At NCCI's annual Issues Symposium, the Insurance Information Institute president and CEO offered a mixture of optimism, pessimism, and hard reality on the current and future states of the property and casualty industry.

The technology revolution has done much to expand the insurance industry’s reach, automate most of the mundane and repetitive tasks, and give us the ability to provide products and services more quickly and with less human interface. But with all the positive impact of technology have we become too...

First-quarter catastrophes drove down results for several insurers and reinsurers as three Bermuda companies and Luxembourg-based Flagstone Reinsurance Holdings reported 2011 first-quarter net losses.

The NOAA reveals how destructive tornadoes have been this year.