Personal Lines

The property and casualty industry posted its first half-year underwriting profit since 2007 and saw net income and pretax operating income increase by 65 percent and 40 percent respectively compared to 2012s first half, a new report states.

Florida, Louisiana and Massachusetts are all taking steps to help residents in coastal areas deal with potential huge increases in flood insurance premiums.

Florida, Louisiana and Massachusetts are all taking steps to help residents in coastal areas deal with potential huge increases in flood insurance premiums.

The Florida Office of Insurance Regulation has licensed Elements Property Insurance Co. to write homeowners insurance in Floridaa state always in need of addition capital due to its high risk of hurricanes, alleged fraud, and other perils such as sinkholes.

The Florida Office of Insurance Regulation has licensed Elements Property Insurance Co. to write homeowners insurance in Floridaa state always in need of addition capital due to its high risk of hurricanes, alleged fraud, and other perils such as sinkholes.

The National Association of Mutual Insurance Companies is asking the Senate to resist calls to delay or rescind scheduled flood insurance rate increases, arguing that the rates must adequately reflect the risks.