GC and Willis Re report falling property catastrophe reinsurance rates for 2014. The competitive pricing environment will push companies to innovate in 2014, say property and casualty insurance experts at the turn of the New Year.

GC and Willis Re report falling property catastrophe reinsurance rates for 2014. The competitive pricing environment will push companies to innovate in 2014, say property and casualty insurance experts at the turn of the New Year.

Carolyn M. Snow, director of risk management for Humana Inc., has been appointed RIMS' president for the 2014 term. Snow has been a RIMS member for 14 years and has served on its board of directors for seven years.

A.M. Best says the P&C industry could see its first yearly underwriting profit since 2009, but commercial lines underwriting results saw some deterioration in the third quarter, and the ratings agency reiterated concerns about the industry's reserve position.

New Year's Day was the most active holiday for vehicle thefts in 2012 with 2,228 reported thefts across the country.

USI acquires Birmingham, Ala. company to extend footprint on local and national scale

USI acquires Birmingham, Ala. company to extend footprint on local and national scale

German reinsurer Hannover Re is braced for falling premiums next year which could dampen business prospects.