If there is any segment of the property and casualty insurance industry to worry about when it comes to investments in municipal bonds, it would be small regional companies.

Is the industry really overcapitalized? Will it take three or more Katrina-sized events to turn the market?

Is the industry really overcapitalized? Will it take three or more Katrina-sized events to turn the market?

NU Editors provide forecasts on developments in Washington and market conditions for 2011

NU Editors provide forecasts on developments in Washington and market conditions for 2011

The PropertyCasualty360.com website aims to deliver a 360-degree view of the industry by blending the NU P&C’s expertise with four other leading brands in the Summit Business Media P&C Insurance Network: American Agent & Broker, Tech Decisions, Claims Magazine, and Florida Underwriter.

Although property and casualty insurers weathered the global financial crisis better than other types of financial services firms, emotional scars remain, prompting insurers to hang onto extra capital.

If there is any segment of the property and casualty insurance industry to worry about when it comes to investments in municipal bonds, it would be small regional companies, an industry analyst said recently.