Personal Lines

The powerful winds that tore across Western states Dec. 1 created a path destruction that closed schools, left neighborhoods with a snarl of downed trees and power lines, and prompted some communities to declare emergencies.

When an insurance commissioner denies a rate increase, what is the ethical response for insurers and their employees?

Citizens Property Insurance Corp. plans to eliminate homeowners coverage on roughly 7,500 coastal homes valued at $2 million or more and reduce the amount of homeowner liability coverage in a measure designed to reduce the size of the state-backed insurer and corresponding risk to Florida taxpayers.

Citizens Property Insurance Corp. plans to eliminate homeowners coverage on roughly 7,500 coastal homes valued at $2 million or more and reduce the amount of homeowner liability coverage in a measure designed to reduce the size of the state-backed insurer and corresponding risk to Florida taxpayers.

In the aftermath of a major catastrophe, recovery will require the government and the private sector to work together. And input from the insurance industry is needed, say state officials.

A bill to ban credit-based insurance scoring in underwriting private passenger automobile insurance was signed into law in Massachusetts.