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AAIS Develops New Form For Insuring Renewable Energy Generating Equipment

January 14, 2011 Inland marine insurers now have access to new policy forms designed for insuring property losses to renewable energy generating equipment connected or adjacent to buildings. These new forms were created by the American Association of Insurance Services … Continue reading

Fitch: P&C Market in U.S. Won’t See Any Significant Price Increase in 2011

13 Dec 2010 According to Fitch Ratings in a new report, prospects for the US P&C market are unlikely to improve in 2011 as competitive fundamentals continue to promote inadequate pricing. Signs of a meaningful shift in market underwriting capacity … Continue reading

P/C Insurers, Reinsurers Put Positive Spin on Federal Regulatory Role

National News December 6, 2010 The federal government’s new role in insurance regulation poses significant challenges and opportunities for the insurance industry, according to insurer trade group executives. The establishment of the Federal Insurance Office (FIO) is one of the … Continue reading

Expense Management for Insurers of Greater Importance

Fitch: Expense Management for Insurers of Greater Importance Source: Fitch 22 Nov 2010 A new report by Fitch Ratings reveals that expense management has taken on greater importance for insurance in the U.S. property/casualty industry. Operating expenses are a typically … Continue reading

Country’s State of Mind Will Drive Economic Recovery

Berkley: Country’s State of Mind Will Drive Economic Recovery October 28, 2010 Insurance Journal Stephanie K. Jones Economic recovery in the United States is now very dependent on the state of mind of the American public and its business leaders, … Continue reading

Lloyd’s Comments on EU’s Solvency II

Lloyd’s Comments on Approaching Implementation of EU’s Solvency II November 17, 2010 Lloyd’s of London notes that “after almost a decade of development regulators are now putting the finishing touches to Solvency II, new rules governing European insurers’ capital adequacy. … Continue reading

A Hard Market By 2012?

NU Online News Service, Nov. 16, 2:33 p.m. EDT The decline in reserve releases could indicate that the property and casualty market is set for a turn in the cycle that could come as soon as 2012, according to a … Continue reading