Workers' compensation insurers have seen net written premium dive 23 percent from 2007 to 2009, the chief executive of the National Council on Compensation Insurance told a conference here.

U.S. commercial property and casualty insurance premiums and corresponding rates were down 4 percent last month, but an uptick is coming for energy rates, an insurance exchange executive predicted.

Calling it a positive move, Fitch Ratings reported that U.S. insurers raised $38.6 billion in capital in 2009 through the first quarter of 2010.

Swiss Re reported first-quarter profit rose 22 percent over the same period last year despite significant catastrophe losses in its property and casualty segment that resulted in a 19.2 point increase in its combined ratio.

W. R. Berkley Corporation announced the promotion of Berkley Medical Excess Underwriters Chief Operating Officer Collin J. Suttie to president of BerkleyMed.

Property and casualty insurance industry sources said they believe a revenue-hungry Congress will finally decide to impose higher taxes on offshore-based insurers.

Four insurers who filled databanks with thousands of inaccurate reports on drivers have agreed to pay a monetary penalty and correct the record, Massachusetts Attorney General Martha Coakley announced.

Auto policyholders' comprehensive coverage deductible amounts are rising at a 160 percent faster rate than collision deductibles, according to a Mitchell International Inc. study.