Personal Lines

Auto-insurance experts are falling into two camps regarding the future of telematics: good drivers will choose telematics policies that will ultimately be cheaper than classic policies, or bad/new drivers will choose telematics policies to build or improve their experience before switching to a classic policy.

NICB released a report on motorcycle thefts in the U.S. for 2012, based on National Crime Information Center motorcycle theft data.

In keeping with a larger upward trend, P&C insurers increasingly see value in M&A activities to bolster product portfolios and enable growth.

Tower Group International says there is substantial doubt about [its] ability to continue as a going concern" after reporting a $507.3 million 2013 second-quarter net loss due in large part to over $300 million in reserve strengthening reported last month.

The First District Court of Appeals has dismissed a motion for a rehearing on its ruling to reverse an injunction placed on reforms to Florida's personal injury protection auto insurance system.

The First District Court of Appeals has dismissed a motion for a rehearing on its ruling to reverse an injunction placed on reforms to Florida's personal injury protection auto insurance system.