Commercial Lines

Workers compensation led the way for fourth-quarter rate increases at 7.5 percentcontributing to an overall industry average rise of 2.8 percent for the time period, according to The Council of Insurance Agents & Brokers.

Workers compensation led the way for fourth-quarter rate increases at 7.5 percentcontributing to an overall industry average rise of 2.8 percent for the time period, according to The Council of Insurance Agents & Brokers.

Industry leaders are proud of the way insurers handled and absorbed 2011s huge catastrophe losses, but what if this level of disaster claims becomes the new normal?

Industry leaders are proud of the way insurers handled and absorbed 2011s huge catastrophe losses, but what if this level of disaster claims becomes the new normal?

Where rooftops werent pummeled by hail in Texas in 2011, damage from wildfires scorched homes and set records for damage.

The good news for property and casualty insurers is that 2012 should see positive rate momentum. The bad news is that insured-exposure growth will not likely be a contributing factor to premium growth, according to a Keefe, Bruyette & Woods analysis.

Even though enterprise risk management is seen as a growing need for organizations globally, companies are still struggling to implement the practice enterprise-wide, according to an industry study.

As many insurers and reinsurers are readying investors for a degree of disappointment in 2011 fourth-quarter earnings, Cincinnati Financial Corp. says it has some good newsfavorable impacts.