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Rates for U.S. property and casualty commercial insurance policies were down an average of 5 percent during November, a slight decrease from the last several months, which saw declines of 4 percent.

Employment in the property and casualty insurance industry declined in September 2010, casting doubt on hopes that industry employment trends were turning around.

Two years ago Robert Capps, a senior editor at Wired magazine, published a seminal article, "The Good Enough Revolution: When Cheap and Simple Is Just Fine."

With all the great minds in corporate IT departments, you would think innovation would be driven from the business world to consumers, but that hardly seems the case these days.

Natural and man-made catastrophes have caused an estimated $36 billion in losses for insurers in 2010, a 34 percent increase over last year, said Swiss Re.

Cindy Saccocia doesn't mince words when it comes to what she believes lies ahead for insurance IT and IT leaders in 2011.

With all the great minds in corporate IT departments, you would think that innovation would be driven from the business world to consumers, but that's hardly the case.

Although municipal bonds make up 27 percent of the investment portfolios of property and casualty insurers, even bond losses that could result from extreme stress scenarios are expected to be manageable, Moody's reported.