Personal Lines

California auto insurance buyers are paying less for coverage than they were two decades ago while rates rose substantially for the rest of the country, says the Consumer Federation of America.

The wildfire that has menaced Colorado since June 11 is now the most destructive wildfire on state record, having destroyed about 380 homes.

The head of Florida Citizens Property Insurance Corp. says the state-run insurer is well on its way to becoming the true market of last resort for the Sunshine State.

The Federal Emergency Management Agency says it will not give West, Texas additional funds requested by the state's governor.

Moodys Rating Services says Allstates plan to restructure $3 billion in debt is credit positive and will lower its cost of capital heading into hurricane season.

Commercial lines reserved moved to an overall deficiency $900 million in 2012 as U.S. P&C insurance reserve redundancy dropped 21 percent last year, says Aon Benfield.