Allstate Corp. says first-quarter net income increased about 46 percent to $766 million as its strategy to improve margins in auto and homeowners insurance is paying off, Allstate's CEO says.

First quarter net income at The Hartford was down about 81 percent to $96 million, as net losses from runoff operations totaled $378 million. Core earnings were up 7 percent.

First quarter net income at The Hartford was down about 81 percent to $96 million, as net losses from runoff operations totaled $378 million. Core earnings were up 7 percent.

Progressive Corp. has filed separate patent-infringement lawsuits against Hartford Financial Services and State Farm over usage-based-auto insurance.

Progressive Corp. has filed separate patent-infringement lawsuits against Hartford Financial Services and State Farm over usage-based-auto insurance.

Liberty Mutual has restructured its reinsurance program to be better prepared for storms, says its president and chief executive officer.

Agents, company reps and victims of tornadoes that swept through Alabama in April 2011 share stories of an industry stepping up in ways beyond just claims payments.

Editors Note: As much as we love to sound off each week, we love even more the chance to speak with interesting industry executivesand to share their perspectives on crucial trends with you.