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in Editors' Featured

Top 10 National Insurance Stories of 2016: Countdown


This year as in past years there were the familiar or continuing stories including reinsurers still wishing and hoping for a hardening market; property/casualty insurance carriers reporting financial results dampened by catastrophes, auto losses, and interest rates; and Republicans trying to undo the Affordable Care Act and Dodd-Frank.

There were a few big individual stories. This year's included AIG trying to regain its footing and ward off activist investors; Hank Greenberg in court battling the terms of the 2008 bailout of AIG and defending himself in a decades-old reinsurance fraud case; MetLife trying to shed its systemically important designation, and Hulk Hogan's privacy lawsuit and settlement over a sex tape. Oh, and the Pokémon Go craze that appears to have settled down without causing a major catastrophe.
But those were NOT the top, or most important, P/C insurance stories of the year based on readership, reader comments, potential for lasting impact, and Insurance Journal editors' input. The top 10 national insurance stories were those involving one event or a series of related events that are affecting the P/C insurance industry now and promise to do so for awhile.

Here is a countdown from #10 to #1...

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