Personal Lines

While insurers have achieved steady rate increases in personal lines, more needs to be done to contend with weather-related losses in the homeowners line and high-severity losses in personal auto, according to a Travelers executive.

Floridas last-resort insurer unveiled a plan to raise homeowners insurance rates by an average of 7.5 percentfar below actuarially sound rates in many territories.

Two Colorado wildfires that have caused more devastation than any wildfire season in the states history are expected to cause nearly $450 million in insured losses, according to a state association.

Allstate says it is ensuring the protection of all of its customers by dropping insurance for about 10,000 customers in South Carolina.

Allstate says it is ensuring the protection of all of its customers by dropping insurance for about 10,000 customers in South Carolina.

A story last week that Nationwide would not cover claims from fracking has created some confusion and should never have been a story in the first place, says Robert Hartwig, president of the Insurance Information Institute.