Personal Lines

A spokesman for the Florida Office of Insurance Regulation said that many insurers have expressed interested in providing coverage for policyholders with suspended home insurer Coral Insurance Co.

Despite continued increases in loss costs, the private passenger auto insurance industry should continue to remain profitable, benefiting from the weak economy, a financial analyst said.

The G-20 meeting generated a number of proposals that if implemented would have a strong benefit for U.S. insurers, according to officials at an industry trade group.

Bills to ease rules for bringing "bad faith" lawsuits in claim disputes have been introduced in a growing number of state legislatures, but so far insurance interests have been winning.

A study of auto crash injury claims has found that in collisions where vehicles had front and side airbag systems, injuries were less severe and claim costs were lower.

Dearborn, Mich.-based insurer Auto Club Insurance Association (ACIA) said it has acquired MEEMIC Insurance Company and its insurance agency affiliate MEEMIC Insurance Services Corp. Terms of the deal were not released, a company spokeswoman said.