Error

An error occurred while fetching the data.

Error details: Error: The field at path '/readnext/contents[4]/uri' was declared as a non null type, but the code involved in retrieving data has wrongly returned a null value. The graphql specification requires that the parent field be set to null, or if that is non nullable that it bubble up null to its parent and so on. The non-nullable type is 'String' within parent type 'Content': {"response":{"errors":[{"message":"The field at path '/readnext/contents[4]/uri' was declared as a non null type, but the code involved in retrieving data has wrongly returned a null value. The graphql specification requires that the parent field be set to null, or if that is non nullable that it bubble up null to its parent and so on. The non-nullable type is 'String' within parent type 'Content'","path":["readnext","contents",4,"uri"],"extensions":{"classification":"NullValueInNonNullableField"}}],"data":{"articleData":{"uri":"/2010/06/02/sp-raises-flag-about-pace-of-reserve-releases/","canonicalUrl":"https://www.propertycasualty360.com/2010/06/02/sp-raises-flag-about-pace-of-reserve-releases/","generatedId":"heh45fikee","naturalId":"blogAndPostId/blog/post/414-25711","type":"ARTICLE","postFormat":null,"kickerPresentedBy":null,"breadcrumb":[],"presentedBy":"","title":"S&P Raises Flag About Pace Of Reserve Releases","readtime":"2","timeToRead":"2 minute","prettyModified":"","prettyDateTime":"June 02, 2010 at 08:00 PM","needToKnow":[],"byline":"Arthur D. Postal","showDisclaimer":true,"authors":[{"name":"Arthur D. Postal","description":"","imageLarge":"https://secure.gravatar.com/avatar/f16d6fc2845f417ea0e93a3f2b6cd37d?s=136&d=mm&r=g","webUrl":"/author/profile/arthur-d-postal/"}],"publication":"Property Casualty 360","kicker":"News","kickerNode":[{"name":"News","slug":"news-kicker","uri":"/news/","sectionName":"News"}],"prettyDate":"June 02, 2010","pubDate":"2010-06-02 20:00:00:000","modifiedDate":"","isDownload":"false","primaryCategory":{"channelName":"","sectionName":"","name":"","uri":"","slug":"","channelUri":""},"tags":[],"image":{"uri":"","width":"","height":"","alt":""},"embed1":"","embed2":"","summary":"Standard &amp; Poor&#039;s said property and casualty insurers will not be able to sustain the current pace of reserve takedowns in the face of deteriorating business conditions in an announcement today.","categories":[],"bodyArray":["<p><strong>NU Online News Service, June 3, 3:30 p.m. EDT</strong></p>","<p>Standard &amp; Poor's said property and casualty insurers will not be able to sustain the current pace of reserve takedowns in the face of deteriorating business conditions in an announcement today.</p>","<p>In addition, rating downgrades could be in store for some carriers if the New York-based rating agency determines their reserve levels are deficient based on its independent evaluations of reserve adequacy, S&amp;P warned.</p>","<div class=\"paywall-content\"><p>The concerns are included in the new S&amp;P report, \"Why U.S. Property/Casualty Insurers Might Have To Put The Brakes On Reserve Releases.\"</p>","<p>\"We now believe that after years of large reserve releases from recent accident years, companies likely won't be able to continue at this pace,\" said Standard &amp; Poor's credit analyst Siddhartha Ghosh, in a statement released in conjunction with the report.</p>","<p>He said p&amp;c insurers have released reserves amid an environment of weak economic recovery prospects, shaky consumer confidence stemming from high unemployment, and a prolonged soft underwriting cycle.</p>","<p>Those factors will make it difficult for the U.S. p&amp;c insurance industry to sustain its historical operating profitability forward, he said.</p>","<p>Lower revenue income from a decline in payrolls and sales, excess capacity in the industry, continuing price declines, and reduced net investment income resulting from low investment yields are going to weaken insurers' operating profitability in the years ahead, S&amp;P said.</p>","<p>Moreover, S&amp;P believes that as the current soft market cycle continues, some p&amp;c insurers could upwardly revise their prior-year reserve estimates, especially for some of the longer-tail lines.</p>","<p>\"We continue to elevate our independent analysis of loss reserve adequacy for p&amp;c insurers based on our current criteria and advanced tools,\" Mr. Ghosh said.</p>","<p>\"If we find that a p&amp;c insurer's required reserves are inadequate, we might adjust the company's reserve adequacy, earnings, or capital adequacy,\" he said.