Commercial Lines

Berkshire Hathaway saw its 2011 first-quarter net income drop more than 58 percent to $1.5 billion after catastrophes in the quarter caused estimated losses of nearly $1.7 billion.

Green buildings can reduce energy use by up to 50 percent, reduce CO2 emissions by as much as 39 percent, use 40 percent less potable water, and eliminate almost 70 percent of solid waste.

The hottest start-up businesses for 2011 will center around brick-and-mortar retail such as accessory boutiques, beauty salons and other services.

Citizens Property Insurance Corp. is debating whether to purchase private reinsurance this year to help shore up its financial footing. Also, some bills pending in the 2011 legislative session could mean big changes at Floridas largest property insurer.

Hurricane season is just around the corner, and some experts are predicting even more meteorological mishaps due to an increase in solar flare activity.

While Florida agents and brokers have become adept at adjusting to the new normal of stagnant rates and reduced premiums afflicting the E&S commercial property market, there are reasons to believe change may be on the way.