Robert P. Hartwig

• Despite Recent Adverse Reserve Developments, AIG Staying in Environmental for the Long Haul

  By Dave Lenckus  |  February 4, 2013

  One recent development that would not seem to paint a rosy loss picture for the Pollution insurance market: The $700 million addition to Environmental reserves that AIG made over seven quarters between 2011 and 2012.

• Hartwig Warns of Active Wildfire Season Ahead

  By Mark E. Ruquet, PropertyCasualty360.com  |  April 11, 2012

  Wildfires in New Jersey and New York are prompting warnings of an active fire season because of unusually dry conditions along the East coast coupled with record high temperatures in March.

• U.S. Insurers Re-Think Coverage After Weather Disaster Payouts

  By Matt Stroud, Reuters  |  April 10, 2012

  As weather disasters strike with more frequency, U.S. homeowners first get hit with the destruction or total loss of property. Many are then hit with the unexpected loss of homeowners insurance policies as insurance companies re-evaluate their financial liabilities.

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  Calif., N.Y. & Wash. State to Make Climate Change Survey Mandatory

  By Mark E. Ruquet, PropertyCasualty360.com  |  February 2, 2012

  Citing the need for regulators to understand how the risk of climate change can impact carriers, three states say they will require insurers to respond to the climate-risk survey adopted by the National Association of Insurance Commissioners in 2009.

• Who Pays for National Catastrophes?

  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.

• U.S. Private Insurers’ Net Income Down 71% For First-Half 2011

  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.

• Aug. Employment Numbers Net Loss For Insurance Industry

  By Mark E. Ruquet  |  October 12, 2011

  There were 2,100 fewer jobs in the insurance industry for the month of August, with property and casualty insurance carriers, agents and brokers taking the biggest hit of the nine industry segments.

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  U.S. Insurers’ Net Income Down 71% For 1st Half 2011

  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.

• Experts Weigh Direct, Indirect Impact Of S&P’s U.S. Downgrade

  By Mark E. Ruquet, PropertyCasualty360.com, Phil Gusman, PropertyCasualty360.com  |  August 11, 2011

  Insurers and reinsurers will not likely see a direct impact from Standard & Poor’s recent downgrade of U.S. long-term sovereign debt, experts say, but the underlying economic conditions that led to the downgrade could cause some of the same issues experienced in 2008 to re-emerge.

• Catastrophe-Heavy First Half Closes With Busy June

  By Christina Bramlet, PropertyCasualty360.com, Mark E. Ruquet, PropertyCasualty360.com  |  July 26, 2011

  Global catastrophes in the first half of the year have already made 2011 the costliest year on record with respect to economic losses.

• Cat Count: Active 2011 First Half Closes Out With Busy June

  By Christina Bramlet, PropertyCasualty360.com, Mark E. Ruquet, PropertyCasualty360.com  |  July 14, 2011

  Global catastrophes in the first half of the year have already made 2011 the costliest year on record with respect to economic losses.

• Munich Re: First-Half Losses Make 2011 Costliest for Natural Disasters

  By Christina Bramlet, PropertyCasualty360.com  |  July 12, 2011

  During the first half of 2011, the P&C industry saw an unprecedented number of severe natural catastrophes in both the U.S. and abroad. The accumulation of a total of 100 events produced an excess of $18 billion (and climbing) insured losses in the U.S. alone.

• Tornado Victims Often Uninsured

  By Harry R. Weber, Associated Press, Mike Schneider, Associated Press  |  May 26, 2011

  Many of the states hammered by what's already the deadliest year for tornadoes in more than half a century have among the nation's highest rates of homes without hazard insurance despite being among the most twister-prone.

• Opportunity Is Not Knocking – It Is Waving Its Hands and Shouting

  By Joan E. Collier, PropertyCasualty360.com  |  February 3, 2011

  By many accounts, Florida’s insurance industry is the most over-regulated in the country. In 2011 we are in a unique and enviable position to change that.

• Think Long Term

  By Gregg A. Dykstra  |  February 2, 2011

  Long-term financial solvency and stability are critical objectives.

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  Insurance Industry Sees Slight Uptick In Employment

  By Mark E. Ruquet, PropertyCasualty360.com  |  January 13, 2011

  November’s employment numbers were mixed for the insurance industry, with an overall slight increase of less than 0.1 percent as the agent and broker workforce returned to January 2010 levels, according to the Insurance Information Institute.