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October 13, 2011
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.
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By Mark E. Ruquet |
October 10, 2011
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.
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By Arthur D. Postal, PropertyCasualty360.com |
June 30, 2011
Roy Woodall’s nomination as the independent member with insurance expertise on the Financial Stability Oversight Council (FSOC) is being welcomed by the insurance industry—but don’t expect him to immediately be able to play a role there.
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By Phil Gusman, PropertyCasualty360.com |
June 27, 2011
Former Kentucky Insurance Commissioner Roy Woodall will be President Obama’s nominee for the insurance member of the Financial Stability Oversight Council.
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By Chad Hemenway, PropertyCasualty360.com, Susanne Sclafane, PropertyCasualty360.com |
June 23, 2011
As one property and casualty industry report points to rising combined ratios for insurers, with experts citing the need for better underwriting results, a separate analysis of first-quarter industry figures indicates the commercial-lines market may be starting to turn.
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By Chad Hemenway, PropertyCasualty360.com |
June 22, 2011
Though property and casualty industry surplus is at records levels as of the end of the first quarter, insurers took a $4.5 billion underwriting loss, and recent developments point to worsening results in the second quarter.
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By Phil Gusman, PropertyCasualty360.com |
April 25, 2011
While private U.S. property and casualty insurers’ 2010 net income rose to $34.7 billion from $28.7 billion the year before, the industry’s net losses on underwriting for the year grew $7.4 billion compared to 2009.
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By Phil Gusman, PropertyCasualty360.com |
April 20, 2011
While private U.S. property and casualty insurers’ 2010 net income rose to $34.7 billion from $28.7 billion the year before, the industry’s net losses on underwriting for the year grew $7.4 billion compared to 2009.
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By Arthur D. Postal, PropertyCasualty360.com |
March 25, 2011
Illinois Insurance Director Michael McRaith was appointed as the first director of the Federal Insurance Office, a move that drew praise from insurance industry members.
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By Arthur D. Postal, PropertyCasualty360.com |
March 18, 2011
Insurance industry officials issued supportive statements regarding Illinois Insurance Director Michael McRaith’s appointment as Federal Insurance Office director.
