News

The first-half results for property and casualty insurers are in, and the numbers are not very pretty, as the industry reported more than a 71 percent drop in net income.

A number of challenges continued in the workers compensation segment throughout 2010, causing additional decline in premium volume and deterioration of underwriting results, according to A.M. Best.

Legislation designed to close a tax loophole that benefits property and casualty insurers based offshore has been reintroduced in the House and Senate.

Legislation designed to close a tax loophole that benefits property and casualty insurers based offshore has been reintroduced in the House and Senate.

Holding interest rates low to foster growth is no panacea. One resultant issue is depressed insurer investments, which puts a strain on P&C.

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