Latest Personal Lines Headlines
All the headlines from our Personal Lines Topic Page, ordered by recency.
MarketScout: Q1 Composite Personal Lines Rates Up 4.9%; Commercial Rates Up 3%
Apr 21 2025 // According to the MarketScout Market Barometer, the composite rate for U.S. personal lines kept rising in the first quarter to 4.9%, up from 4% during the prior three-month period. Richard Kerr, CEO of Novatae Risk Group,...
MarketScout: Q1 Composite Personal Lines Rates Up 4.9%; Commercial Rates Up 3%
Apr 7 2025 // According to the MarketScout Market Barometer, the composite rate for U.S. personal lines kept rising in the first quarter to 4.9%, up from 4% during the prior three-month period. Richard Kerr, CEO of Novatae Risk Group,...
Data Insight: Who’s Growing in Personal Lines?
Apr 1 2025 // A relative newcomer to the personal lines space—Lemonade—marked a milestone this week, announcing that it surpassed $1 billion of in force premiums, a measure of annualized premiums that the insurtech tracks on a...
US P/C Industry Improves Despite 2024 Underwriting Loss: Changes in Personal Lines Segment Driver of Expected Improvement
Mar 10 2025 // The U.S. property/casualty industry took another underwriting loss in 2024, but results improved thanks to rate increases and changes in risk selection, most notably in the personal lines sector. A report from industry...
Affordable Legal Insurance Now Available in the Personal Lines Marketplace through LawGuard®
Feb 18 2025 // WEST DES MOINES, Iowa, February 18, 2025 — LawGuard has introduced a new and innovative individual legal expense insurance product to the personal lines marketplace, creating opportunities for agencies and carriers...
Bringing Positive Vibes Back to Personal Lines Insurance
Feb 10 2025 // Nationwide’s Casey Kempton has a vision to bring positive vibes back to engagements between personal lines insurers and their customers—and it starts with understanding the “mental models” that...
People Moves: DOXA Expands Executive Leadership Team; JM Wilson Promotes Boles to Senior Personal Lines Underwriter
Feb 5 2025 // DOXA Expands Executive Leadership Team DOXA, headquartered in Fort Wayne, Indiana, hired five new executive leadership team members. Matt Bishop joined the team as head of operating entities and business verticals. He has...
AIG’s Hancock to Lead Global Personal Lines as Insurer Restructures Businesses
Jan 28 2025 // American International Group (AIG) said it is organizing into three segments and Jon Hancock will lead two of them. Jon Hancock Hancock will continue to lead AIG’s international commercial business and will also take...
MarketScout: 2024 Composite Personal Lines Rates Up 5.8%; Commercial Rates Up 3.8%
Jan 7 2025 // According to the MarketScout Market Barometer, the composite rate for U.S. personal lines increased about 5.8% in 2024 — the highest yearly jump in a dozen years. For the last quarter of 2024, the composite rate went up...
AM Best Revises Outlook for US Personal Lines Insurance Segment to ‘Stable’
Dec 2 2024 // AM Best has revised its outlook to stable from negative for the U.S. personal lines insurance segment for 2025, citing improved rate and pricing conditions, particularly in the auto insurance space, along with solid levels...
Safeco to Take Personal Lines Renewal Business of Main Street America
Dec 2 2024 // Liberty Mutual’s Safeco Insurance has agreed to take the personal lines business of Main Street America, marking the second time in two months that Safeco has stepped in to assume a personal lines book of business...
Safeco to Take Personal Lines Renewal Business of Main Street America
Nov 13 2024 // Liberty Mutual’s Safeco Insurance has agreed to take the personal lines business of Main Street America, marking the second time in two months that Safeco has stepped in to assume a personal lines book of business...
People Moves: Grange Insurance Names Carter VP, Personal Lines Sales & Strategic Distribution
Nov 7 2024 // Nicole Carter Grange Insurance Company, headquartered in Columbus, Ohio, named Nicole Carter as vice president, personal lines sales and strategic distribution, effective Jan. 1, 2025. Carter has nearly 30 years of...
Agent Satisfaction With Insurers Holds Strong; Erie Tops for Personal Lines
Oct 2 2024 // Overall agent satisfaction with insurers of both personal lines and commercial lines has held strong despite a challenging underwriting environment, says a new J.D. Power study, with commercial lines satisfaction reaching...
Personal Lines Turnaround Fuels US P/C Industry Underwriting Gain
Sep 17 2024 // A turnaround in the personal lines insurance segment results was a key driver of an overall $3.8 billion profit from underwriting for the U.S. property/casualty insurance industry, according to a new report from AM...
Main Street America Insurance Exits Personal Lines
Sep 16 2024 // Main Street America Insurance said it will stop offering personal lines insurance in favor of a commercial lines strategy. The Jacksonville, Florida-based insurer founded about 100 years ago in Keene, New Hampshire, said...
Main Street America Insurance Exits Personal Lines
Aug 30 2024 // Main Street America Insurance said Thursday it will stop offering personal lines insurance in favor of a commercial lines strategy. The Jacksonville, Florida-based insurer founded about 100 years ago in Keene, New...
Personal Lines Insurer Adirondack Exchange Withdrawing From New York
Jul 31 2024 // The New York personal lines carrier Adirondack Insurance Exchange (AIE) is facing financial difficulties and has told its agents and customers that it is working on a transition plan for all existing policies. The insurer...
Q2 2024 Personal Insurance Rates Up 7.6%: MarketScout
Jul 5 2024 // The average rate increase for U.S. personal lines coverages was about 7.6% in the second quarter, up from about 4.8% for the first three months of the year, according to MarketScout. Dallas-based MarketScout, a division of...
Markerstudy Completes Purchase of Ardonagh’s Personal Lines Broking Business
Jul 1 2024 // Markerstudy, the UK insurance group, has completed the purchase of the Ardonagh Group’s personal lines broking business, Atlanta Group, in a deal that was first announced in September 2023. While financial details of...
