Insurance Journal » Personal Lines http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Wed, 01 Apr 2015 20:11:49 +0000 en-US hourly 1 http://wordpress.org/?v=4.1.1 U.K.’s Direct Line 2014 Profit Misses Estimates on Less Premiums Written http://www.insurancejournal.com/news/international/2015/03/03/359081.htm Tue, 03 Mar 2015 08:46:00 +0000 http://www.insurancejournal.com/?p=359081 Direct Line Insurance Group plc reported 2014 pretax profit that missed analyst estimates as the British home and car insurer wrote less premiums. Pretax profit for continuing operations rose 12 percent to 456.8 million pounds ($702.8 million) in the year to …

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ACE Forms Travel Insurance Partnership with Transavia Airlines http://www.insurancejournal.com/news/international/2015/03/02/358954.htm Mon, 02 Mar 2015 10:02:56 +0000 http://www.insurancejournal.com/?p=358954 ACE Group has signed a partnership agreement with Transavia to provide the airline’s customers with travel and flight cancellation insurance cover. Transavia, based in The Netherlands, is a member of the Air France KLM Group, and provides scheduled and charter …

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Western Security Surplus Enlists Tania V. Strickland to Head New San Antonio Office http://www.insurancejournal.com/services/newswire/2015/02/23/357328.htm Mon, 23 Feb 2015 11:00:27 +0000 http://www.insurancejournal.com/?p=357328 Plano, TX, February 23, 2015- Kyle Stevens, President/CEO of WSS announced that the company has hired Tania Strickland as a new Senior Broker and Regional Vice President. Strickland will be heading a new Central Texas office located in San Antonio, …

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Commercial Rates Continue on Slow Slide; Personal Lines Rates Moderate: Survey http://www.insurancejournal.com/news/national/2014/11/05/346029.htm Wed, 05 Nov 2014 18:19:43 +0000 http://www.insurancejournal.com/?p=346029 The composite rate for U.S. commercial insurance was plus 1 percent in October 2014 while the composite rate for U.S. personal lines was plus 3 percent for the month, according to MarketScout’s monthly analysis of market conditions. “As expected, the …

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Boats on Northern Indiana River Targeted by Theives http://www.insurancejournal.com/news/midwest/2014/10/29/345274.htm Wed, 29 Oct 2014 16:18:47 +0000 http://www.insurancejournal.com/?p=345274 Thieves are taking batteries and other items from boats docked along a northern Indiana river near South Bend, according to local authorities. St. Joseph County police have received more than a dozen theft reports over the past couple of weeks …

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Atlantic Specialty Lines Hires Personal Lines Producer, Rob Hardway http://www.insurancejournal.com/services/newswire/2014/10/23/343475.htm Thu, 23 Oct 2014 10:00:02 +0000 http://www.insurancejournal.com/?p=343475 Austin, TX, October 23, 2014- Atlantic Specialty Lines (ASL), a wholesale broker and specialty lines MGA offering a variety of property, casualty, auto, professional, and personal lines coverages, is continuing its growth in Texas by announcing the addition of Rob …

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Wells Fargo, Telemundo Partner on Financial Literacy Campaign for Hispanics http://www.insurancejournal.com/news/west/2014/10/21/343725.htm Tue, 21 Oct 2014 12:08:19 +0000 http://www.insurancejournal.com/?p=343725 Wells Fargo of San Francisco has partnered with Miami-based media giant Telemundo for a six-week media campaign targeting financial literacy within the Hispanic community. Launched Oct. 13, “Conversemos de Tus Finanzas” is focused on empowering Hispanics to enhance their financial …

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Large Agencies More Optimistic About Future Growth: Vertafore Study http://www.insurancejournal.com/news/national/2014/10/17/344021.htm Fri, 17 Oct 2014 17:09:41 +0000 http://www.insurancejournal.com/?p=344021 Optimism over the future growth potential of independent agencies ties closely to the size of the independent agency, with larger agencies feeling more optimistic about future growth than their smaller counterparts, according to a new industry study. Some 70 percent …

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Cunningham to Become CEO of IAT Reinsurance http://www.insurancejournal.com/news/international/2014/10/17/343923.htm Fri, 17 Oct 2014 10:34:38 +0000 http://www.insurancejournal.com/?p=343923 IAT Reinsurance Company Ltd., the privately owned Bermuda insurer, announced that Peter R. Kellogg is retiring as chief executive officer, a position he has held since the company’s founding in the early 1980s. William Cunningham will assume the role of …

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Atlantic Specialty Lines Hires 32-year Insurance Industry Veteran, Suzy Popplewell-Baird http://www.insurancejournal.com/services/newswire/2014/10/16/343436.htm Thu, 16 Oct 2014 10:00:18 +0000 http://www.insurancejournal.com/?p=343436 Houston, TX, October 16, 2014- Atlantic Specialty Lines (ASL), a wholesale broker and specialty lines MGA offering a variety of property, casualty, auto, professional, and personal lines coverages, is announcing a major addition to their Houston office. Looking to solidify …

