Personal Lines

An intense effort is underway to have the Senate Banking Committee drop a provision in flood-insurance legislation that would require homeowners and businesses to purchase federal flood insurance even if their properties are protected by levees.

Specialty commercial insurers continue to lead the way for property and casualty insurers underwriting results for this years first nine months, but results overall are down sharply compared to same period in 2010, according to a Fitch Ratings analysis.

Specialty commercial insurers continue to lead the way for property and casualty insurers underwriting results for this years first nine months, but results overall are down sharply compared to same period in 2010, according to a Fitch Ratings analysis.

Leadership in Florida seems committed to shrinking the size of the states exposures to a major hurricane, says Robert Hartwig, president of the Insurance Information Institute.

Leadership in Florida seems committed to shrinking the size of the states exposures to a major hurricane, says Robert Hartwig, president of the Insurance Information Institute.

Homeowners rates in Massachusetts have been inflated due to the use of unproven and in some cases discredited hurricane models, according to the states attorney general.

Homeowners rates in Massachusetts have been inflated due to the use of unproven and in some cases discredited hurricane models, according to the states attorney general.

Congress last night passed and sent to the President legislation extending the National Flood Insurance Program until Dec. 16.