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.

Rate filings show PIP premiums have dropped an average of 13.2%below the 25% target envisioned in HB 119, but a welcome outcome for the OIR and insurers.

Rate filings show PIP premiums have dropped an average of 13.2%below the 25% target envisioned in HB 119, but a welcome outcome for the OIR and insurers.

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.

The Chevrolet Spark was the only minicar out of 11 tested to earn an acceptable rating in the Insurance Institute for Highway Safetys small overlap front-crash test, which was introduced in 2012.

Insurers may be underestimating their exposure to a coming third wave of asbestos liabilities by relying on outdated assumptions and not accounting for factors such as longer life expectancy and advances in medical knowledge, a research firm says.

Insurers may be underestimating their exposure to a coming third wave of asbestos liabilities by relying on outdated assumptions and not accounting for factors such as longer life expectancy and advances in medical knowledge, a research firm says.