P/C Industry News

Year to date Sept. 30, 2002 Surplus Lines Combined Ratios Show Improvement

On Dec. 31, 2001, the weighted average combined ratio of the 21 surplus lines insurance companies identified in the graphic was approximately 113 percent. By March 30, 2002, the weighted average combined ratio had declined to approximately 103 percent. By …

ROUGH ROAD FOR COMMERCIAL LINES

Fitch Ratings reports that the commercial line and reinsurance sectors of the domestic property and casualty industry faces greater uncertainty than personal lines, according to a new report published by the ratings agency. In its report, Fitch said its outlook …

Year to date Sept. 30, 2002 Surplus Lines Combined Ratios Show Improvement

On Dec. 31, 2001, the weighted average combined ratio of the 21 surplus lines insurance companies identified in the graphic was approximately 113 percent. By March 30, 2002, the weighted average combined ratio had declined to approximately 103 percent. By …

Conning Reports P/C Insurers’ Reserve Deficiency More Than Doubles From a Year Ago

Despite the P/C industry’s best efforts to have rates keep pace with losses, results are deteriorating, according to new study by Conning Research & Consulting, Inc. In fact, Conning estimates that the deficiency has more than doubled from just a …

Dorman Consulting Associates Holds P/C Related Seminars in Chicago

Ohio-based Dorman Consulting Associates, which provides product-related seminars to the P/C industry, will offer a 2 1/2 day Product Management Skills and Techniques seminar in Chicago, April 9-11. Another seminar, Pricing and Rate Making in Plain English, will be held …

Fitch Says Personal Lines will Fare Better than Commercial

Highlighting the questions on profitability and reserves, Fitch Ratings reports that the commercial line and reinsurance sectors of the domestic property/casualty industry faces greater uncertainty than personal lines, according to a new report published by the ratings agency. In its …

Uniform Information Services Releases AuthenticWeb for Selection/Rejection

Uniform Information Services (Uniform), a provider of information solutions for compliance professionals in the P/C industry, has released AuthenticWeb for Selection/Rejection. Uniform is a division of CCH Incorporated (CCH). AuthenticWeb is a combination of Uniform’s traditional product offerings in Selection/Rejection …

New Year…New Fraud Scams…New Fraud Solutions

Most people wake up on New Year’s Day and make a resolution: lose weight, exercise more, spend more time doing the things you enjoy. The National Insurance Crime Bureau (NICB) woke up on New Year’s Day 2003 with the same …

New Year…New Fraud Scams…New Fraud Solutions

Most people wake up on New Year’s Day and make a resolution: lose weight, exercise more, spend more time doing the things you enjoy. The National Insurance Crime Bureau (NICB) woke up on New Year’s Day 2003 with the same …

Surviving Today’s Changing Marketplace: Peak Performance Conf. Set for Jan. 30 – Feb. 2

Nestled amidst the snow-capped peaks surrounding Colorado’s Copper Mountain Resort, a select group of insurance professionals will gather Jan. 30 – Feb. 2 to develop the strategy and means to generate higher profits and greater income. Currently there is only …