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In spite of a difficult year for catastrophes, buyers of both liability and property coverage are for the most part pleased with their renewals, even for difficult placements, although they stress that having a positive risk history and solid broker/market relationships makes a difference.

In honor of the national holiday that coincides with this issue of NU, we thought wed serve up a feast of items about which P&C pros (and NUs editors) can be thankful.

The first-half results for property and casualty insurers are in, and the numbers are not very pretty, as the industry reported more than a 71 percent drop in net income.

The first-half results for P&C insurers are in and the results are not very pretty, as the industry reported more than a 71 percent drop in net income.

Grants and deductions create incentives for homeowners to protect their assets

U.S. insurers continue to release information on 2011 weather-related losses, with State Farm saying it has paid policyholders $5 billion so far during the year.

Although carriers may not have given salvage much thought in their CAT planning/recovery strategies, it definitely behooves them to identify and forge alliances with industry movers and shakers.

CAT team members must receive training prior to deployment, with tools to identify and appropriately handle subrogation issues.