Reinsurance Association of America

• 'Flood the Hill' Effort Sees Insurer Groups, Others Team Up for NFIP Extension

  By Arthur D. Postal, PropertyCasualty360.com  |  May 1, 2012

  The insurance industry and allied trade groups are launching a full-court press to ensure Senate action on flood legislation before the current authorization expires May 31.

• Reinsurers See Some Relief in 2011 Results Despite Losses

  By Mark E. Ruquet, PropertyCasualty360.com  |  April 3, 2012

  Despite the heavy claim activity experienced in 2011, reinsurers are breathing a sigh of relief as early results for the year come in, especially in the United States where Berkshire Hathaway buoyed overall results for last year, reports suggest.

• U.S. Reinsurers See Red in 2011 Underwriting Results

  By Mark E. Ruquet, PropertyCasualty360.com  |  March 16, 2012

  The U.S. reinsurance industry was hit hard by catastrophes in 2011, producing a combined ratio of well over 100, according to one survey of U.S. reinsurance property and casualty underwriters.

• Crop Insurers, Agents Dismayed at New Proposed Cuts

  By Arthur D. Postal, PropertyCasualty360.com  |  March 1, 2012

  Both crop insurers and agents are questioning President Obama’s 2013 budget proposals to make cuts to subsidies provided to the industry.

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  Push Begins in Earnest for NFIP Extension with Reforms

  By Arthur D. Postal, PropertyCasualty360.com  |  February 14, 2012

  Forty-one signatures have been secured on a letter from senators to the Senate leadership urging prompt action on legislation reauthorizing the National Flood Insurance Program.

• Florida Subcommittee Passes PIP Repeal Bill

  By Chad Hemenway, PropertyCasualty360.com  |  January 25, 2012

  Florida moved closer to putting an end to its personal injury protection automobile insurance system, which the insurance industry says is plagued by abuse and fraud.

• Reinsurers Advise Against Protectionist Regulation

  By Arthur D. Postal, PropertyCasualty360.com  |  January 17, 2012

  A coalition of reinsurance trade groups warn that protectionist policies by governments on global reinsurers will ultimately backfire because of the important role global risk distribution via reinsurance plays.

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  Florida, Virginia Outpace 16 Other States in Building-Code Report

  By Caroline McDonald, PropertyCasualty360.com  |  January 12, 2012

  A report ranking the 18 most hurricane-prone states by their adoption of building codes placed Florida and Virginia at the top of the list.

• Three Reports Point to Keenly Disappointing P&C 3Q, 9-Month Results

  By Phil Gusman, PropertyCasualty360.com, Chad Hemenway, PropertyCasualty360.com  |  December 1, 2011

  When looking at the property and casualty industry’s performance for the first nine months of 2011, or even just the third quarter, the news is the same: sharply declining profits and underwriting results compared to the same periods in 2010, according to three recent reports.

• RAA: 15 of 19 U.S. Property-Casualty Reinsurers Post Underwriting Loss

  By Chad Hemenway, PropertyCasualty360.com  |  November 29, 2011

  All but four from a group of 19 U.S. property and casualty reinsurers reported a net underwriting loss during the first nine months of the year.