Latest Property Casualty Headlines
All the headlines from our Property Casualty Topic Page, ordered by recency.
MJ Insurance Adds Hanson and Shields
Feb 15 2011 // Indianapolis, Ind.-based MJ Insurance, one of the largest privately-held insurance agencies in the U.S., has added Sarah Hanson as claims coordinator and Aaron Shields as a property and casualty producer. Hanson will join...
Louisiana Insurance Department Recovers More than $9.6M in 2010
Feb 14 2011 // Louisiana Insurance Commissioner Jim Donelon announced that the Louisiana Department of Insurance (LDI) aided Louisiana insurance consumers in receiving more than $9.6 million in insurance payments from consumer complaints...
Best Issues Ratings Announcements on Fairfax Subsidiaries
Feb 11 2011 // A.M. Best has issued a series of ratings announcements relating to Canada’s Fairfax Financial Holdings and its subsidiaries. The bulletins are as follows: A.M. Best Co. has removed from under review with negative...
People
Feb 10 2011 // Cincinnati, Ohio-based Great American Insurance Group’s Property and Inland Marine Division has promoted two insurance executives: Grace Thomas and Cecil Wilson. Thomas was promoted to divisional senior vice...
Allstate Profit Falls as Auto, Catastrophe Claims Rise
Feb 10 2011 // Allstate Insurance net income fell 43 percent in the fourth quarter as rising claims from auto insurance customers and catastrophes took their toll. Allstate’s fourth quarter 2010 net profit was $296 million compared...
As Small Business Shrinks, Small P/C Insurers Lose
Feb 7 2011 // The property/casualty small business sector – those accounts with less than 50 employees – has shrunk substantially since 2007, and there has been a dramatic shift in market share among small, mid-sized and...
CEOs on Main Street
Feb 7 2011 // Elsewhere in this issue, we relate the view on Main Street from the perspective of independent agents. But how do property/casualty company CEOs view Main Street and Main Street agents? At the recent Property/Casualty...
People
Feb 7 2011 // Great American Insurance Group, headquartered in Cincinnati, Ohio, announced that Michael G. “Mike” Liguzinski will succeed John W. Sullivan as divisional president, Specialty Human Services Division, upon...
CEOs on Main Street
Feb 7 2011 // Elsewhere in this issue, we relate the view on Main Street from the perspective of independent insurance agents. But how do property/casualty company CEOs view Main Street and Main Street agents? At the recent...
CEOs on Main Street
Feb 7 2011 // Elsewhere in this issue, we relate the view on Main Street from the perspective of independent agents. But how do property/casualty company CEOs view Main Street and Main Street agents? At the recent Property/Casualty...
CEOs on Main Street
Feb 7 2011 // Elsewhere in this issue, we relate the view on Main Street from the perspective of independent agents. But how do property/casualty company CEOs view Main Street and Main Street agents? At the recent Property/Casualty...
As Small Business Shrinks, Small P/C Insurers Lose
Feb 7 2011 // The property/casualty small business sector – those accounts with less than 50 employees – has shrunk substantially since 2007, and there has been a dramatic shift in market share among small, mid-sized and...
CEOs on Main Street
Feb 7 2011 // Elsewhere in this issue, we relate the view on Main Street from the perspective of independent agents. But how do property/casualty company CEOs view Main Street and Main Street agents? At the recent Property/Casualty...
Lemons Into Lemonade:
Feb 7 2011 // Making the Best of the Medical Loss Ratio Squeeze January 1, 2011 marked the beginning of a significant transformation for the nation’s insurance brokers Ð one that, frankly, didn’t inspire celebration....
P/C Insurers Like Some of Obama’s Plans
Feb 7 2011 // Property/casualty insurers found things to like in President Obama’s State of the Union speech that was largely focused on the economy and business. Medical malpractice reform, regulatory review, and trade agreements...
ACE Reports Q4 Net Income of $1 Billion; $3.1 Billion Full Year
Feb 4 2011 // ACE Limited reported net income for the quarter ended December 31, 2010, of $2.92 per share, compared with $2.81 per share for the same quarter last year, totaling over $1 billion. Income excluding net realized gains...
P/C Insurers Like Some of Obama’s State of Union Promises
Jan 27 2011 // Property/casualty insurers found things to like in President Obama’s State of the Union speech that was largely focused on the economy and business. Medical malpractice reform, regulatory review, and trade...
ACE Group Appoints Hager to Head Japan P&C, A&H Business
Jan 27 2011 // The ACE Group announced that Jeffery Hager has been appointed Regional President, ACE Far East, responsible for ACE’s property and casualty (P&C) and accident and health (A&H) insurance businesses in...
Eastern Shore Consulting Launches Claims Beat Podcast Series with ClaimsJournal.com
Jan 25 2011 // Hosted by Eastern Shore’s Bill Garvey, first podcast features Randall Day of FINEOS Chicago, IL – January 25, 2011 – Eastern Shore Consulting, a consulting firm specializing in insurance software selection...
People
Jan 24 2011 // Minnesota Gov. Mark Dayton appointed Mike Rothman as the new Commissioner of Commerce. The Department of Commerce and Revenue regulates the business of insurance in the state. Rothman was most recently an attorney with the...
