Personal Lines

The 2012 Atlantic hurricane season will be "near normal" with nine to 15 tropical storms and four to eight of those will strengthen into hurricanes, the U.S. government weather agency predicted on Thursday.

The Senate passed a 60-day National Flood Insurance Program extension as part of an agreement between Senate Majority Leader Harry Reid, D-Nev., and Sen. David Vitter, R-La. to move a five-year program extension bill to the Senate floor.

Sen. David Vitter, R.-La., today introduced a five-year National Flood Insurance Program extension in the form of an amendment to bipartisan drug legislation.

The lack of competition and exorbitant rate charges point to a need for strong regulation of force-placed insurance programs, say consumer advocates in New York.

Catastrophe modeler EQECAT says the earthquake in Northern Italy on May 20 will cause about $127 million in insured losses.

Can you imagine a world where there are no traffic accidents? What would such a world mean to the hundreds of personal lines insurance carriers that offer personal auto coverage?