Personal Lines

After catastrophes in 2011 drove down net income for the first nine months of that year, a relatively benign first nine months in 2012 led to a rebound in insurers results, showing the large role weather plays for the insurance industry.

The House drew the nation back from the fiscal cliff Tuesday night when it approved legislation that, amongst other provisions, makes the current estate-tax policy permanent.

While technology has made it inarguably easier for consumers to purchase policies direct online from an insurer, one insurance executive says he is doubling down on agents, giving them increased underwriting and claims authority.

Just a month after all the ballots were counted, insurance-industry panelists at the 23rd annual Executive Conference tried to make sense of this years election results.

Congress is being told that the NFIP has enough funds to pay Sandy claims until middle or late January as the Senate starts work on an aid package for Sandy victims that includes a 50 percent increase in the program's borrowing authority.

A Jersey City, N.J. man has filed a federal class-action lawsuit against a group of insurers he says are denying claims based on an allegedly flawed definition of a basement.