P-C Industry Standing Strong Despite
Recession; Growth Opportunities Seen

Obama’s infrastructure projects should create new insurable exposures

January 5, 2009
BY ROBERT P. HARTWIG

Perhaps the best thing that can be said about 2008 is that it is over. The recession that undermined the economy all year long is a vicious one, systematically destroying financial markets, institutions, jobs and confidence—all of which impact the prospects for property-casualty insurer growth and profitability in 2009. However, p-c insurers are standing strong amid general weakness in the overall financial services sector.

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AIG Sale Of Hartford Steam Boiler To Munich Re Nets Loss Of $458 Million

January 5, 2009
BY MARK E. RUQUET

As American International Group announced the sale of its Hartford Steam Boiler unit to Munich Re Group in a deal worth $742 million—$458 million less than the carrier paid for HSB back in 2000—AIG’s top executive said nearly three-quarters of the company might have to be sold to repay its federal loan.

FTC Subpoenas Nine Homeowners Insurers On Use Of Credit Scores

January 5, 2009
BY ARTHUR D. POSTAL

Nine carriers that control 60 percent of the U.S. homeowners insurance market have agreed to comply with a Federal Trade Commission subpoena requesting additional information on how credit scoring data is used to set premium rates.

P-C Industry Standing Strong DespiteRecession; Growth Opportunities Seen

Obama’s infrastructure projects should create new insurable exposures

AIG Sale Of Hartford Steam Boiler To Munich Re Nets Loss Of $458 Million

FTC Subpoenas Nine Homeowners Insurers On Use Of Credit Scores

P-C Industry Standing Strong Despite
Recession; Growth Opportunities Seen