Personal Lines

Legislation establishing a national catastrophe fund has again been introduced in the House, and has again drawn the ire of perennial critics.

Regional insurers saw a significant improvement in 2012 underwriting results compared to 2011, but only one of six such companies studied by Fitch Ratings managed an underwriting profit for the year, and regionals posted a higher 2012 combined ratio than any other subsector Fitch analyzed.

The U.S. Supreme Court said on Tuesday a homeowner seeking to sue his insurer could not file suit in a state court considered friendly to plaintiffs.

USAA Group says 2012 was its second-costliest year ever for catastrophe losses$1.1 billion on 196,000 claims.

Disappointed with the publics initial response to an offer to test drive its telematics program, Snapshot, for free, Progressive Corp.s CEO says the insurer will launch an aggressive advertising campaign in an effort to catch consumers attention.

Disappointed with the publics initial response to an offer to test drive its telematics program, Snapshot, for free, Progressive Corp.s CEO says the insurer will launch an aggressive advertising campaign in an effort to catch consumers attention.