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Workers compensation combined ratios remained unsustainably high in 2011, and investment returns were not high enough to generate sufficient operating returns, but premium growth in this line indicates that the worst of the recession has passed, and the industry remains well capitalized for the future, according to NCCI.

Markel Corp. indicates talk of a hard market may be premature because insurers are not exhibiting the same underwriting discipline for new business as they are for renewals.

SmallComm SOLUTIONS provides real-time access to small commercial business tools.

SmallComm SOLUTIONS provides real-time access to small commercial business tools.

Switzerland's Zurich Insurance Group beat expectations on Thursday with a 78 percent rise in first-quarter profit, helped by fewer large natural catastrophes than the year before, and said premiums were set to rise.

Property and casualty insurers added 2,000 jobs in March, a month that is typically favorable for P&C employment, according to Insurance Information Institute President Robert Hartwig.

First-quarter net income at Nationwide was $508 million, compared to $501 million for the same period a year ago, but operating income fell more than 40 percent.

One of the largest writers of homeowners insurance in Florida reports a 29 percent drop in first-quarter earnings.