News and information for property & casualty insurance agents & brokers on personal lines insurance, including homeowners insurance, flood insurance, earthquake insurance, renters insurance, automobile insurance, life insurance, disability insurance, umbrella insurance and health insurance.
A New York agents association said it will work with the New York State Insurance Department during this legislative session to bring New York's producer licensing requirements in line with other
The Chubb Corporation reported 2008 fourth-quarter net income of $407 million, or $1.13 per share, a 37 percent decrease from net income of $650 million, or $1.68 per share in the 2007 period. The
In a report titled, U.S. Property and Casualty Personal Lines Insurance Industry Outlook, Moody's said the outlook for the personal lines industry is "stable," citing, among other trends, a
RLI Corp. reported 2008 fourth-quarter net earnings fell $6 million, or 28 cents per share, compared with the 2007 period. Management said the 81.3 percent decrease was due mainly to investment
Fourth-quarter 2008 appraisal values for collision and comprehensive losses were largely unchanged compared to the same period in 2007, according to a recent report from an auto damage estimating and
AIG said the Fund Management Business operates 15 existing fund programs with over $12.4 billion in assets under management and $5.2 billion in equity capital commitments as of Sept. 30, 2008. The
Jonathan Legge, a managing director with Mercator Risk Services, said the reverberations will likely register as investment advisors and banks that invested clients' money through Mr. Madoff are hit
Automaker Hyundai said it is offering a program, said to be unique in the United States, that will allow consumers to return cars and cancel their auto loans if they lose their jobs or experience any