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By Emil Metropoulos |
May 21, 2012
Over the past year the major ratings agencies have expressed concern over challenges the Workers’ Compensation line has faced during the recession, as well as the continued pressures it faces in achieving long-term profitability. In its January briefing, Standard & Poor’s went so far as to describe Workers’ Comp profitability...
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By Ben Berkowitz, Reuters |
May 11, 2012
As anyone in the United States with a TV or Internet connection probably knows, lawyers want you if you've been exposed to asbestos, and they're paying to get you.
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By Andrew J. Barile |
May 3, 2012
The current climate is gravitating toward pushing captives—including single-parent captives, association captives and agent-owned captives—to appointing experienced, independent directors to their boards.
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By Shawn Moynihan, PropertyCasualty360.com |
April 5, 2012
Emerging markets such as Brazil, China and India present great opportunity for insurers looking to expand their top-line growth, if not profitable growth.
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By Anya Khalamayzer, PropertyCasualty360.com |
April 4, 2012
The Hanover Insurance Group, Inc. kicked-off a year-long celebration of its 160th anniversary with the sounding of the closing bell of the New York Stock Exchange.
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By Mark E. Ruquet, PropertyCasualty360.com |
March 12, 2012
A.M. Best issued downgrades for three insurers last week, citing catastrophe losses as an impediment to profitability.
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By Mark E. Ruquet, PropertyCasualty360.com |
March 6, 2012
The growth of microinsurance is at a point in developed nations that it was 100 years ago, a report suggests, and companies willing to enter into unconventional business programs are finding profit.
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By Phil Gusman, PropertyCasualty360.com, Mark E. Ruquet |
February 9, 2012
Catastrophe losses in 2011 led to the U.S. P&C industry’s largest underwriting loss since 2002, according to A.M. Best. And while the latest MarketScout barometer shows that 2012 began with another month of commercial-lines rate increases, Best maintains that a true hard market is likely “at least a year or...
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By Phil Gusman, PropertyCasualty360.com |
February 6, 2012
Catastrophe losses in 2011 led to the U.S. property and casualty industry’s largest underwriting loss since 2002, and while 2012 should see a “modest improvement” in pricing, a true hard market is likely “at least a year or two away,” according to A.M. Best.
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By Dave Lenckus |
February 1, 2012
Although insurance capacity for catastrophic perils is still available and affordable, some experts say last year’s huge losses already are driving up insurance costs and could shrink capacity, federal financial assistance or both.
