Hurricane Season News

(Un)funny money

Hawaii may have its hurricanes, California has its earthquakes and floods, and Colorado (at least this year) has cumulative snowfalls nearly a mile high. Yet in 2006, the Midwest — not West — won in the unfortunate disaster lottery. While …

A look behind the very good property/casualty results for 2006

The numbers, or estimates, for the property/ casualty insurance industry for 2006 are in. Dr. Robert Hartwig, president and chief economist of the Insurance Information Institute, sat down with Insurance Journal’s Andrew Simpson at III’s Joint Property Casualty Insurance Conference …

Industry leaders debate federal versus state regulation with Democratic Congress shift

Could federal regulation of the insurance industry become a reality, now that Democrats control both the House and Senate in Congress? And are consumers and the insurance industry ready for such a scenario? Other financial industries operate under federal regulation, …

Editor’s Note: (Un)funny money

Hawaii may have its hurricanes, California has its earthquakes and floods, and Colorado (at least this year) has cumulative snowfalls nearly a mile high. Yet in 2006, the Midwest — not West — won in the unfortunate disaster lottery. While …

A look behind the very good property/casualty results for 2006

News Currents The numbers, or estimates, for the property/ casualty insurance industry for 2006 are in. Dr. Robert Hartwig, president and chief economist of the Insurance Information Institute, sat down with Insurance Journal’s Andrew Simpson at III’s Joint Property Casualty …

News Currents

Chicago Exchange offering future contracts on ’07 hurricanes The Chicago Mercantile Exchange, the largest derivatives exchange in the U.S., is launching contracts that will allow insurers and others to hedge risk against hurricane damage. The exchange, a unit of CME …

A look behind the very good P/C results for 2006

News Currents The numbers, or es-timates, for the property casualty insurance industry for 2006 are in, and Dr. Robert Hartwig, president and chief economist of the Insurance Information Institute, discussed them with Insurance Journal’s Andrew Simpson at I.I.I.’s Joint Property …

Lessons learned from Katrina and beyond

The 2006 Atlantic hurricane season came and went with barely a blip — despite initial projections by some that there would be two to five major hurricanes that year. How could insurance industry predictions be so wrong? They weren’t, according …

A look behind the very good P/C results for 2006

News Currents The numbers, or es-timates, for the property casualty insurance industry for 2006 are in, and Dr. Robert Hartwig, president and chief economist of the Insurance Information Institute, discussed them with Insurance Journal’s Andrew Simpson at I.I.I.’s Joint Property …

Chicago Exchange, Carvill Ready Hurricane Futures for Insurers

The Chicago Mercantile Exchange, the largest derivatives exchange in the United States, announced last week that it is launching contracts that will allow insurers and others to hedge risk against hurricane damage. The exchange, a unit of CME Holdings Inc., …