01
Apr
2016

Tips for Navigating the World of Insurance Insolvency

The John Liner Letter

 Share  print   Print        Download PDF

PUBLISHED ON: April 1, 2016

The insurance buying public has long been plagued by the failure of insurance companies, big and small, to mange their affairs prudently or even to disclose their true financial condition.

Insurance insolvencies tend to come in waves, following periods of economic recession or exensive fits of poor underwriting.  The latest peak for the property/casualty insurance industry was 2011, when financial impairment frequency spiked to 1.11, well above the industry's historic average of 0.82.  While insolvencies have since leveled off, policyholders are still coping with the post-recession fallout.


Related People

- Attorney | Anderson Kill P.C.
Attorney
Philadelphia | New York
- Of Counsel | Anderson Kill P.C.
Of Counsel
New York

Related Practice Areas

Related Publications