Commercial Lines

Predictably, large lobbying expenditures by property and casualty insurance companies in 2011 focused on catastrophe issues and on pursuing legal reform.

Predictably, large lobbying expenditures by property and casualty insurance companies in 2011 focused on catastrophe issues and on pursuing legal reform.

Despite all the catastrophes of 2011, the year as a whole was income statement-drivenan earnings eventrather than a capital and surplus event.

Two sets of storms in the U.S. and an earthquake and aftershocks in northern Italy top the list of catastrophes around the globe in May, notes a report by Aon Benfield.

The established insurance markets in Western European countries and the developing markets in Latin American countries present separate sets of challenges for insurers looking to grow in these regions, but unique opportunities exist for those who understand and take advantage of the different business environments, regional experts say.

An All Risk Transportation form covers the insured goods until they are unloaded at the destinationbut what happens when delivery is interrupted due to a mistake?

An All Risk Transportation form covers the insured goods until they are unloaded at the destinationbut what happens when delivery is interrupted due to a mistake?

While U.S.property and casualty insurer employment has been on a general downward trend since mid-2008, the sector has not shed jobs since January 2012, and has added jobs in both March and April, according to an Insurance Information Institute analysis of the industrys April employment figures.