Property / Casualty Insurance Industry Improves During 2010

In an article by 2011 PLUS International Conference Speaker Dr. Robert Hartwig, CPCU, he summarizes that the property/casualty insurance industry’s performance continued to improve in 2010.

Increased profitability and rising capacity during the year were primarily attributable to improved investment market conditions, stable underwriting results and a lack of megacatastrophes. At the same time, persistent soft market conditions and lingering but receding effects of the deep recession continued to impact growth.

You can read the full article, including all of the research behind his findings, here on the Insurance Information Institute website.

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The Professional Liability Underwriting Society (PLUS) was founded in 1986 by industry professionals who recognized the need for a forum for individuals involved in the field of professional liability. The Society is a non-profit organization with membership open to persons interested in the promotion and development of the professional liability industry. Membership consists of over 6,500 individuals, representing over 1,000 companies active in the many fields of professional liability. PLUS currently receives the support of more than 200 companies through corporate membership. PLUS is recognized as the primary source of professional liability educational programs and seminars, assistance to its members to help serve clients, and information regarding professional liability. The Society is continually seeking new means to fulfill its mission statement and better serve its members.

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