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Sandra Parrillo was sworn in yesterday as chairwoman of the board of the National Association of Mutual Insurance Companies, during the association's 115th annual conference held in San Diego.

Mutual insurers have lived long and prospered thanks in large part to their unique business model, focusing on the concerns of policyholders rather than outside investors, the incoming chair of NAMIC says.

Mutual insurers have lived long and prospered thanks in large part to their unique business model, focusing on the concerns of policyholders rather than outside investors, the incoming chair of NAMIC says.

The moribund economy will combine with zero interest rates to deliver a one-two knockout punch to property and casualty insurer bottom lines.

At the 14th annual P&C Joint Industry Forum, experts talked about how the industry is able to focus on its core business of transferring risk and paying claims amid the economic crisis.

The moribund economy will combine with zero interest rates to deliver a one-two knockout punch to property/casualty insurer bottom lines.