Personal Lines

The growth of microinsurance is at a point in developed nations that it was 100 years ago, a report suggests, and companies willing to enter into unconventional business programs are finding profit.

In Florida, three major insurance bills are awaiting action in the final four days of the 2012 legislative session, including one that is a priority of Gov. Rick Scott.

In Florida, three major insurance bills are awaiting action in the final four days of the 2012 legislative session, including one that is a priority of Gov. Rick Scott.

Net income at Liberty Mutual Insurance fell nearly 51 percent in the 2011 fourth quarter and about 78 percent for the year on catastrophe losses and reserve strengthening.

Net income at Liberty Mutual Insurance fell nearly 51 percent in the 2011 fourth quarter and about 78 percent for the year on catastrophe losses and reserve strengthening.

EQECAT released the first estimate for insured loss from last weeks series of deadly tornadoes that ravaged the Midwest saying it could go as high as $2 billion.

EQECAT released the first estimate for insured loss from last weeks series of deadly tornadoes that ravaged the Midwest saying it could go as high as $2 billion.

Insurers will be on the hook for hundreds of millions of dollars in insured losses from the past weeks tornado devastation, but knowing the exact figures will take some time according to catastrophe modelers.