The growth of microinsurance is at a point in developed nations that it was 100 years ago, a report suggests, and companies willing to enter into unconventional business programs are finding profit.

In Florida, three major insurance bills are awaiting action in the final four days of the 2012 legislative session, including one that is a priority of Gov. Rick Scott.

Net income at Liberty Mutual Insurance fell nearly 51 percent in the 2011 fourth quarter and about 78 percent for the year on catastrophe losses and reserve strengthening.

Project CAP took another step toward reclaiming independent agents market share of the personal lines insurance market with the public launch of its initiative.