News and information for property & casualty insurance agents and brokers on commercial lines insurance, including commercial property, D&O, E&O, Environmental, construction, employee practices liability, EPLI, business owners’ policy (BOP), general liability, crime, business interruption, cyber, equipment breakdown insurance, workers’ compensation, employee benefits, small business insurance, medical malpractice, fire and flood coverage, among other important types of coverage.
Net income after taxes for private U.S. property and casualty (P&C) insurers for the first nine months of 2014 dropped by $5.1 billion to $37.7 billion, compared to $42.7 billion over the same time period in 2013.
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