Commercial Lines

It came as no surprise to anyone that has followed the Floridas reinsurance fund that it could potentially have a $3.2 billion shortfall, according to new report issued by independent-financial advisor Raymond James.

While property and casualty insurers are excitedly discussing the prospect of 2012 rate increases and improving loss ratios, the net impact of such a development will likely be tempered by expectations of low investment yields, according to analyst firm Keefe, Bruyette & Woods.

While property and casualty insurers are excitedly discussing the prospect of 2012 rate increases and improving loss ratios, the net impact of such a development will likely be tempered by expectations of low investment yields, according to analyst firm Keefe, Bruyette & Woods.

MGIC Investment Corp , the largest publicly listed U.S. mortgage insurer, says reinsurers are interested in entering the mortgage reinsurance business, attracted by the high returns that could be earned from underwriting new mortgages.

MGIC Investment Corp , the largest publicly listed U.S. mortgage insurer, says reinsurers are interested in entering the mortgage reinsurance business, attracted by the high returns that could be earned from underwriting new mortgages.

MGIC Investment Corp posted a wider third-quarter loss, saw more homeowners fall behind on their payments and is perilously close to reaching the maximum risk levels allowed, sending its shares down 15 percent before the bell.