Predictably, large lobbying expenditures by property and casualty insurance companies in 2011 focused on catastrophe issues and on pursuing legal reform.
State Farm Mutual Insurance Co. spent more on lobbying than any other property and casualty insurance company in 2011, according to data released today by SNL Financial.
State Farm Mutual Insurance Co. spent more on lobbying than any other property and casualty insurance company in 2011, according to data released today by SNL Financial.
Tech Decisions magazine, a Summit Business Media publication, has partnered with CastleBay Consulting to develop Shop Talk, a best practices book for the property & casualty industry. Written by George Grieve, Shop Talk is a compilation of his articles written for Tech Decisions over the last five years.
Tech Decisions magazine, a Summit Business Media publication, has partnered with CastleBay Consulting to develop Shop Talk, a best practices book for the property & casualty industry. Written by George Grieve, Shop Talk is a compilation of his articles written for Tech Decisions over the last five years.
Non-public P&C insurance carriers are reporting continued rate increases, with direct-written premiums increasing 3.7 percent in 2011 compared to 0.3 percent in 2010, according to a report from SNL Financial.
Employment for property and casualty insurers fell in February compared to January, continuing a trend that began in 2008 during which P&C insurers have shed nearly 11,000 jobs, Insurance Information Institute President Robert Hartwig says.
Property & casualty insurers could see a drop in the value of their fixed-income securities investments if interest rates climb as expected, according to Moodys Investors Service.
Property and casualty insurers could see a drop in the value in their fixed-income-securities investments if interest rates climb as expected, says Moodys Investors Service.
After suffering through a year of elevated property losses and poor underwriting results, U.S. commercial-lines insurers are positioned to deliver improved operating results, but they face impediments toward reaching past profit marks