In the aftermath of a major catastrophe, recovery will require the government and the private sector to work together. And input from the insurance industry is needed, say state officials.

Europes sovereign debt crisis could have a negative impact on the U.S. property and casualty industrys ability to change the course of the soft market should the economy fall into another recession, an industry consultant says.

Insurers can play a vital role in the development of renewable energy by producing risk-transfer programs and making corporate investments themselves, says insurer Munich Re.

Insurers can expect competition to remain intense for policy-administration systems without a major vendor to choose from in the near future, says Celent, a major consulting service.

Insurers can expect competition to remain intense for policy-administration systems without a major vendor to choose from in the near future, says Celent, a major consulting service.

Third-quarter reserve releases declined nearly19 percent over the same period a year priorwhichcould put greater pressure on carriers to increase rates, according to analysis by Stifel Nicolaus.

Terry Fleming, director of the Division of Risk Management, Montgomery County, Md., and immediate past president of the Risk and Insurance Management Society, cautions that the Neal Bill, introduced by Rep. Richard Neal, D-MA, and Senator Robert Menendez, D-NJ, could mean hardening rates in the future.

Brokers Aon and Willis report that aviation premiums are flat to low, with Willis reducing premium for clients 7 percent.