Personal Lines

Insurance adjusters are already on their way to an area near Waco, Texas affected by an enormous blast at a fertilizer plant Wednesday night that sent a mushroom cloud into the sky.

California insurance regulators have been able to shore up a mutual California homeowners insurer weakened by the housing bust through a complex mutual-to-stock conversation.

California insurance regulators have been able to shore up a mutual California homeowners insurer weakened by the housing bust through a complex mutual-to-stock conversation.

The Northbrook, Ill.-based insurer says it incurred pretax catastrophe losses of $198 million for the month of March.

British insurer Aviva Plc will cut as many as 2,000 jobs worldwide in the latest cost-cutting drive aimed at revitalising its flagging fortunes, the company confirmed on Thursday.

State Farm reports that damage caused by wind and hail cost the insurer and its policyholders more than $3.9 billion in 2012. Click to see the top 10 states with the most wind and hail losses.