More P/C Carriers With Less Surplus: Aon Ward Analysis

In a separate article published by our sister website, Insurance Journal, Jerry Theodorou, director of the Finance, Insurance and Trade Policy Program for R Street Institute, who is a former director of Insurance Research for Conning, described the convective-storm driven troubles of Wisconsin Re and a half-dozen Midwest carriers either in rehabilitation, liquidations or receivership or experiencing surplus declines of 40 percent or more. (Related article: On Tolstoy and Insurance Troubles in the Heartland)