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The decline in reserve releases could indicate that the property and casualty market is set for a turn in the cycle that could come as soon as 2012, according to a financial analyst's report.

The decline in reserve releases could indicate that the property and casualty market is set for a turn in the cycle that could come as soon as 2012, according to a financial analyst's report.

rporate risk managers are generally dissatisfied with the level of service they get from both brokers and insurers, and very few of these insurance providers distinguish themselves in the marketplace.

Indirect loss is far more complex and costly than direct loss. It also carries serious ramifications for a larger number of people.

Greenwich, Conn.-based insurer W.R. Berkley Corp. reported its third-quarter net income dropped 4 percent, primarily due to weather-related losses.

There are many stories in this industry about people who thought they were on a satisfying career path to one career and found themselves through some quirk of fate in the insurance industry.

"This is a marathon business, not a sprint." That is how William R. Berkley, chairman and chief executive officer of W.R. Berkley Corporation, explains the patience that he and the rest of the management team have exercised...

William R. Berkley, chairman of W.R. Berkley Corp., and Adam Stafford, senior project manager of market operations for Lloyd's, are featured speakers during next month's NAPSLO annual meeting.