What were the biggest issues for your members in 2011?

Chuck Chamness: Our member companies suffered through record cats in many parts of the country, a low investment return environment, continued soft market and a highly competitive environment. It was a tough year, and the results at the end of the year will show that.

Yet looking at the financials, we still remain at near record capital as an industry. There is still plenty of capacity to cover the country's needs for property-casualty insurance, so we won't have any challenges in this core area.

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