According to a survey taken by the Insurance Information Institute (I.I.I.) leaders in the industry believe the worst is over for the financial crisis.  Further they believe that the industry is on the edges of a hard market.  75% of the executives surveyed expect the industry to increase profitability in 2012.

The majority believe that most P&C lines will increase profitability.  63 percent of respondents believe there will be an improvement in personal auto and 67 percent expect an improvement in homeowners. While 72 percent of respondents expect an improvement in commercial lines, 55 percent do not expect an improvement in workers compensation.