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Hartwig: S&P Action Insignificant To Insurers, But Underlying Economics Bear Watching

After re-emphasizing that Standard & Poor’s rating action on U.S. long-term sovereign debt will have little, if any, effect on the insurance…

By Caroline McDonald | Updated on August 22, 2011

After re-emphasizing that Standard & Poor’s rating action on U.S. long-term sovereign debt will have little, if any, effect on the insurance industry, Robert Hartwig, president of the Insurance Information Institute, said there are some underlying economic conditions that need to be looked at.

“What in the World is Going On?” was the theme of his talk given during the Vermont Captive Insurance Association’s 26th annual conference in Burlington, Vt.

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