Commercial Lines

The personal-lines insurance market is expected to do better than commercial lines, as price increases are anticipated to be tougher to achieve for commercial-lines carriers in 2012, says A.M. Best.

The P&C industry had a rough year in 2011, and the results for the first nine months show that carriers have more to worry about these days than just the threat of more disaster losses.

Florida Citizens Property Insurance Corp. is considering the use of private reinsurance, and its risk-transfer plan this year could also include the issuance of its first catastrophe bond.

Florida Citizens Property Insurance Corp. is considering the use of private reinsurance, and its risk-transfer plan this year could also include the issuance of its first catastrophe bond.

While the total dollar value of claims may not wind up being catastrophic, the damage done was certainly dramatic during the spree of car bombings that struck Los Angeles over the New Year's weekend.

The 2011 hurricane season has demonstrated once again that a high level of basinwide activity does not necessarily translate into high insured losses.

The 2011 hurricane season has demonstrated once again that a high level of basinwide activity does not necessarily translate into high insured losses.

High losses from 2011 are producing greater underwriting discipline among reinsurers when it comes to catastrophe-exposed renewals, according to a major insurance broker.