Personal Lines

The government in Thailand is looking to establish what would be the largest excess-of-loss property catastrophe treaty in the worlda catastrophe fund equipped to cover losses of up to $16.2 billion.

The government in Thailand is looking to establish what would be the largest excess-of-loss property catastrophe treaty in the worlda catastrophe fund equipped to cover losses of up to $16.2 billion.

Each year, Insure.com ranks the most expensive and least expensive automobiles to insure.

Catastrophe losses in 2011 led to the U.S. P&C industrys largest underwriting loss since 2002, according to A.M. Best. And while the latest MarketScout barometer shows that 2012 began with another month of commercial-lines rate increases, Best maintains that a true hard market is likely at least a year or...

After a rough, cat-filled 2011, how do commercial-lines carriers feel about 2012? NU asked several key players for their perspective on which lines offer new opportunities; how they will expand their distribution channels; where carriers will be investing; and how they will handle relationships with risk managers as the...

Total insurance-industry employment grew by over 5,000 jobs in December 2011 compared to November, but Insurance Information Institute President Robert Hartwig notes that the big news is not the month-to-month changes, but rather the recalibrating of current and recent industry employment.

Another year of costly natural catastrophes is causing many insurance industry stakeholders to wonder just how many more unexpected levels of loss they can tolerate.

Hanover Insurance Group says 2011 fourth-quarter net income fell slightly to $49.3 million, compared to $58.4 million the prior year.