So many insurance-airline programs are now pushed to the fourth quarter that it is becoming increasingly difficult for brokers to manage the renewals effectively, according to a report from insurance broker Willis.

Brown & Brown broke with its tradition of acquiring small accounts to announce it will purchase managing general agency Arrowhead General Insurance for $400 million.

Property-and-casualty insurance brokers were given a continued stable outlook from Fitch Ratings, as revenue and earnings growth in 2012 is forecast to match or exceed levels recorded during the first nine months of 2011.

Flooding in Thailand that began in July and peaked in October and November could result in insured losses of more than $10 billion, according to the latest estimates.

The property and casualty insurance industry has a leg up on life and health insurers when it comes to customer satisfaction, according to the most recent American Customer Satisfaction Index.

The property and casualty insurance industry got hit hard with losses in 2011, but the prospect of a return to underwriting discipline and improved earnings in 2012 leads Fitch Rating Service to give the industry a stable outlook.

Europes run-in with severe Windstorm Friedhelm is not expected to produce significant insurance claims despite hurricane-force wind gusts, say experts.

Financial institutions Morgan Stanley and HSBC reached an agreement with guaranty insurer MBIA to withdraw from their legal challenges and go their separate ways, leaving five firms to battle it out over the insurers restructuring and accusations the banks fraudulently secured insurance coverage.