Personal Lines

The Florida House on Friday night approved and sent to the Senate a measure designed to beef up the finances of the state-created home insurer of last resort and the Florida Hurricane Catastrophe Fund.

Wildfires, hurricanes, identity theft and floods. In most cases, these things just happen and can't be predicted. Disasters can strike anyone at any time.

While comparisons to mold and asbestos are inevitable, liability insurance exposures arising from the installation of tainted Chinese drywall in Southeast homes will not grow to asbestos-like proportions, legal experts predicted recently.

American International Group Inc. announced appointments today for two executives whom it said would have a major involvement in efforts to liquidate assets and restructure the firm to pay off government debt.

Chubb Corp. reported its first-quarter net income dropped 49 percent from the previous year, but the earnings were good enough to beat analysts' estimates by 5 cents a share.

Hartford Financial Services Group could possibly sell its property-casualty insurance operations for up to $7 billion, according to a UBS analysis issued after reports that the company is shopping the property.