Property-Casualty Sector's Income Up, But Net Worth Falls
- Insurers need $40B to pay pollution claims, S&P says. Otis, L.H. // National Underwriter / Property & Casualty Risk & Benefits Manag;10/30/95, Vol. 99 Issue 44, p1
Reports that the property-casualty insurance industry in the United States needs $40 billion to pay off its future environmental liability claims. Increase in the cost of cleanups; Percentage of total environmental losses; Recommendation for insurance reserves.
- CEOs Split On Hard Market Future. Ruquet, Mark E. // National Underwriter / Property & Casualty Risk & Benefits Manag;9/29/2003, Vol. 107 Issue 39, p6
Delves into the property issues discussed at the Independent Insurance Agents & Brokers Convention in Las Vegas, Nevada in September 2003. Issue of asbestos, workers' compensation, and low interest rates companies are getting on investments; Matter of the usage of credit scoring in the customer...
- HO Market "Stressed Out". McCord, William; Griffith, James // National Underwriter / Property & Casualty Risk & Benefits Manag;9/29/2003, Vol. 107 Issue 39, p14
Reports on the deteriorating state of homeowners coverage business in the U.S. Reasons for the decline in profits; Difference of home structures in the rural and urban areas; Usage of appropriate tools by underwriters to manage home damage risk.
- Domestic briefing: The best of BestWeek. // Best's Review / Property-Casualty Insurance Edition;Oct97, Vol. 98 Issue 6, p20
Reports on developments concerning property insurance agencies in the United States as of October 1997. New Jersey insurance department's declaration of Home State Insurance Co. as insolvent; Increase in the rate of insurance premiums in the first half of 1997; Increase in the average payment...
- Global outlook: News & analysis. // Best's Review / Property-Casualty Insurance Edition;Oct97, Vol. 98 Issue 6, p24
Reports on developments concerning property insurers around the world as of October 1997. New York-based American International Group Inc.'s receipt of a license to enter the automobile insurance in Japan; Boston, Massachusetts-based John Hancock Mutual Life Insurance Co.'s plans to set up a...
- The biggest catastrophe: Not uniting. Luchs, Charles M. // Best's Review / Property-Casualty Insurance Edition;Oct97, Vol. 98 Issue 6, p89
Discusses the proposed measures with which the United States insurance industry can address availability problems confronting property owners. Provision of insurers to reserve for future catastrophes; Provision of reinsurance fund to state catastrophe insurance programs; Letting the US Treasury...
- Snaring the small alternative account. Murphy, Michael // Best's Review / Property-Casualty Insurance Edition;Oct97, Vol. 98 Issue 6, p90
Focuses on small commercial accounts as alternative to medium and large commercial accounts in the property insurance market in the United States. Share of the small market in the total premium of middle to large commercial accounts; Mechanics of the activity called reinsurance investment;...
- Fire, water damage account for most homeowners' claims. // Best's Review / Property-Casualty Insurance Edition;Oct97, Vol. 98 Issue 6, p100
Highlights the results of the study on the primary sources of insured property losses in the United States. Rank of fire and water damage in the identified causes; Implications of the findings for communities; Most frequent claim driver; Source of largest average paid per claim.
- How we rank property & casualty insurers. A.O. // FW;9/13/94, Vol. 163 Issue 19, p56
Discusses the procedure in ranking property and casualty insurers. Number of ratios; Definition of terms and ratios.