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A.M. Best says the P&C industry could see its first yearly underwriting profit since 2009, but commercial lines underwriting results saw some deterioration in the third quarter, and the ratings agency reiterated concerns about the industry's reserve position.

One thing I always find amusing about the insurance industry is its unabashed embrace of acronyms. Surely there are few other industries in the world in which you see quite as many of them bandied aboutso much so, in fact, that a certain report we've awaited for quite some time...

This past year saw the industry faced with issues both new and old. Some events were noteworthy for their general news impact, others for their direct influence on the property and casualty industry, and still others for the massive amount of interest they generated among PC360's readership.

This past year saw the industry faced with issues both new and old. Some events were noteworthy for their general news impact, others for their direct influence on the property and casualty industry, and still others for the massive amount of interest they generated among PC360's readership.

Profitability in the private U.S. property and casualty market rose sharply in the third quarter, and I.I.I. President Robert Hartwig says the industry on a firm trajectory for what will assuredly be its best year in the post-crisis era.

Profitability in the private U.S. property and casualty market rose sharply in the third quarter, and I.I.I. President Robert Hartwig says the industry on a firm trajectory for what will assuredly be its best year in the post-crisis era.

Reaction thus far has been measured, if not predictable. But was it worth waiting for?

Reaction thus far has been measured, if not predictable. But was it worth waiting for?