Reinsurance

Here are some thoughts about what a Trump presidency, coupled with a Republican Congress, could mean for the property and casualty insurance industry.

Voters may have replaced one Democratic insurance commissioner today and re-elected another.

Insurers already know they'll see new commissioners in Delaware, Montana and North Dakota.

Electricity has been restored to almost all of Cushing, about 70 miles northeast of Oklahoma City.

Reinsurance is big business. For 2015, a total of 26 global reinsurance organizations reported reinsurance net premiums written of $41.5 billion.

The insurance group reported that underwriting profit slipped 34 percent to $272 million as results worsened at the companys namesake reinsurance business and auto insurer Geico.