Personal Lines

The Congressional Budget Office says efforts to delay flood-insurance rate hikesas proposed in a Senate bill under considerationwould add $2.2 billion to the National Flood Insurance Programs debt over 10 years, raising concerns that the bill will run into strong opposition in the House.

An Arizona appellate court ruled that the prohibited dog exclusion in a policy's animal-liability endorsement barred coverage for negligence claims against an insured when he failed to inform a plaintiff bitten by his pit bull whether the dog had received rabies shots.

While property and casualty insurers face market conditions and additional obstacles that may be outside of their control, that doesnt mean they dont have the ability to shape their own destinies.

While property and casualty insurers face market conditions and additional obstacles that may be outside of their control, that doesnt mean they dont have the ability to shape their own destinies.

Worldwide insured losses came to $31 billion, with the United States leading the pack even though U.S. losses were far below the 2000-to-2012 average of $29.4 billion.

A vote to delay flood-insurance rate hikes for up to four years will likely be delayed as the Senate decided to take up other issues.