Progressive's Peter Lewis Dies at 80 | Tower Group Job Cuts | Latest on Florida PIP

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November 25, 2013 PropertyCasualty360.com
First Notice Progressive Leader Peter B. Lewis Dies at 80 By Chad Hemenway, PropertyCasualty360.com Peter B. Lewis, the man behind massive growth and innovation at Progressive Corp., died Nov. 23 at the age of 80.…Read more Slideshow Top 10 Vehicle Technologies Mature Drivers Want in Their Cars By Hannah Bender, Phil Gusman, PropertyCasualty360.com, Caterina Pontoriero, PropertyCasualty360.com For mature drivers (age 50 and older), the knowledge that they are being assisted by vehicular technologies helps boost their confidence on the road, allowing them to feel safer and more in control. See which technologies are most in demand among mature drivers.…Read more Industry News Harleysville President, COO Browne to Retire May 1 By Chad Hemenway, PropertyCasualty360.com Harleysville Insurance president and COO Michael Browne will retire effective May 1. …Read more Tower Group Reserve Charges Cast Doubt on Future, Lead to Job Cuts By Phil Gusman, PropertyCasualty360.com Tower Group International says there is “substantial doubt about [its] ability to continue as a going concern" after reporting a $507.3 million 2013 second-quarter net loss due in large part to over $300 million in reserve strengthening reported last month.…Read more Motion for Rehearing of Florida PIP Injunction is Denied By Chad Hemenway, PropertyCasualty360.com The First District Court of Appeals has dismissed a motion for a rehearing on its ruling to reverse an injunction placed on reforms to Florida's personal injury protection auto insurance system. …Read more Get in-depth coverage of specialty lines of insurance on PropertyCasualty360.com’s Featured Lines pages. Get the info you need today! Of Much-Hyped Technologies for Insurers, Mobile Generating Most Buzz Among CIOs By Phil Gusman, PropertyCasualty360.com The insurance-technology space has seen newer ways to analyze data, interact with consumers and store information, but while CIOs in a recent survey indicated mobile capabilities are proving their worth, few responses related to other much-hyped areas such as social media, big data or cloud.…Read more Insurance Relief in Iran Nuclear Deal May Lift Oil Sales By Daniel Fineren, Reuters The easing of a ban on European insurance for shipments of Iranian oil may lift Iran's crude exports to big oil buyers in Asia, including India and China.…Read more Another Reprieve from Florida Hurricanes, but No Reprieve from History By Staff Writer As Floridians thank their lucky stars for an eight-year reprieve from hurricanes, it's important to recognize the absence of catastrophic windstorms can't rewrite Florida’s hurricane history. …Read more Around the Industry By Staff Writer News from FM Global, Hiscox USA, Privilege Underwriters, All Risks Ltd., Chubb and AssuredPartners Inc.…Read more Perspective The Sound and the Fury in the Midwest By Christina Bramlet, PropertyCasualty360.com Hunkered down in the basement, we waited as sirens wailed and lights flickered. Heavy rains and ferocious “straight line” winds were pulsing through our Cincinnati suburb.Read more Editors' Picks Printer Risk, Now in 3D! Top 7 States for Turkey Fryer Fires Confessions of an Insurance Subrogation Attorney Verisk Analysis: 4.5 Million Homes at Big Risk of Wildfire Thieves Thrive During Holiday Travel Comment of the Day Mr. Donelon should realize that it doesn't matter that his coastal areas are working homes rather than vacation or second homes. All homes in coastal areas are susceptible to loss and the rating should reflect the actual exposure, not the home ownership. — Billof Rights, Donelon Asks President to Hold Off Raising Flood Rates Featured Lines Environmental Insurance Connect with Us Subscribe to our eNewsletters Get the best of PropertyCasualty360.com, from market trends and news to the analysis you need – it's the information you need to solve your biggest business problems…so you can sleep at night. Check out PropertyCasualty360.com eNewsletters!
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