Commercial Lines

Three-quarters of executive surveyed at the Property/Casualty Insurance Joint Industry Forum here say the industry can expect an improvement in profitability in 2012.

John M. Huff, director of the Missouri Department of Insurance, said he was proud of the response of insurance companies in the wake of the Joplin tornado last year.

The recession may be over, but restaurants are still finding it tough to bring back customers in the numbers they saw during boom times. Many are turning to innovations to grow their business. While that can be a plus for their balance sheets, it also can open the door to...

Michael T. McRaith, director of the Federal Insurance Office, said he is aware of anxiety that his office will be asking for duplicate data, bogging the insurance industry down in paperwork for what has been perceived as, potentially, an additional regulatory authority.

Brown & Brown completes its purchase of MGA Arrowhead General and CBIZ says it has acquired Meridian Insurance of Boca Raton, Fla.

Challenged by a volatile underwriting cycle, a shaky economy and the uncertain impact of new regulations, U.S. property and casualty insurers must respond by investing in core systems, understanding changing consumer habits and using business analytics to address difficult top-line growth conditions, according to Ernst & Young.