National
Under writer
STATE OF ThE MARkET:
COMMERCIAL LInES
Execs concur: Market “firming,”
with Workers’ Comp, property
rates rising fastest
Page 10
TOP STORIES OF THE WEEK
property Rates Up, But pricing
May Moderate Through 2012
Property rates continued to climb in Q2,
according to Marsh’s latest Benchmarking
Trends report. But its property practice
leader says the rate environment is
“definitely not a hard market” in the
traditional sense of the word. E Page 6
The
National Underwriter
FIO Looking to Resolve Differences
with Agencies in U.S. and Abroad
The Federal Insurance Office is moving
aggressively to reduce the differences between
European and U.S. insurance regulatory and
supervisory schemes and hopes to have a
template in place by November for smoothing
over differences between the two. E Page 6
penn State Report Offers Outs for
Insurers, ‘Roadmap’ for Attorneys
A scathing investigative report regarding
the handling of child sex abuse at Penn
State supplies plaintiffs’ attorneys with a
“roadmap of everything that went wrong,”
says one attorney. E Page 7
100
TOP
Industries Unite to Educate
Companies on Climate Risks
In order to better educate insurers and
buyers on the types of risks that continue to
contribute to weather-related losses, a group
of companies have created the Partnership
for Resilience and Environmental
Preparedness program. E Page 8
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E&S SpECIALTy UpDATE:
MEDICAL MALpRACTICE
“Super losses” and a shrinking
client pool ail the line;
also: how agents can better
care for hospice clients
Page 27