Personal Lines

The Institute of International Finance says regulators need to coordinate development of reforms affecting the banking and insurance industries to avoid unintended consequences.

The Institute of International Finance says regulators need to coordinate development of reforms affecting the banking and insurance industries to avoid unintended consequences.

Members of the National Association of Professional Allstate Agents have overwhelmingly voted to affiliate with the Office and Professional Employees International Union.

Nine weather-related disasters this year have cost at least $1 billion in economic losses, which ties the record number of disasters the United States experienced in 2008and the hurricane season still looms, says the National Oceanic and Atmospheric Administration.

Florida Insurance Commissioner Kevin McCarty says fraud and abuse in the states personal injury protection insurance system is largely to blame for a 70 percent increase in PIP claims paid since 2008.

Florida Insurance Commissioner Kevin McCarty says fraud and abuse in the states personal injury protection insurance system is largely to blame for a 70 percent increase in PIP claims paid since 2008.

Progressive says its July net income dropped 55 percent over the same period last year on $23 million in catastrophe losses.

Florida CFO Jeff Atwater has appointed Nancy Baily and Rob Wallace to the board of governors for Citizens Property Insurance Corp.