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• AIG Q1 Profit Down $1B; P&C Underwriting Income Returns to Black

  By Chad Hemenway, PropertyCasualty360.com  |  May 3, 2013

  AIG says first-quarter net income dropped $1 billion compared to last year, as results a year ago included income from investments that have been sold or liquidated.

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  Markel Closes Alterra Deal and Opens Large-Commercial, Reinsurance Units

  By Chad Hemenway, PropertyCasualty360.com  |  May 1, 2013

  Markel Corp. says it has completed its $3 billion buy of Alterra Capital Holdings and reports a 54.7 percent increase in first quarter profit.

• Through Quota Share and Run-Offs, State Auto Books $19.7M Profit in Q1

  By Chad Hemenway, PropertyCasualty360.com  |  May 1, 2013

  State Auto Financial Corp. reversed a first-quarter loss, booking net income of $19.7 million.

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  Professional Liability Trends

  By Deb Ropelewski, CPCU, ARM  |  May 1, 2013

  Professional liability is among the most dynamic segments of the insurance industry, and the critical issues, types of exposures and the insurance products providing protection are continually evolving.

• IQ: State Sues Washington Florist for Snubbing Gay Wedding

  By Industry IQ  |  May 1, 2013

  The Washington state Attorney General’s office is suing a Richland florist for refusing to sell flowers for a gay wedding, according to the Puget Sound Business Journal.

• IQ: NAPCO Report Identifies 2013 P-C Trends

  By Industry IQ  |  May 1, 2013

  Although the estimated $25 million in losses from Superstorm Sandy is not pushing up the price of property-catastrophe insurance, it has brought concerns about future cat losses and current modeling techniques

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  M&A Opportunities Ahead

  By Tim Cunningham, Dan Menzer  |  May 1, 2013

  Agency and brokerage mergers & acquisitions have been on a steady upward climb since 2000, except for a blip in 2009 and 2010 due to the collapse of the economy. Those 2 down years were followed by a near blockbuster year in 2011, and the most active year since 2000...

• Hanover Q1 Profit Increases 33.2%

  By Chad Hemenway, PropertyCasualty360.com  |  April 30, 2013

  Hanover received rate increases of 9 percent in core Commercial and Personal lines during the first quarter and it is seeing greater rate increases in Specialty.

• Hartford Reports $241M Net Loss in Q1; P&C Net Income Up 8%

  By Mark E. Ruquet, PropertyCasualty360.com  |  April 30, 2013

  The Hartford reports a first-quarter net loss of $241 million as its life business run-off and one-time charges dragged down earnings.

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  AIG Names Head of Lexington; Continues Exec Shuffle After Berkshire Departures

  By Arthur D. Postal, PropertyCasualty360.com  |  April 30, 2013

  Jeremy Johnson, a former insurance broker, has been named head of American International Group's surplus lines business.

• Aon’s Case Says Berkshire Deal Will Benefit Lloyd's

  By Mark. E. Ruquet  |  April 29, 2013

  Aon seeks to calm concerns that its co-insurance agreement with Berkshire Hathaway will upset the Lloyd's market.

• Chubb Scores Record Q1 Results

  By Mark E. Ruquet, PropertyCasualty360.com  |  April 26, 2013

  The Chubb Corp. posted record first quarter results as net income increased 30 percent on the strength of higher rates, strong underwriting performance and low catastrophe losses.

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  Industry Underwriting Results Improve; 2012 Net Income Up 72.3%

  By Chad Hemenway, PropertyCasualty360.com  |  April 26, 2013

  The insurance industry lost money on underwriting in 2012 and its rate of return of 5.9 percent fell far short of its long term average. But profitability is improving.

• W.R. Berkley: Market Now One of 'Haves' and 'Have-Nots'

  By Chad Hemenway, PropertyCasualty360.com  |  April 24, 2013

  The insurance market has become one of “haves” and “have-nots,” and the former will be in position to enjoy an “excellent next few years,” says William R. Berkley.

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  West Fertilizer Plant Explosion to Cause $100M in Insured Property Losses

  By Chad Hemenway, PropertyCasualty360.com  |  April 23, 2013

  The massive explosion at a West, Texas fertilizer plant has caused at least $100 million in insured losses to property.

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  NJ, NY Insurers Settle 93% of Superstorm Sandy Claims

  By Arthur D. Postal, PropertyCasualty360.com  |  April 22, 2013

  Superstorm Sandy is now the third costliest storm in U.S. history, the Insurance Information Institute says.