Personal Lines

The benefits of telematics-based auto-insurance products could go beyond better risk selection and pricing, and could include better fraud detection and the ability to provide feedback to consumers on CO2 emissions, fuel consumption and other factors that may lower the cost of driving, according to a Celent report.

The benefits of telematics-based auto-insurance products could go beyond better risk selection and pricing, and could include better fraud detection and the ability to provide feedback to consumers on CO2 emissions, fuel consumption and other factors that may lower the cost of driving, according to a Celent report.

XL Group says it now has final approval from Brazilian regulators to start insurance operations in the South American county.

XL Group says it now has final approval from Brazilian regulators to start insurance operations in the South American county.

Florida Citizens Property Insurance Corp. is considering the use of private reinsurance, and its risk-transfer plan this year could also include the issuance of its first catastrophe bond.

Florida Citizens Property Insurance Corp. is considering the use of private reinsurance, and its risk-transfer plan this year could also include the issuance of its first catastrophe bond.

Sixteen New Yorkers are the targets of the latest fraud lawsuit filed in the state by Allstate Insurance.

While the total dollar value of claims may not wind up being catastrophic, the damage done was certainly dramatic during the spree of car bombings that struck Los Angeles over the New Year's weekend.