News

The year ahead is likely to be another profitable one for property-casualty insurance as a whole--but the big question is how long the party will last, given the industry's competitive drive and the

A dozen Wall Street analysts are predicting an average combined ratio of 98 for 2006 for the property-casualty insurance industry, but it could be even better, according to the developer of the

Washington--The Congressional Budget Office has released its cost estimate for the legislation that has extended the federal Terrorism Risk Insurance Act, predicting it will cost $1.5 billion over the

Allstate Chairman and Chief Executive Officer Edward Liddy, continuing his campaign for a federal catastrophe fund, told a group of reporters in Washington that his industry lacks the capacity to hand

According to statements they have issued, while major price hikes were achieved for property catastrophe covers, particularly for those carriers with big Gulf exposures, pricing in other lines has rem

However, he noted that decreases in the actual rates charged to employers still fall far short of the commissioner's non-binding recommended rates. The California Workers' Compensation Insurance Ratin