Overview and Outlook for the P/C Insurance Industry: Northwest Insurance Review and Forecast

This PowerPoint report by Robert Hartwig, president of the Insurance Information Institute, offers a property/casualty (P/C) insurance industry overview, with a focus on the Northwest. A national financial update notes that 2013 was the industry’s best year since the end of the financial crisis and 2014 is poised to be reasonably good as well. The presentation includes an analysis of profitability and growth in commercial lines for Idaho, Montana, Oregon, Utah and Washington state. A nationwide growth analysis by state and business segment is also provided. Other sections focus on capital and capacity, alternative capital and reinsurance markets, the construction and energy sectors and agent/broker consolidation trends. The last noted section reports that merger and acquisition activity is on the rise again in the aftermath of the Great Recession.