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Hurricane Season News

Midwestern states top 2006 list for largest catastrophe losses

While most of the country tends to consider the coastal areas to be the jackpot winners for pending catastrophes, in 2006 the Midwest won in the disaster lottery. Living in the Midwest, all of us know the devastating impact of …

Industry leaders debate federal vs. state regulation with Democratic Congress shift

The Professional Liability Underwriting Society (PLUS) held its international conference in Chicago in late 2006. Moderating the panel was television journalist Forrest Sawyer, a 24-year veteran of ABC, CBS and MSNBC, who targeted his questions to a diverse group of …

Agents, brokers ready to pursue ambitious legislative agenda in 2007

There is a new political dynamic in Congress that presents both opportunities and pitfalls. Last year, the President signed into law pension and health care reform that will greatly benefit insurance consumers. House passage of a surplus lines bill illustrated …

A look behind the very good P/C 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, discussed them with Insurance Journal’s Andrew Simpson at III’s Joint Property Casualty Insurance Conference …

Agents, brokers ready to pursue ambitious legislative agenda in 2007

There is a new political dynamic in Congress that presents both opportunities and pitfalls. Last year, the President signed into law pension and health care reform that will greatly benefit insurance consumers. House passage of a surplus lines bill illustrated …

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

This is the most remarkable statistic of all. The combined ratio we estimate to be about 94 for the year. That would be the best result since 1955. News Currents The numbers, or estimates, for the property casualty insurance industry …

How Democratic Congress might approach federal insurance regulation

News Currents The Professional Liability Underwriting Society (PLUS) held its international conference in Chicago in late 2006. Moderating the panel was television journalist Forrest Sawyer, a 24-year veteran of ABC, CBS and MSNBC, who targeted his questions to insurance leaders …

Agents, brokers ready to pursue ambitious legislative agenda in 2007

There is a new political dynamic in Congress that presents both opportunities and pitfalls. Last year, the President signed into law pension and health care reform that will greatly benefit insurance consumers. House passage of a surplus lines bill illustrated …

Industry leaders debate regulation in wake of Democratic Congress shift

The Professional Liability Underwriting Society held its international conference in Chicago in late 2006. Moderating a conference panel, television journalist Forrest Sawyer, a 24-year veteran of ABC, CBS and MSNBC, targeted his questions to a diverse group of insurance leaders …

News Currents

Biggest U.S. property cat losses in 2006 were away from coasts Property casualty insurers increasingly steered clear of the water out of fear of catastrophe losses during the past year. But while they were keeping a wary eye on the …