Personal Lines News

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UK Personal Lines Insurers Adjust to New Pricing Rules. Is Premium Volatility Ahead?

Jan 6 2022 // UK insurers are adjusting to new pricing rules for personal motor and household premiums, which could bring some pricing volatility in the coming months as insurers struggle with the implementation. The rules, which went...

Business Moves: PointeNorth Acquires AIE; United to Sell Personal Lines

Dec 17 2021 // PointeNorth Insurance Group, a regional agency, has acquired Alabama Insurance Exchange, based in Birmingham, the company said in a news release. AIE is now part of the PointeNorth Alliance, which offers access to...

How Personal Lines Insurance Sector Will Fare in 2022

Dec 2 2021 // Thanks in part to higher surplus levels and favorable risk-adjusted capitalization at the start of 2021, the U.S. personal lines insurance segment has managed to navigate the challenges of this year including above-average...

Removing Insurance Risk Scores From Personal Lines Rating Is Not the Answer for Fairness and Consumer Financial Hardship Concerns

Oct 14 2021 // This post is part of a series sponsored by TransUnion. Insurance pricing is a complex, multi-variate process. One important variable in the mix is a credit-based insurance score (hereafter, insurance risk score)....

New MGA Hoxton Insurance Services Offers Mid/High Net Worth Personal Lines Cover

Aug 11 2021 // Hoxton Insurance Services, a new managing general agent (MGA) that trades exclusively through brokers, has been launched by MGA specialist, NuVenture International Ltd. Focusing on mid and high net worth personal lines...

Goosehead Unveils ‘Digital Agent’ Platform for Personal Lines Consumers

Aug 11 2021 // Insurance technology company Goosehead Insurance Inc. will launch on Wednesday a web-based service aimed at people shopping for personal coverage online, extending its reach beyond traditional agents now using the system,...

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