Personal Lines

Half of the chief financial officers at property insurance companies say they are near their limit for investment risk, yet roughly a third expect to become more aggressive in the next year, according to a study released on Monday that underlines the challenges that low interest rates pose to insurers.

A home, a car, a business: rarely do people own these without having insurance to protect them from the worst that can happen. But are you covered for what else can happen?

The latest estimate of U.S. insured losses from Hurricane Isaac falls between $1 billion and $2 billion, says Risk Management Solutions.

Property and casualty carriers saw employment climb for the sixth straight month in July despite mixed employment numbers from the rest of the insurance industry, according to an Insurance Information Institute analysis of the latest U.S. Labor Departments Bureau of Labor Statistics figures.

The late-summer month of August was good to Progressive Corp. as the insurer sees net income climb to $141.5 million.

Liberty Mutual says it has entered the insurance marketplace in Ecuador with the purchases of two auto insurers.