Personal Lines

The National Association of Mutual Insurance Companies is asking the Senate to resist calls to delay or rescind scheduled flood insurance rate increases, arguing that the rates must adequately reflect the risks.

In auto insurance, the direct model is winning, the value of independent agents is diminishing and the proof is in an examination of the continued rise of Geicothe only major pure direct modelversus challenges at Progressive Corp. due to a legacy agency business, according to an analysis released today.

Insurance stories from around the web, including rural groups fighting a proposed $100 million-a-year cut in crop insurance subsidies and fear over NFIP rate hikes in coastal Massachusetts.

Farmers Insurance Exchange is seeking $1 million in damages from 46 Minnesota chiropractors and a mobile diagnostic imaging facility for an illegal kickback scheme that sent Farmers customers for unneeded MRI scans.

Hurricane Sandy presented insurers with an incredible opportunity to demonstrate their value--not just to claimants, but to all customers.

Progressive writes in to respond to McKinsey's report on the future of agents.