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Travelers Cos. posted a record operating profit that breezed past Wall Street estimates and said it expects to keep raising premiums to counter low interest rates and potential losses from natural disasters.
Insurance telematics likely will go mainstream within five years, will have a medium-to-large impact on the auto-insurance market, and even though privacy concerns remain an obstacle, consumers are willing to have telematics devices installed in their cars if they can save enough on insurance, according to a recent survey.
Insurance telematics likely will go mainstream within five years, will have a medium-to-large impact on the auto-insurance market, and even though privacy concerns remain an obstacle, consumers are willing to have telematics devices installed in their cars if they can save enough on insurance, according to a recent survey.
An insurer gets more than it bargained for when a Missouri court allows equitable subrogation because of the primary insurers bad-faith refusal to settle an auto claim.
Massachusetts Insurance commissioner Joseph G. Murphy said the insurance industry, as it has repeatedly, responded well to the terrorist bombings during the Boston Marathon earlier this year.
Massachusetts Insurance commissioner Joseph G. Murphy said the insurance industry, as it has repeatedly, responded well to the terrorist bombings during the Boston Marathon earlier this year.
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