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Surprise! Despite Threats,Industry Bullish On Future

The Property/Casualty Joint Industry Forum is like a family reunion. All the heads of the major associations and top execs of insurers and reinsurers gather to touch base, swap gossip, and try to get a handle on where the year is heading.

Last year, the headline on my Jan. 20 column, “Its My Party, And Ill Cry If I Want To,” really captured the oddly pessimistic mood of the meeting. Despite soaring premiums and skyrocketing net income, “the faces were mostly glum, and the humor was of the gallows variety,” I observed.

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