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Despite living in the state with the greatest risk of earthquake, the number of California homeowners with coverage against such an event has decreased from 30 percent in 1996 to about 12 percent toda

The company said it will contribute $500,000 directly to the American Red Cross for relief efforts connected to the two catastrophes. In addition, the insurer will match employee contributions to qual

WASHINGTON--Five insurance industry trade groups defended carriers' utilization of credit records to set personal lines insurance rates and warned that barring their use would create major disruptions

She added that increases in repair costs, health care costs and other related expenses contributed to the need to raise the limits. The state had considered similar legislation for several years, Ms.

SCOTTSDALE, ARIZ.--The president of the American Association of Managing General Agents said the association is vigorously lobbying state and federal lawmakers to fend off rate and form regulations for

SCOTTSDALE, ARIZ.--Insurance executives interviewed at an industry conference here said an end to the slide in insurance rates will not come soon, and the current U.S. economic climate is exacerbating