Personal Lines

Tornadoes, hurricanes, grass fires and hail storms throughout the state of Texas are to blame for high homeowners insurance premiums in 2014.

A return to normalized levels of both catastrophes and loss-cost inflation could cause problems for the industry in 2014 when combined with rate deceleration/decreases, KBW says.

On January 17, 1994, the Northridge Earthquake, a Magnitude 6.7 temblor, occurred 20 miles northwest of downtown Los Angeles. It's been a mixed bag since then with respect to preparedness for another major quake.

Caution is the word of the day when it comes to investment-analyst sentiment regarding the property and casualty industry.

Many anticipate future reductions in auto claims frequency due to crash avoidance systems and self-driving cars, but what is happening now? With economic growth still slow, auto sales are anticipated to peak at 16 million annually. Of the numerous factors that have helped drive down frequency over the last 20...

The agent and broker subsector added jobs for the sixth straight month in November 2013, and is now just over 3,000 positions short of its July 2007 employment peak, according to an analysis of the latest U.S. Labor Departments Bureau of Labor Statistics figures.