BOSTON – Damaging hailstorms in Australia. Unprecedented tornadoes in the southeastern United States. Constant windstorms in northern Europe. Sound familiar?
This year is starting a lot like last year in terms of unexpectedly severe weather, to the consternation of the insurance industry, which paid out more than 100 billion in 2011 on natural disasters.
That could put more pressure on the shares of property and casualty insurers, who did relatively better than other insurers last year but who have turned in a mixed performance so far in 2012, despite being a favorite of some analysts.
To be fair, more than half of the 2011 losses came from earthquakes in Japan and New Zealand, and earthquakes are impossible to precisely predict. Read more…
Which insurance companies are the best ones? This is, undoubtedly, something that would be very important for consumers to know. Insure.com did an analysis that reveals how consumers feel about their many insurance policies. You may want to look over the results before buying a new insurance policy. 
How satisfied are you with how your auto insurance company handled your last claim? Often, people send off a claim, hope for the best, and expect the worst. Allstate is doing something different with the claims their customers send in. Allstate is offering a “Claims Satisfaction Guarantee.”