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P/C Insurer's Gains Slip 1Q 2014

Jul 7 2014 Net losses and loss adjustment expenses (LLAE) surged upward in the first quarter of 2014 as compared to the same time period in 2013. Private U.S. property/casualty insurers' net income... more

Top 10 Risks For Insurers - Ernst & Young

Jun 28 2013 Insuring risk is risky business! As the insurance industry adjusts to a new environment of low asset returns and stricter regulation, insurers have few illusions about the challenges ahead.... more

Auto Insurance Is 5 Year Loser

Mar 20 2013 The US Auto Insurance industry will post a statutory underwriting loss in private passenger auto for the fifth consecutive year in 2012, according to a report by Fitch Ratings. Spurred by... more

2013 Insurance Rate Forecast

Feb 26 2013 Premiums for insurance is expected to continue a modest rise in 2013. By John B Sullivan, CIC President, AMERICAN INSURANCE Like our political climate "more of the same" is expected. Loss... more

Premium Increases Ahead For Businesses

Jun 11 2012 Business owners need to brace themselves for modest insurance premium increases in 2012. Faced with high catastrophe claims from 2011 and low investment returns Property-Casualty insurance... more

P&C Insurance Net Income Plunges

May 29 2012 Record 2011 losses are driving insurance price increases in 2012. As predicted in Market Forecast 2012, the insurance industry has been raising prices this year on Homeowners and commercial... more

Taxpayers May Profit Billions From AIG Bailout

Apr 16 2012 When all is said and done, AIG expects taxpayers to profit from $5B to $10B on the company's 2008 rescue. Too big to fail, AIG ultimately received a $140 billion bailout from taxpayers in... more

Allstate Agents Quit & Dissatisfied

Feb 10 2012 Overall, 73% of Allstate agents answering a national survey were "not very" or "not at all" satisfied with their relationship with the company. When asked if they would be willing to refer... more

Market Forecast 2012

Jan 5 2012 The headlines of 2011 mark the worst year ever recorded for insured losses across the globe. Worldwide natural disasters - earthquakes, tsunamis, tornadoes, hurricanes, flooding, winter... more

2011 Already Insurer's Costliest Year Ever

Aug 2 2011 After just six months, 2011 is already the most expensive catastrophe year for the insurance industry on record, according to a story taken from The Guardian. Through... more

Insurer Losses Increased in 2010

Mar 17 2011 Fueled by worldwide catastrophe losses, the combined ratios (claims + expenses) of US Insurance and reinsurance companies deteriorated 3.4% in 2010 compared to 2009. Fitch Ratings, in its... more

Can Insurers Withstand Catastrophes?

Mar 17 2011 Insurers and reinsurers worldwide have the financial strength to pay the claims that will emerge from Japan's 9.0 magnitude earthquake and the resulting tsunami but these events, coupled... more

Insurance Industry Outlook: Is the Worst Behind Us?

Aug 5 2010 In 2009 the recession caused a dramatic drop in premium revenue paid to insurance companies for business insurance policies that are primarily based on the now reduced gross sales and/or... more

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