As I scanned all the 2009 editions of National Underwriter, picking candidates for my annual choices as the year’s top insurance stories, one thought kept crossing my mind–it could’ve been worse.

No one will look back fondly on 2009. The economy was in a shambles. Insurable exposures disappeared at an alarming rate. The investment markets–especially in the first half–were volatile at best.

Insurers saw their net written premiums flat-line and their net income plummet. Washington raced to restructure the entire financial services regulatory system, including insurance.

But all things considered, this recap could have been far more grim, for insurers as well as their agents and brokers.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including, and
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.