Personal Lines

The insurance industry in Michigan says it is looking to stabilize the states no-fault automobile system before costs get out of control.

The insurance industry in Michigan says it is looking to stabilize the states no-fault automobile system before costs get out of control.

Catastrophe modeler AIR Worldwide says it expects between $150 million and $600 million in insured losses from Typhoon Roke, which crossed over Japans main island, Honshu, earlier this week.

After almost four years as an orphan, the National Flood Insurance Program is picking up some powerful parents. It is as if it has suddenly morphed from an ugly duckling into a beautiful swan. The reason is that the latest fashion in Washington is to bring in additional revenues without...

Global natural catastrophes have made 2011 the highest loss year on record after just the first six monthscreating opportunities for risk managers to review coverage and issues such as supply-chain disruption, according to an industry expert.

Critical operations of the National Flood Insurance Program are in danger of being shut down Oct. 1.

The Florida Hurricane Catastrophe Fund is on "shaky ground" and its ability to borrow is questionable, says it chief operating offer.

The Florida Hurricane Catastrophe Fund is on "shaky ground" and its ability to borrow is questionable, says it chief operating offer.