Property and casualty carrier employment remained flat in November 2011 relative to the month prior, and agent and broker employment in the month rose to its second-highest level in nearly two years, according to an Insurance Information Institute analysis of U.S. Bureau of Labor Statistics figures.

Aon says it plans to move its corporate headquarters to London to be closer to the Lloyds market, but the move will not result in loss of any jobs in the Chicago area.

Australias QBE Insurance Group says a record level of catastrophe claims in 2011 prompted the company to warn investors that its profit will be down up to 50 percent.

Corporate risk managers looking to protect their propertyand by extension, their organizations overall financial stabilityshould consider viewing their facility risks from an engineering perspective, according to one catastrophe-risk expert.

Three-quarters of executive surveyed at the Property/Casualty Insurance Joint Industry Forum here say the industry can expect an improvement in profitability in 2012.

Every year insurance fraud inflicts billions of dollars in economic harm to the nation, the insurance industry and consumers. As schemes have evolved over the years, so too has the NICB, which celebrates its centennial.

John M. Huff, director of the Missouri Department of Insurance, said he was proud of the response of insurance companies in the wake of the Joplin tornado last year.

John M. Huff, director of the Missouri Department of Insurance, said he was proud of the response of insurance companies in the wake of the Joplin tornado last year.