Commercial Lines

Until another significant event occurs to take a large bite out of industry capital or underwriting capacity, a true hard market will remain elusive, says Fitch Ratings.

Employment in the industry fell in January 2012 compared to both December 2011 and January 2011, with agents and brokers shedding the most jobs, 4,100, from December to January, but Insurance Information Institute President Robert Hartwig says the outcome is typical of industry-employment patterns in January.

John Tutera of Hiscox discusses risks particular to the construction industry, especially in this age of modular construction and 3D design.

Health exchange regulations finalized by the Obama administration envision allowing agents, brokers and private companies, to sell coverage on the exchange to individuals and employers through privately-run websites

The first meeting of the Federal Advisory Committee on Insurance has been scheduled at the U.S.Treasury Department, even as interested parties await the report to Congress from Treasurys Federal Office of Insurance.

One old-time financing method could give budget-squeezed governmental agencies needed capital flexibility to immediately pay for infrastructure repairsbut the surety industry, contractors and lenders would have to modify their business models first.