Personal Lines

If U.S. property and casualty insurers do not manage capital and maintain underwriting discipline after the many profit-draining factors the industry faced during the first nine months of 2011, some companies could feel the pressure of ratings downgrades, says insurance rating agency A.M. Best Co.

In what may amount to a little holiday reprieve for Allstate agents, the company says it will not cut base commissions as deeply as it originally announced, but the head of an agents group says the rank and file is still not pleased with the companys move.

In what may amount to a little holiday reprieve for Allstate agents, the company says it will not cut base commissions as deeply as it originally announced, but the head of an agents group says the rank and file is still not pleased with the companys move.

Holiday decorations and foods present a host of risks for our furry friends and pocket books.

Personal-auto insurers that are at the forefront in offering usage-based insurance products will gain a significant competitive advantage in pricing and policy retention, while companies that dont offer such products may face adverse selection in the future, according to Moodys Investors Service.

Personal-auto insurers that are at the forefront in offering usage-based insurance products will gain a significant competitive advantage in pricing and policy retention, while companies that dont offer such products may face adverse selection in the future, according to Moodys Investors Service.