Data & Research
Reserve Patterns Persist Post-SOX
The ability of property/casualty insurers to set loss reserves has not changed as a result of the enactment of The Sarbanes-Oxley Act of 2002, according to researchers from Illinois State University ...
Housing Collapse Drives Premiums Declines
Nevada was one of the states that was Ground Zero for the housing collapse, which explains why commercial lines premiums evaporated in the states, according to Robert Hartwig, president of the ...
Agriculture, Energy Drive Commercial Premium Growth
"Riding an energy boom, an agricultural boom and a natural resources boom," North Dakota had the biggest jump in commercial lines direct premiums written over the period 2006-2011, according to ...Top 3 Product Trends of 2012: Cyber, Cargo & Weather
Insurance Journal and MyNewMarkets.com track hundreds of new insurance products and services every year. In 2012, the industry launched numerous new coverages, enhancements, and services focused on a ...
It’s Ridiculous! Top 10 Abuses Of The Legal System
In late December, the U.S. Chamber of Commerce Institute for Legal Reform announced its list of the Top 10 Most Ridiculous Lawsuits of 2012: Intoxicated Florida driver pleads guilty to manslaughter, ...Wind Deductibles & Sandy: What It Means for Total Insured Losses
On October 29, 2012, when Hurricane Sandy made landfall along the northeast coast—a year to the day since the last northeastern superstorm and fourteen months since Hurricane Irene — the wind ...