National
Under writer
$6.00
Reports from the Show Floor,
Sessions and NU’s Exchanges
with Risk Experts
Pages 5, 12-13
TOP STORIES OF THE WEEK
Cats Drive Highest U.S. P&C
Combined Ratio Since 2001
According to an analysis of 2011 results
by ISO, the Property Casualty Insurers
Association of America and the Insurance
Information Institute, the combined ratio
posted by the private property and casualty
industry in the U.S. was 108.2. E Page 6
Thousands of Claims from
the Plains Head to Insurers
State Farm and American Family Insur-
ance find themselves logging thousands
of claims after more than 120 tornadoes
touch down in Iowa, Kansas, Nebraska and
Oklahoma. E Page 8
FEMA Bans Insurance
Rebating on NFIP Policies
Starting in October, insurance agents
selling flood-insurance policies will no
longer be allowed to cede a portion of their
commissions to property owners to induce
them to purchase insurance. E Page 10
Auto Claims Satisfaction Down
as Repair Cycle Is Up
Customer satisfaction with the auto-insur-
ance claims experience is at its lowest level
in three quarters, according to J.D. Power
and Associates—but consumers may have
themselves at least partly to blame.
E Page 10
NU Visits Three Leading Insurance Research Labs—and Dodges Fireballs, Flying Lumber and Other Simulated Disasters to Discover the Immense Value These Science Centers Bring Carriers, Clients See page 14 PUT TO THE TEST
Image courtesty of FM Global
MARKET UPDATE:
SPORTS CAMPS
Concussions, Extreme
Sports Change the Playing
Field for Insurers
Page 22