Editors' picks for the week include a story on higher reinsurance costs possibly hitting Florida property insurers' ratings and a piece on Ireland as a popular destination for global financial firms looking to house their post-Brexit European bases.
Private auto recovery helps US P&C industry back to underwriting profitability
Broad-based improvement in statutory underwriting results led the U.S. property and casualty industry to post a net underwriting gain for the first time in three years during 2018, according to an S&P Global Market Intelligence analysis.
Higher reinsurance costs may impact ratings for Fla. property insurers
The cost of doing business could rise for some Florida property insurers as one key rating agency recently increased its reinsurance requirements.
Ireland moves ahead as top post-Brexit destination for global financial firms
Ireland has taken the lead as the most popular destination for global financial institutions looking to house their post-Brexit European bases, with Britain's scheduled departure from the European Union fast approaching.
Fla. legislators take another swing at assignment of benefits reform
Florida lawmakers are once again taking on quirky provisions of the state's insurance laws that have been blamed for ballooning property claims and a torrent of costly lawsuits.
Rising inflation expectations show mission only partially accomplished for Fed
Federal Reserve Chairman Jerome Powell has managed to convince the bond market that he can maintain U.S. inflation close to the Fed's 2% target after he signaled late last year a reticence to raise interest rates further.