Personal Lines

Texas Insurance Commissioner Eleanor Kitzman is seeking an outside firm to look into restructuring what she calls an unsustainable last-resort insurer.

Texas Insurance Commissioner Eleanor Kitzman is seeking an outside firm to look into restructuring what she calls an unsustainable last-resort insurer.

After a near-record number of tornadoes in 2011, this year is gearing up to be another active season, according to AccuWeather.com.

China agreeing to open up its mandatory third-party liability motor vehicle insurance market to foreign insurance companies is credit positive for those insurers, says Moodys.

China agreeing to open up its mandatory third-party liability motor vehicle insurance market to foreign insurance companies is credit positive for those insurers, says Moodys.

Insurers are shifting the cost of risk to consumers and taxpayers, side stepping their traditional role of risk-takers and becoming experts at risk-avoidance, according to a report from the Consumer Federation of America.