Despite tough underwriting competition and the economic downturn, personal lines insurers will continue to experience stability in the next 12 to 18 months, according to a report from Moody's Investors Service. "Generally speaking, the strong balance sheet positions of most personal lines insurers were bolstered during the middle of the past decade from good underwriting earnings, healthy investment returns and vibrant capital growth, which allowed this sector to hold up well during the more recent turbulent times," said an analyst with Moody's.

Moody's Sees Stable Outlook for Personal Lines (National Underwriter 2/26/10)

March 4, 2010