Property & Casualty Insurance Archives

Nov 7
Lloyds Of London Official Warns Insurers Of Precipice
Andrew Smyth November 7, 2006
Know More: Insurance News, Property & Casualty Insurance, Property Casualty Insurers Association of America, nationalunderwriter.com 2.0, Property Casualty Insurers Association of America
Insurers should be aware that they may be “teetering on the brink of disaster unless they exercise financial responsibility, embrace globalization and educate the public about their industry” according to a Lloyd of London official at the annual meeting of...
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Posted at 11:00 AM | Permalink | Comments
Oct23
States With Most Expensive Homeowners Insurance Might Surprise You
Andrew Smyth October 23, 2006
Living in California one knows the perils facing homeowners that range from wildfires to earthquakes.  However, when it comes to the most expensive states for homeowners’ insurance policies California doesn’t even crack the top ten according to an article on... Continue Reading
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Oct11
Property-Casualty Insurance Industry Large Part Of U.S. Economy
Andrew Smyth October 11, 2006
The American Insurance Association released a report on the impact of the property-casualty insurance industry on the U.S. economy according to nationalunderwriter.com.  The report reveals the p-c industry employs over 580,000 people and pays $34 billion in wages and salaries. ... Continue Reading
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Oct 5
Michigan Enacts Guaranty Fund Coverage Reforms
Andrew Smyth October 5, 2006
The Property Casualty Insurers Association of America (PCI) commented on Michigan’s passing of a series of reforms to the Michigan Property Casualty Guaranty Association Act in a news release.  One reform will “add a large deductible provision which clarifies the... Continue Reading
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Sep11
Are Long Island & New York Overexposed To Tropical Storms?
Andrew Smyth September 11, 2006
The most recent tropical storm, Ernesto, hit Long Island this past week and caused some major and minor damages.  An estimated 40,000 people were left without electricity not to mention the trees down, broken windows and other damages.  Sam Friedman... Continue Reading
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P&C Insurance Rates Decline By 7% In August
Andrew Smyth September 11, 2006
Online insurance wholesaler MarketScout reported an overall decline in property-casualty insurance rates by 7 percent for August according to nationalunderwriter.com.  Some small increases were found in “commercial property, directors and officers and business income insurance.”Interestingly the 7 percent decline in... Continue Reading
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Property-casualty Rates Decline 7% In June compared To Last Year
High Net Worth Clients Chime In On Top Property & Casualty Insurers

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