National
Under writer
THE LEADER IN PROPERTY & CASUALTY NEWS
Data DEFENSE
Carriers Increase Capacity,
Competition for Booming
Cyber Liability Line
Page 14
TOP STORIES OF THE WEEK
Rates Should Increase in 2012,
But profits Won’t Come Easy
Multiple reports say that while rates
should continue to rise this year,
generating underwriting profits will
remain a challenge, requiring insurers
to execute some alternative strategies.
E Page 6
GLOBE
TROT TERS
Fourth-Quarter Results Begin
with Net-Income Declines
Travelers, Chubb, RLI and Progressive
say losses played a significant role in
their disappointing Q4 net-income
results. E Page 7
S&p Warns of Downgrades
for Workers’ Comp Insurers
Although the U.S. Workers’ Compensation
market has shown a modestly
improving trend, ratings agency
Standard & Poor’s says signs are
pointing to more unprofitable years
ahead. E Page 8
Specialty Market Update:
D&O Liability
As an increasing target for claims, non-
profits are seeking more D&O coverage
to protect board members and executives
from a long and growing list of
potentially ruinous liabilities. E Page 27
2012 pERSONaL
LINES FORECaSt
Weather, the Economy, NFIp top
Concerns for Senior Executives
Page 20
