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By Phil Gusman, PropertyCasualty360.com |
May 17, 2012
Progressive could be the biggest beneficiary if increasing personal-lines rates trigger more shopping behavior among consumers, as the Mayfield Village, Ohio-based insurer typically gains share when rates rise, according to a Stifel Nicolaus report.
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By Ben Berkowitz, Reuters |
April 18, 2012
Berkshire Hathaway Inc. CEO Warren Buffett said he has stage 1 prostate cancer but his condition "is not remotely life-threatening or even debilitating in any meaningful way."
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By Mark E. Ruquet, Phil Gusman, PropertyCasualty360.com |
April 5, 2012
After suffering through a year of elevated property losses and poor underwriting results in 2011, U.S. commercial-lines insurers are positioned to deliver improved operating results this year—but carriers will still struggle to reach previous profit marks, one analyst says.
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By Mark E. Ruquet, PropertyCasualty360.com |
March 27, 2012
An analysis of 2011 direct-written premiums and direct-loss ratios for property and casualty insurance makes the case for continued rate increases in the coming year, a financial analyst says.
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By Mark E. Ruquet |
March 15, 2012
Evidence of a market turn continues to mount, as a survey of commercial-lines executives shows rates rose 3 percent in 2011’s fourth quarter—and recent analysis contends that rates could climb by as much as 10 percent over this year.
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By Mark E. Ruquet, PropertyCasualty360.com |
March 9, 2012
Reserve releases are showing signs of ebbing and insurers are pushing rate increases that could translate into as high as 10 percent increase over this year, according to a report.
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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 Mark E. Ruquet, PropertyCasualty360.com |
February 6, 2012
The property and casualty industry’s positive rate momentum continued into the New Year as rates crept up another 1 percent in January, according to the online insurance exchange MarketScout.
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By Mark E. Ruquet, Phil Gusman, PropertyCasualty360.com |
February 2, 2012
Anumber of recent reports conclude that commercial-insurance rates were up in 2011’s fourth quarter and are likely to remain in positive territory through 2012. But factors such as macro-economic conditions and loss-cost trends will limit insurers’ ability to generate underwriting profits, and carriers will have to look elsewhere—for example, mergers...
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By Mark E. Ruquet, PropertyCasualty360.com |
January 30, 2012
The universe of publicly held brokerage firms could expand within the next two years, with two firms that are now in the hands of private-equity interests re-entering the public sphere in the United States.
