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As the U.S. property and casualty insurance market has matured, two models now dominate: the acquirers and the retainers of customers...

 

The Senate has voted to extend a program that would cushion the blow to insurance companies in the event of a massive terrorism attack. The National Association of Registered Agents and Brokers Reform Act(NARAB II), also was amended into the bill...

 

The U.S. Geological Survey recently updated their National Seismic Hazard Maps, which reflect the best and most current understanding of where future earthquakes will occur, how often they will occur, and how hard the ground will likely shake as a result...

 

According to an analysis, more than 6.5 million homes along the U.S. Atlantic and Gulf coasts are at risk of storm surge inundation, with nearly $1.5 trillion in potential reconstruction costs. More than $986 billion of that risk is concentrated within 15 major metro areas...

 

Personal lines composite rate increases 4 percent in June...

 

Private U.S. property/casualty insurers' net income after taxes fell to $13.8 billion in first-quarter 2014 from $14.3 billion in first-quarter 2013, with insurers' overall profitability as measured by their annualized rate of return on average policyholders' surplus falling to 8.4 percent from 9.6 percent...