NU Online News Service, May 31, 3:03 p.m. EDT
A financial analyst's review has determined that while property and casualty industry reserves remain adequate, the industry is “flirting with inadequacy,” with workers' compensation presenting the greatest risk of experiencing deficiencies.
Based on its review of consolidated statutory reserves at year-end 2011, released by the National Association of Insurance Commissioners through SNL Financial, Stifel Nicolaus says in a report, “Reserves are still adequate, albeit weaker than at [year end 2010], but inadequacies could emerge if inflation ramps up.”
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