Personal Lines

The 2012 Atlantic hurricane season is projected to be less active than in recent years with 11 tropical storms, six of which will intensify into hurricanes, U.S. private forecaster Weather Services International said on Wednesday.

Auto and homeowner's insurers would be wise to recruit and lock-in buyers when theyre young, a Deloitte Research survey of personal-lines consumers indicates.

Policyholders and shareholders of Harleysville Mutual Insurance Co. and Harleysville Group Inc. have approved a merger with Nationwide Mutual Insurance Co.

Rates were up and catastrophe losses were relatively light, leading ACE Ltd. to nearly quadruple first quarter net income.

Military personnel have an increased risk of at-fault auto accidents within six months of returning from overseas duty, a report from USAA says.

Insurance industry officials say a two-year National Flood Insurance Program extension, as proposed recently by the Federal Emergency Management Agency, is better than the current pattern of short-term extensions, but some associations say they would still rather see action on a five-year extension with program reforms.or five-year extension