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Arc Legal Questions CMA Finding on Motor Policy Add-Ons http://www.insurancejournal.com/news/international/2014/09/29/341812.htm Mon, 29 Sep 2014 09:52:37 +0000 http://www.insurancejournal.com/?p=341812 Arc Legal Assistance has questioned whether the publication of claims ratios at the point of sale would provide an accurate measure of the benefits and value of a motor legal expenses insurance policy. Arc Legal, a London-based provider of legal …

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Direct Line Sells Overseas Businesses to Mapfre http://www.insurancejournal.com/news/international/2014/09/25/341566.htm Thu, 25 Sep 2014 09:11:39 +0000 http://www.insurancejournal.com/?p=341566 Direct Line Insurance Group Plc sold its German and Italian businesses to Spain’s Mapfre SA for €550 million ($700 million) as the company pares back its international operations to cut costs and pay a dividend. The U.K.’s biggest home and auto insurer expects …

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Fireman’s Fund Enhances Prestige Home Premier Product http://www.insurancejournal.com/news/national/2014/09/16/340529.htm Tue, 16 Sep 2014 10:00:37 +0000 http://www.insurancejournal.com/?p=340529 Fireman’s Fund has unveiled new coverages and enhancements to its Prestige Home Premier product, now available in six states and filing nationwide through 2016. Homeowners in Arizona, Colorado, Connecticut, Illinois, Missouri, and Oregon are now eligible for the new product, …

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Lighthouse Insurance Expands Homeowners Program to North Carolina http://www.insurancejournal.com/news/southeast/2014/09/09/340011.htm Tue, 09 Sep 2014 15:56:06 +0000 http://www.insurancejournal.com/?p=340011 Beginning in November 2014, Lighthouse Property Insurance Corp. will offer homeowners insurance and flood insurance throughout North Carolina. While Lighthouse will debut in the state with only homeowners and flood, it expects to introduce a dwelling fire product in 2015. …

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EFG Companies Launch Extended Vehicle Warranty Product http://www.insurancejournal.com/news/national/2014/08/27/338763.htm Wed, 27 Aug 2014 16:56:23 +0000 http://www.insurancejournal.com/?p=338763 EFG Companies has launched a vehicle service contract (VSC) called Simplicity Vehicle Protection that gives agents and brokers the ability to sell an extended warranty to clients after the purchase of the vehicle. With Simplicity Vehicle Protection, agents and managing …

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EPIC Launches Education Protector for Student Athletes http://www.insurancejournal.com/news/national/2014/08/26/338631.htm Tue, 26 Aug 2014 16:59:44 +0000 http://www.insurancejournal.com/?p=338631 Silicon Valley-based EPIC Insurance Brokers has launched a new policy designed to protect high school athletes who have received a verbal offer for an athletic scholarship or grant from an NCAA Division I or Division II sports program. Education Protector …

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Boston Is Tops When It Comes to Risky Drivers: Study http://www.insurancejournal.com/news/national/2014/08/26/338568.htm Tue, 26 Aug 2014 15:24:07 +0000 http://www.insurancejournal.com/?p=338568 Drivers in Boston and Worcester, Massachusetts, are the most accident-prone in the U.S., landing at the bottom of an annual ranking of the nation’s 200 biggest urban areas by Allstate Corp. Worcester’s drivers have a collision every 4.3 years on …

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Lighthouse Property Insurance Launches Dwelling Fire Product in South Carolina http://www.insurancejournal.com/news/southeast/2014/07/10/334226.htm Thu, 10 Jul 2014 15:31:54 +0000 http://www.insurancejournal.com/?p=334226 Owners of South Carolina rental properties have the option of insuring their residences through Lighthouse Property Insurance Corp. beginning July 14. The coverage is available for rental residence or an owner-occupied home. Optional personal liability coverage and the ability to …

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Home Emergency Insurance Solutions Relaunches Home Protection Plans in California http://www.insurancejournal.com/news/west/2014/07/03/333822.htm Thu, 03 Jul 2014 17:00:09 +0000 http://www.insurancejournal.com/?p=333822 HomeServe USA’s subsidiary Home Emergency Insurance Solutions (HEIS), is relaunching its optional Water Service Line Insurance plans as home protection plans to more than 425,000 households across the state of California. A mailing outlining the new benefits of the Plans …

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MAPFRE Insurance Enters Pennsylvania Auto, Home Insurance Market http://www.insurancejournal.com/news/east/2014/07/03/333812.htm Thu, 03 Jul 2014 16:52:10 +0000 http://www.insurancejournal.com/?p=333812 MAPFRE Insurance has entered the Pennsylvania insurance market. MAPFRE’s operations in Pennsylvania will be headquartered in King of Prussia and the company will offer private passenger automobile and homeowners insurance to customers through its network of independent agents. MAPFRE’s launch …

