Personal Lines

Allstates new program offers credit to customers dissatisfied with their auto claims experience.

High losses from 2011 are producing greater underwriting discipline among reinsurers when it comes to catastrophe-exposed renewals, according to a major insurance broker.

The U.S. property and casualty insurance industry saw its net income after taxes fall to just under $8 billion for the first nine months of 2011, compared to net income just over $27 billion for the same period in 2010, according to a report by ISO, the Property Casualty Insurers...

With the National Flood Insurance Program finally provided breathing space until May 31 through one of President Obamas last actions of 2011 on Dec. 23, industry officials now say one of their top priorities in the New Year is to ensure the latest short-term extension is the last.

Fidelity National Financial Inc , the No. 1 U.S. property title insurer, said it will sell an 85 percent interest in its personal lines business to WT Holdings for about $119 million.

Insured losses from Australias catastrophe-filled 2011 have now topped $4.3 billion, according to the Insurance Council of Australia.