</p>","<p>\"In some cases, this could, based on materiality, result in rating actions,\" he warned.</p></div>"],"slides":[],"video":null},"articlePackages":[],"youmightlike":[{"uri":"/2024/11/06/third-quarter-global-insured-catastrophe-losses-exceed-100-billion/","title":"Third-quarter global insured catastrophe losses exceed $100 billion","byline":"Joe Toppe","prettyDate":"November 06, 2024","readtime":"2","image":{"uri":"https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2024/11/Rescue-Service-Flood-Article-202411061106.jpg","width":"620","height":"372"},"summary":"Twenty-six different billion-dollar loss events hit the United States so far in 2024, Aon reports."},{"uri":"/2024/11/06/around-the-pc-insurance-industry-november-6-2024/","title":"Around the P&C insurance industry: November 6, 2024","byline":"PC360 Staff Writer","prettyDate":"November 06, 2024","readtime":"3","image":{"uri":"https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2024/10/Around-the-Industry_620x372.jpeg","width":"620","height":"372"},"summary":"This week's update includes insurance industry news from McLarens, Vertafore, CRDN and more."},{"uri":"/2024/11/05/30-of-americans-lacking-home-or-contents-coverage/","title":"30% of Americans lack sufficient home, contents coverage","byline":"Corey Dahl","prettyDate":"November 05, 2024","readtime":"2","image":{"uri":"https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2024/11/Property-insurance-Article-202411051312.jpg","width":"620","height":"372"},"summary":"Just one-third of Americans say all of their valuables are adequately insured."},{"uri":"/2024/11/05/anaheim-rejects-498-unit-apartment-project-over-wildfire-risk-414-262469/","title":"Wildfire risk leads California city to reject new apartment project","byline":"Jack Rogers","prettyDate":"November 05, 2024","readtime":"4","image":{"uri":"https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2024/11/Wildfire-CA.jpg-image620x372.jpg","width":"620","height":"372"},"summary":"Wildfire risk has increased by 40% during the last three decades in California's forest-adjacent urban areas."},{"uri":"/2024/11/04/whos-using-what-in-pc-insurance-november-4-2024/","title":"Who's using what in P&C insurance: November 4, 2024","byline":"PC360 Staff Writer","prettyDate":"November 04, 2024","readtime":"1","image":{"uri":"https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2020/04/Whos-Using-What-4.jpg","width":"616","height":"372"},"summary":"Insurance technology news from Cognizant, Brickeye and SimplePin."},{"uri":"/2024/11/04/insured-losses-from-spain-floods-predicted-well-above-e1-billion/","title":"Insured losses from Spain floods predicted 'well above' €1 billion","byline":"Joe Toppe","prettyDate":"November 04, 2024","readtime":"2","image":{"uri":"https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2024/11/Spain-Floods-Article-202411040926.jpg","width":"620","height":"372"},"summary":"Morningstar DBRS: Some areas received a year's worth of rain in just eight hours."}],"readnext":{"contents":[{"uri":"/2024/11/05/will-u-s-election-results-lead-to-political-unrest-community-violence/","title":"Election Day in the U.S. spurs political unrest concerns","byline":"Joe Toppe","summary":"The days and weeks after the election could prove most consequential, the Council on Foreign Relations reports.","prettyDate":"November 05, 2024","kicker":"Q&A","image":{"uri":"https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2024/11/People-voting-Article-202411050917.jpg","width":"620","height":"372"},"breadcrumb":[],"primaryCategory":{"name":"","uri":"","channelName":"","channelUri":""}},{"uri":"/2024/11/05/7-questions-answered-about-commercial-general-liability-insurance/","title":"7 Commercial general liability insurance questions answered","byline":"Elana Ashanti Jefferson","summary":"The details related to any business operation dictate the type and extent of necessary insurance for that enterprise.","prettyDate":"November 05, 2024","kicker":"Slideshow","image":{"uri":"https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2022/06/02_Converse-with-clients_Answer-questions_Shutterstock.jpg","width":"620","height":"372"},"breadcrumb":[],"primaryCategory":{"name":"","uri":"","channelName":"","channelUri":""}},{"uri":"/2024/11/05/best-car-insurers-of-2024/","title":"Consumer Reports: Best car insurers of 2024","byline":"Joe Toppe","summary":"Small insurance companies can offer rates starting at $164 for drivers with a clean record, Policygenius says.","prettyDate":"November 