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There is an assumption that Congress never passes much legislation in election years. That maxim will be put to the test again in 2014.

American International Group Inc., the insurer that repaid a U.S. bailout in late 2012, was upgraded by Fitch Ratings after buying back bonds and improving results at its units.

American International Group Inc., the insurer that repaid a U.S. bailout in late 2012, was upgraded by Fitch Ratings after buying back bonds and improving results at its units.

This year should see more negative rating actions than positive ones due in large part to the likelihood of insurers taking reserve charges, says A.M. Best.

Mondays expected launch of Citizens Property Insurance Corp.s Property Insurance Clearinghouse in Florida will moderately increase private- and capital-market reinsurance demand and should modestly help lower the last-resort insurers policy count, according to Fitch Ratings.

Mondays expected launch of Citizens Property Insurance Corp.s Property Insurance Clearinghouse in Florida will moderately increase private- and capital-market reinsurance demand and should modestly help lower the last-resort insurers policy count, according to Fitch Ratings.

Personal-lines insurers should show year-over-year profit improvement when they report 2013 results, and the combined ratio for both personal auto and homeowners should come in under 100, according to a Fitch Ratings personal-lines dashboard update.

Personal-lines insurers should show year-over-year profit improvement when they report 2013 results, and the combined ratio for both personal auto and homeowners should come in under 100, according to a Fitch Ratings personal-lines dashboard update.