Monthly Archives: January 2017

In industry news:

The U.S. property/casualty insurance industry in 2016 will likely post an underwriting loss for the first time in four years due to higher catastrophe losses, competitive market conditions and auto liability challenges, according to a new A.M. Best report.

In continuing news:

PCI has issued a statement regarding a recent panel discussion on Florida’s workers’ compensation system by the Florida House Insurance & Banking Subcommittee.

In medical news:

A new Cochrane Database of Systematic Reviews analysis on the effects of yoga on treating chronic nonspecific low back pain has found “modest” positive outcomes.

In local news:

Louisiana lost about 4,600 jobs in 2016, making it one of nine states to register a decline or no change in job growth for the year, according to an analysis of state-level job estimates from the U.S. Department of Labor.

In regulatory news:

NSC announced this week that Dr. Wes Scott, director of consulting services for NSC, has been appointed to serve on the National Advisory Committee on Occupational Safety and Health.

In industry news:

For private U.S. property/casualty insurers, the first nine months of 2016 were markedly worse than the same period in 2015, due to higher catastrophe losses and less favorable reserve development.