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American Integrity Insurance Launches High Value Home Insurance http://www.insurancejournal.com/news/southeast/2014/05/12/328853.htm Mon, 12 May 2014 16:54:47 +0000 http://www.insurancejournal.com/?p=328853 American Integrity Insurance Group, a Florida residential, new business property insurance company, will now offer a policy designed for Floridians with owner occupied, primary residences valued from $750,000 to $1.5 million. In addition to the coverage provided for the dwelling …

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Ironshore Personal Lines Launches Boat, Watercraft Coverage for High-Net Worth Clients http://www.insurancejournal.com/news/national/2014/05/08/328663.htm Thu, 08 May 2014 16:59:09 +0000 http://www.insurancejournal.com/?p=328663 Ironshore’s personal lines unit now offers an endorsement option for personal watercraft coverage for high net worth insured homeowners.  Ironshore’s watercraft program provides “all risk” coverage for watercraft, including jet skis and boats.  Coverage can be obtained for multiple boats …

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ANE, Hyundai Marine & Fire Launch New Homeowners Insurance Program http://www.insurancejournal.com/news/national/2014/05/08/328658.htm Thu, 08 May 2014 16:56:44 +0000 http://www.insurancejournal.com/?p=328658 ANE, Agency Network Exchange, has formed an agreement with Hyundai Marine & Fire Insurance Co. that gives its members direct access to Hyundai’s new homeowners insurance product. ANE and its member agents collaborated with Hyundai to develop this product, which …

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Terre Haute, Indiana Sees Rise in Mo-Ped Thefts http://www.insurancejournal.com/news/midwest/2014/05/06/328400.htm Tue, 06 May 2014 16:51:34 +0000 http://www.insurancejournal.com/?p=328400 With gas prices close to $4 per gallon, Terre Haute resident Russell Moffatt had been happy to park his gas-guzzling pickup truck in favor of a fuel efficient mo-ped that he could ride to work. That is, until someone stole …

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Security First to Offer Ironshore’s Primary Flood for High-Value Properties in Florida http://www.insurancejournal.com/news/southeast/2014/04/09/325892.htm Wed, 09 Apr 2014 16:32:15 +0000 http://www.insurancejournal.com/?p=325892 Security First Managers, LLC, a Florida-based managing general agent for high value homeowners programs, is expanding the flood coverage it offers utilizing Ironshore insurance capacity. Security First Managers can now offer primary flood insurance of $500,000 to its customers, in …

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Ironshore Personal Lines Adds Fine Arts, Valuables Endorsement http://www.insurancejournal.com/news/national/2014/04/07/325667.htm Mon, 07 Apr 2014 16:37:56 +0000 http://www.insurancejournal.com/?p=325667 Ironshore’s Personal Lines unit has expanded coverages available for high-net worth insured homeowners.  Ironshore clients can now obtain an endorsement for itemized fine art, jewelry, private collections, and other personal valuables.  Ironshore’s ‘personal articles floater’ is available to homeowner insureds …

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Ironshore Personal Lines Launches Primary Flood Coverage for High Value Homes http://www.insurancejournal.com/news/national/2014/04/02/325167.htm Wed, 02 Apr 2014 16:47:10 +0000 http://www.insurancejournal.com/?p=325167 Ironshore’s Personal Lines unit has expanded property coverage protection for high net worth homeowners.  Ironshore will offer a primary flood option as part of its homeowners insurance for properties valued at $1 million or more in selected states nationwide. By …

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Crestbrook Insurance Expands into California, More States to Come http://www.insurancejournal.com/news/west/2014/03/28/324712.htm Fri, 28 Mar 2014 16:55:32 +0000 http://www.insurancejournal.com/?p=324712 Crestbrook Insurance Co., an affluent market personal lines carrier, has expanded its products and services to independent agents and their clients in California. After launching in Illinois last October, the Nationwide Insurance subsidiary will continue to expand into Washington, Arizona, …

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Burand’s Agency E&O Blog: Tip #56 http://www.insurancejournal.com/blogs/agency-e-o/2014/03/27/324290.htm Thu, 27 Mar 2014 15:00:19 +0000 http://www.insurancejournal.com/?p=324290 Personal Lines Quote Sheets. In most agencies, CSRs base their personal lines quotes off the data gathered per their quote sheets. Two common problems exist using quote sheets. The first is many agencies’ quote sheets are inadequate. The questions are …

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Hartford Steam Boiler Announces Help Desk Service for Homeowners http://www.insurancejournal.com/news/national/2014/03/20/323824.htm Thu, 20 Mar 2014 16:47:19 +0000 http://www.insurancejournal.com/?p=323824 The Hartford Steam Boiler Inspection and Insurance Co. (HSB) is now offering technical support services for homeowners through a partnership with Sutherland Global Services (Sutherland), a provider of business process outsourcing. The services are available as part of MyHomeWorks, a …

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