Economic Trends, Challenges, and Opportunities Affecting the P/C and Surety LOB

Economic Trends, Challenges, and Opportunities Affecting the P/C and Surety LOB

Dr. Steven N. Weisbart, CLU
September 13, 2012

This presentation given by Dr. Steven Weisbart, chief economist of the Insurance Information Institute, to the New Jersey Surety Association, reviews the trends and challenges affecting the P/C industry.  Starting with a review of the weak but positive trends in economics, Dr. Weisbart shows the slow growth in construction and in the labor market and how this will influence the P/C insurer growth opportunities.  This presentation demonstrates that as the US economy grows, the P/C insurance exposure will also grow and this will be the strongest growth since 2004.      

 

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