The National Association of Professional Insurance Agents has described 2010 as a year of "stop-and-starts" for the critical National Flood Insurance Program.
Farmers Insurance experienced the largest drop, 3 percent, in customer satisfaction among property and casualty insurers, but overall the industry's score is unchanged
Standard & Poor's has revised the rating outlook for U.S. personal property and casualty insurance lines to stable from negative, pointing to more favorable pricing among the factors prompting the change.
Property and casualty carrier employment decreased by 0.2 percent in October compared to September, dropping to the lowest employment level in the last 20 years, according to an I.I.I. analysis of Bureau of Labor Statistics data.
The latest surveys of rate changes for the group medical and the property and casualty insurance markets reveal a tale of two very different markets--with medical rates continuing to climb and p&c prices still falling.
The 2011 outlook for personal and commercial lines remains stable, according to Fitch Ratings, but a turn to negative is more likely for commercial lines than personal, the rating agency said.
Property and casualty carrier employment decreased by 0.2 percent in October compared to September, dropping to the lowest employment level in the last 20 years, according to an Insurance Information Institute analysis of Bureau of Labor Statistics data.
Rates for U.S. property/casualty commercial insurance policies were down an average of five percent during November, a slight decrease from the last several months, which saw declines of four percent.
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.
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.