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Pirate Attacks Rise Again

propertycasualty360 | January 24, 2011

The number of pirate attacks has increased for the fourth straight year, with most of the action occurring off the coast of Somalia.

Measuring Excesses

propertycasualty360 | January 24, 2011

Is the industry really overcapitalized? Will it take three or more Katrina-sized events to turn the market?

Moody’s: Cat Model Changes Won’t Offset Lack Of Reinsurance Demand

propertycasualty360 | January 24, 2011

Reinsurance demand remains stifled because primary insurers have tighter reinsurance budgets and lower volumes due to reduced economic activity--and this is not expected to change due to catastrophe model revisions, according to Moody's.

KBW: Soft Pricing Goes On; Hard Market Could Emerge ‘Sooner’

propertycasualty360 | January 24, 2011

Keefe, Bruyette & Woods expects weakening returns on equity and continued soft pricing for the property and casualty industry, but a hard market could emerge sooner than many anticipate.

N.Y. AG Withdraws Charges Against Marsh Execs

propertycasualty360 | January 24, 2011

The New York attorney general has withdrawn charges against two Marsh executives who recently won an appeal of their conviction on felony monopoly charges for accepting contingent commission kickbacks.

U.S. Cargo Theft At Record Levels

propertycasualty360 | January 24, 2011

Cargo theft in the United States is on the rise, according to FreightWatch International, with food and drinks surpassing electronics as the most popular target of thieves.

Republicans Plan To Keep HC Issue in Public Eye

propertycasualty360 | January 24, 2011

The House vote to repeal the health care reform law enacted in April was mostly “symbolic,” but it sets the stage for continuing efforts by Republicans to keep the health care reform debate before the public eye.

Two Insurance Groups Spar Over Intent, Scope Of Upcoming FIO Report

propertycasualty360 | January 24, 2011

The PIA believes the decision on federal oversight of the insurance industry should be given to a nonpartisan entity, such as the Government Accountability Office, while the AIA argues such a decision should be left with the Federal Insurance Office.

Taking Advantage Of Web 2.0

propertycasualty360 | January 24, 2011

Web 2.0 not only helps agents do business but also changes the way agents, clients and carriers interact with one another in some very profound ways.

2011: The P&C Insurance Industry In The Aftermath Of The “Great Recession”

propertycasualty360 | January 24, 2011

With 2010 in the rearview mirror, it is now time to focus on 2011.

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Pirate Attacks Rise Again

Measuring Excesses

Moody’s: Cat Model Changes Won’t Offset Lack Of Reinsurance Demand

KBW: Soft Pricing Goes On; Hard Market Could Emerge ‘Sooner’

N.Y. AG Withdraws Charges Against Marsh Execs

U.S. Cargo Theft At Record Levels

Republicans Plan To Keep HC Issue in Public Eye

Two Insurance Groups Spar Over Intent, Scope Of Upcoming FIO Report

Taking Advantage Of Web 2.0

2011: The P&C Insurance Industry In The Aftermath Of The “Great Recession”

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