05, 2024","kicker":"Slideshow","image":{"uri":"https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2024/11/traffic-jam-Article-202411051131.jpg","width":"620","height":"372"},"breadcrumb":[],"primaryCategory":{"name":"","uri":"","channelName":"","channelUri":""}},{"uri":"/2024/11/06/californias-ongoing-crisis-has-made-these-home-insurers-scale-back/","title":"California's ongoing crisis made these home insurers scale back","byline":"Brittney Meredith-Miller","summary":"Homeowners and insurers alike are up against a tough market in the Golden State.","prettyDate":"November 06, 2024","kicker":"Slideshow","image":{"uri":"https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2024/11/5.-Others.jpg","width":"620","height":"372"},"breadcrumb":[],"primaryCategory":{"name":"","uri":"","channelName":"","channelUri":""}},null]}},"extensions":{"DateTime":"2024-11-07T08:10:38.155057373","ResponseTime":"?","AuthorizedUser":false,"AlmContext":"AlmContext{clientIP='10.0.253.254', internalIP='true', origin='', authorizedUser='false', Chinchilla, userAccount='null', UCID=null, ipAccount='null'}","NavServiceResponse":{"message":"Show a wall","action":"show wall","data":"WelcomeWall","placResultsPublic":{"overallContentType":"FreeWithRegContent","userState":"DENYFREEWREGNOTLOGGEDIN","showWall":"WelcomeWall","userAccess":"0","referrer":"https://www.propertycasualty360.com/2010/06/02/sp-raises-flag-about-pace-of-reserve-releases","userAccessCookie":null,"productList":"","contentMetaData":"<?xml version='1.0' encoding='UTF-8'?><ARTICLE><TYPE>ARTICLE</TYPE><ID>/2010/06/02/sp-raises-flag-about-pace-of-reserve-releases/</ID><SOURCE>Property Casualty 360</SOURCE><PUBLICATION-DATE>2010-06-02 20:00:00</PUBLICATION-DATE><PUBLICATION-NAMES><PUBLICATION-NAME>Property Casualty 360</PUBLICATION-NAME></PUBLICATION-NAMES><PRACTICE-AREAS /><CHANNELSECTIONS><CHANNELSECTION><CHANNEL>Kicker</CHANNEL></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>News</SECTION></CHANNELSECTION></CHANNELSECTIONS><REFERRER>https://www.propertycasualty360.com/2010/06/02/sp-raises-flag-about-pace-of-reserve-releases</REFERRER></ARTICLE>","numberOfViewsLeft":0,"numberOfFCFViewsLeft":0,"decisionEngine":"RidgeRunner","rulesFiredString":"[]","contentProductCodes":"[\"regonlypubcontent\"]"}},"DebuggingData":null,"UsedCache":"true","DataUrl":"http://ml.alm.com:9016/bff-services/content/get-you-may-like-for-content.xqy?naturalId=/2010/06/02/sp-raises-flag-about-pace-of-reserve-releases/&site=www.propertycasualty360.com&total="},"status":200,"headers":{}},"request":{"query":"\n####\n####\n# QUERY\n# ROUTE:/2010/06/02/sp-raises-flag-about-pace-of-reserve-releases/\n####\n\n\nquery PropertyCasualty360__view_article_no_sitedir{articleData:\n getContent(naturalId: \"/2010/06/02/sp-raises-flag-about-pace-of-reserve-releases/\", site:\"propertycasualty360.com\") {\n uri\n canonicalUrl\n generatedId\n naturalId\n type\n postFormat\n kickerPresentedBy {\n \t\t label\n \t\t value\n \t\t}\n breadcrumb{\n name\n \t\turi\n }\n presentedBy\n title\n readtime\n timeToRead\n prettyModified\n prettyDateTime\n needToKnow\n byline\n showDisclaimer\n authors {\n name\n description\n imageLarge\n webUrl\n }\n publication\n kicker\n kickerNode {\n name\n slug\n uri\n sectionName\n }\n prettyDate\n prettyDateTime\n pubDate\n modifiedDate\n isDownload\n primaryCategory {\n channelName\n sectionName\n name\n uri\n slug\n channelUri\n }\n tags\n image {\n uri\n width\n height\n alt\n }\n embed1\n embed2\n summary\n categories {\n name\n uri\n channelName\n }\n bodyArray\n slides {\n title\n image\n caption\n height\n width\n }\n video\n\n }\n articlePackages:\n getPackagesForArticle(docId: \"/2010/06/02/sp-raises-flag-about-pace-of-reserve-releases/\", limit: 3, publication:\"propertycasualty360.com\") {\n title \n slug\n type \n summary\n cssFile\n navigations {\n name\n link\n }\n articles {\n title\n kicker\n uri\n image {\n uri\n }\n }\n\n \n }\n youmightlike:\n getYouMayLikeForContent(naturalId: \"/2010/06/02/sp-raises-flag-about-pace-of-reserve-releases/\", site:\"propertycasualty360.com\") {\n uri\n title\n byline\n prettyDate\n readtime\n image {\n uri\n width\n height\n }\n summary\n }\n readnext:\n getStatsList(site:\"propertycasualty360.com\", topic: \"\", limit: 5, timeframe: \"3days\" ) {\n contents {\n uri\n title\n byline\n summary\n prettyDate\n kicker\n image {\n uri\n width\n height\n }\n breadcrumb{\n name\n \t\turi\n }\n primaryCategory {\n name\n uri\n channelName\n channelUri\n }\n breadcrumb {\n name\n uri\n }\n }\n\n }\n }"}}