Getting aggressive about road rage

Article Abstract:

Insurance companies are supporting the nationwide safety in driving campaign launched by the Coalition for Consumer Health and Safety. The campaign aims to address the increase in number of aggressive driving-related incidents which include motorist violence and the more common traffic violations. Insurance industry leaders believe the increase is caused by various factors some of which are the breakdown in civility and drivers' tendency to vent their anger when driving. Some analysts doubt the effectiveness of safe driving campaigns and believe strict law enforcement should do the trick.

Fire, marine, and casualty insurance, Auto Insurance, Psychological aspects, Political activity, Insurance industry, Study and teaching, Motor vehicle drivers, Automobile driving, Motor vehicle driving, Automobile drivers, Traffic safety, Automobile insurance

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1997: a year of profits, mergers and regulation tussles

Article Abstract:

Several trends defined the performance of the insurance industry in 1997. For example, the El Nino phenomenon prevented the onslaught of storms and hurricanes in the East Coast region, resulting in reduced catastrophe losses for insurers. Also, the industry's overcapitalization sparked a wave of mergers and acquisitions as companies tried to boost returns on equity and channel excess capital to other markets with growth opportunities. In addition, the year 1997 saw the conversion of several mutual insurers to mutual holding companies.

Industry Overview, 1997 AD

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Turbulence Ahead

Article Abstract:

Ernst & Young LLP has issued its annual report on the insurance industry. "The State of the Insurance Industry" revealed that both the combined ratios and the loss ratios of insurance companies began to increase by the Fall of 1998 due to a soft price environment, overcapacity, lower reserves and a decline in income from stock market investments due to market volatility. The report forecasts that these elements will combine to producer lower revenues for property/casualty insurers in 1998 and 1999.

United States, Financial analysis, Economic aspects, Reports, Ernst & Young L.L.P.

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