P/C Insurers Profits Margins Decreasing, But They’re Still in the Black (12/23/2008)

After-tax profits for the U.S. property and casualty industry through the first nine months of the year were $4.1 billion -- a 91.8 percent decline from the $50 billion in profits earned the same period a year ago, according to ISO and the Property Casualty Insurers of America (PCI)... Full Story

Tips On Cutting Insurance Costs While Remaining Covered (12/16/2008)

With the downturn in the economy, people are looking at ways to cut costs... Full Story

A Firm Foundation: How Insurance Supports the Economy (12/16/2008)

Throughout the years, you’ve heard PIA make reference to the enormous contribution the insurance industry makes to the American economy... Full Story

P/C Insurers Voice Concern About Rivals’ Use of Federal Aid (12/9/2008)

Property-casualty insurers are asking legislators to rein in rival financial companies that could use federal aid for boosting their competitive advantage... Full Story

The Hartford Issues Upbeat Prediction for P/C Results in 2009 (12/9/2008)

Officials of The Hartford predict the company’s property-casualty business is positioned to deliver “strong underwriting results” next year, boosting its profit target by 40 cents a share... Full Story

J.D. Power Study: Local Agencies Provide a Higher Level of Service Satisfaction (12/2/2008)

Insurance customers who interact with a local agency tend to be more satisfied than customers who interact with their insurer’s call center, according to the J.D. Power and Associates 2008 Insurance Customer Contact Study, released on November 21... Full Story

Marsh to Compete Against Main Street Insurance Agents (12/2/2008)

Beginning in the first quarter of 2009, many Main Street agents will have a new competitor... Full Story

AIG Adopts Voluntary Compensation Restrictions (12/2/2008)

American International Group, Inc. (AIG) announced voluntary restrictions on executive compensation that include a $1 salary for its Chief Executive Officer; no 2008 annual bonuses and no salary increases through 2009 for AIG’s top-seven-officer Leadership Group; and no salary increases through 2009 for the 50 next-highest executives, in addition to other bonus, severance and retention award restrictions... Full Story

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