Personal Lines

Auto and homeowners' insurance provider Mercury General Corp. said Monday that its first-quarter net income slipped five percent as it booked higher costs and investment income declined.

Berkshire Hathaway saw its 2011 first-quarter net income drop more than 58 percent to $1.5 billion after catastrophes in the quarter caused estimated losses of nearly $1.7 billion.

The countrys top personal-lines insurer says it has received more than 25,000 claims in recent weeks following severe weather in April that has reduced hundreds of homes to ruins and taken hundreds of lives.

A showdown over the future role of State Farm captive agents in servicing flood-insurance policies is shaping up in Congress.

A showdown over the future role of State Farm captive agents in servicing flood-insurance policies is shaping up in Congress.

Citizens Property Insurance Corp., the behemoth state-run property insurer, has a reputation that reaches far beyond Floridas shores. Leaders from neighboring coastal states call it Floridas folly to grow what is, essentially, socialized property insurance.

For the third year in a row, Florida lawmakers have unveiled a major property insurance bill. This years bill seeks to make sweeping changes to everything from sinkhole coverage to how much policyholders could get paid after damages to their home.

The road to marriage is full of rewards and fraught with perils, a fact made quite clear in those traditional vows: for better, for worse; for richer, for poorer; in sickness and in health.