Personal Lines

A question about Lloyds stumped a trio of contestants on the high-brow quiz show Jeopardy, demonstrating how little the average person knows about the way insurance operates in this country.

Hurricane Irene appears to have a better chance of cracking a list of the top ten costliest U.S. hurricanes after a big increase in estimated losses was released from Property Claims Services (PCS).

All but four from a group of 19 U.S. property and casualty reinsurers reported a net underwriting loss during the first nine months of the year.

Is credit scoring really the best tool to establish the insurance-worthiness of potential customers?

Is credit scoring really the best tool to establish the insurance-worthiness of potential customers?

Financing future storms with debt seems popular with people who are getting lower rates today. That tune changes when the bill comes due.

Given the 2011 residential property reforms, expect Floridas 2012 session to be much quieter in that area. The exceptions could be legislation on Citizens and the Cat Fund.

On the heels of a report from one rating agency showing that U.S. property and casualty results are down for the first nine months of 2011 compared to 2010, another rating agency reports that 2011 third quarter net income for its rated companies, at $1.6 billion, is also down sharply...