Personal Lines

Flood-damaged vehicles offer a tempting opportunity for criminals to defraud unsuspecting consumers.

The outage forced the government to close schools and cancel classes at public universities. It also knocked out water service for 340,000 customers.

State Farm says it will not accept liability on the future sale of annuities or mutual funds. Meanwhile, Allstate, USAA and Nationwide plan to remain in the commission investment business.

Lemonade will sell homeowners and renters insurance, promising customers the ability to submit claims within minutes on their mobile devices.

Fueled with $191.5 million from billionaire Mark Cuban and other investors, Metromile Inc. is now poised to complete its journey as a full-service car insurance company.

The London insurance market shouldnt keep cutting rates to secure business because it may not be adequately pricing the risk it is taking on, the Bank of England said.