Personal Lines

House Republicans are going to let the 112th Congress expire Wednesday without action on a Superstorm Sandy relief bill that includes a 50 percent increase in the National Flood Insurance Programs borrowing authority.

House Republicans are going to let the 112th Congress expire Wednesday without action on a Superstorm Sandy relief bill that includes a 50 percent increase in the National Flood Insurance Programs borrowing authority.

After catastrophes in 2011 drove down net income for the first nine months of that year, a relatively benign first nine months in 2012 led to a rebound in insurers results, showing the large role weather plays for the insurance industry.

The House drew the nation back from the fiscal cliff Tuesday night when it approved legislation that, amongst other provisions, makes the current estate-tax policy permanent.

The House drew the nation back from the fiscal cliff Tuesday night when it approved legislation that, amongst other provisions, makes the current estate-tax policy permanent.

While technology has made it inarguably easier for consumers to purchase policies direct online from an insurer, one insurance executive says he is doubling down on agents, giving them increased underwriting and claims authority.