apr 1 2019 // APRIL 1, 2019 — An insurance company that says it wants to simplify insurance has whittled its personal insurance policies for families down to three words.The new product, named TriWord, bundles property and casualty...

AIG Exits Individual Personal Lines Business in Canada

Mar 29 2019 // American International Group (AIG) has decided to stop underwriting new policies in its individual personal insurance lines of business in Canada, namely auto and homeowners.“We continually review our operations to...

Rates, Lower Loss Frequency, Innovation Drove Personal Auto Market Turnaround

Mar 29 2019 // After a weakened performance in 2015-2016, the U.S. private passenger auto segment has turned around as rate actions and underwriting initiatives have driven a 3.8-point year-over-year improvement in the sector’s...

Florida’s Citizens: $200M Reinsurance Buy Needed to Protect Personal Lines Surplus

Mar 28 2019 // Citizens Property Insurance Corp. plans to purchase approximately $200 million in traditional reinsurance coverage for the 2019 hurricane season to protect its Personal Lines Account (PLA) surplus it says is exposed to...

Big 3 Drive Personal Auto Insurance Recovery;

Feb 4 2019 // Signs of Rate Hike Fatigue AheadSteady improvement for U.S. personal auto insurance companies has culminated in the sector’s best underwriting performance in 10 years, according to Fitch Ratings in a report. The...

Delta General Agency Adds Buchtler as Personal Lines Manager

Jan 28 2019 // Sean Buchtler has joined Houston-based Delta General Agency Corp. as manager of Personal Lines.Buchtler has many years of underwriting and sales experience with a career focus in personal lines. He brings knowledge and...

Big 3 Drive Personal Auto Insurance Recovery; Signs of Rate Hike Fatigue Ahead

Jan 16 2019 // Steady improvement for U.S. personal auto insurance companies has culminated in the sector’s best underwriting performance in 10 years, according to Fitch Ratings in a report.The market improvement was driven by the...

Warren G. Bender Adds Makis as Personal Lines Account Executive in California

Dec 31 2018 // Warren G. Bender Co. has named Stephen Makis an account executive in its personal lines department. He has more than 16 years of experience in providing personal insurance consultation throughout California and other...

EMC Insurance Exits Personal Lines Business; Safeco to Accept Accounts from Agents

Oct 31 2018 // Liberty Mutual’s Safeco insurance has agreed to accept the $132.5 million in personal lines business of Iowa-based EMC Insurance Companies. Safeco is offering EMC’s independent agents the opportunity to...

Nguyen Promoted to Personal Lines Manager at Texas All Risk, Select General Agencies

Oct 11 2018 // Dallas-based Texas All Risk General Agency Inc. and Select General Agency LLC have promoted Binh Nguyen to personal lines manager.Nguyen will oversee underwriting and customer service for Texas All Risk homeowner’s...

New ISO Personal Property Product Targets Millennials, Empty Nesters

Oct 8 2018 // ISO, a Verisk business, has launched a new personal inland marine product designed to help insurers meet the personal property coverage needs of millennials and other consumers who may not stay in one place for long.The...

Chubb Names Parsons Sales Leader for North America Personal Risk Services

Oct 5 2018 // Chubb has appointed Mary Parsons, executive vice president, Sales and Distribution leader, for its North America Personal Risk Services (PRS) division.In this role, Parsons will be responsible for achieving profitable...

UK Regulator to Probe Personal Lines Providers for Overcharging Customers

Sep 28 2018 // Telecoms and financial services companies face an investigation by Britain’s competition regulator after consumer body Citizens Advice complained that customers who do not switch providers were being “ripped...