Search Results

For today's business owners, simply running the day-to-day operations and enticing money-conscious consumers to their shops consumes a significant amount of their focus. However, protecting that revenue stream is as important as creating it.

Two rating agencies say the property and casualty insurance industry can handle losses from Hurricane Irene, but question whether more losses this hurricane season could change that scenario.

Two rating agencies say the property and casualty insurance industry can handle losses from Hurricane Irene, but question whether more losses this hurricane season could change that scenario.

Social media may provide an ideal avenue for risk managers and others in the industry to ask questions, collectively solve problems and to tap experts for advice around the complicated issue of captives.

An analysis developed by Citizens Property Insurance Corp. shows that Florida policyholders could be on the hook for significant assessments if the state gets hit by a major storm.

While private U.S. property and casualty insurers’ 2010 net income rose to $34.7 billion from $28.7 billion the year before, the industry’s net losses on underwriting for the year grew $7.4 billion compared to 2009.

Moody’s Investors Service says a recently announced transaction that will see Chartis transfer legacy asbestos claims to National Indemnity Insurance Company (NICO) is credit positive for Chartis, as it reduces the insurer from adverse development of asbestos liabilities.

While private U.S. property and casualty insurers’ 2010 net income rose to $34.7 billion from $28.7 billion the year before, the industry’s net losses on underwriting for the year grew $7.4 billion compared to 2009.