As reserve releases slow, accident-year losses rise, and investment yields weaken, property and casualty insurers may need to reconsider cost reductions in the form of cutting salaries and advertising budgets to improve profitability, according to a Keefe, Bruyette & Woods industry update.

California workers compensation insurers, which have been hurt by increasing underwriting losses over the past three years, should benefit from two bills signed into law recently, and from several bills opposed by the industry that were not signed, according to Moodys.

California workers compensation insurers, which have been hurt by increasing underwriting losses over the past three years, should benefit from two bills signed into law recently, and from several bills opposed by the industry that were not signed, according to Moodys.

Risk Management Solutions revised catastrophe model, which is frequently cited as a reason for recent rate increases for some property risks, was a hot topic at the National Association of Professional Surplus Lines Offices convention, held in San Diego Oct. 10-12.

While property and casualty pricing seems to be flattening and even improving in some lines, excess and surplus-lines professionals say they are hesitant to declare a market turn due in part to the ongoing heavy presence of standard-lines carriers in traditional E&S business

While property and casualty pricing seems to be flattening and even improving in some lines, excess and surplus-lines professionals say they are hesitant to declare a market turn due in part to the ongoing heavy presence of standard-lines carriers in traditional E&S business

Risk Management Solutions revised catastrophe model has already been mentioned as a reason for insurers rate increases for some property risks, but how are brokers and insureds handling the news that premiums are going up, in part due to a model revision?

A blow-by-blow recounting of the ongoing, dramatic, multi-party efforts at a mega-deal.