Latest Property Casualty Headlines

All the headlines from our Property Casualty Topic Page, ordered by recency.

Analysts: P/C Insurers’ Hopes for Hard Market Undercutting Reserves

Jun 10 2009 // Some property/casualty insurers might be in for a rude awakening with respect to their reserve practices, according to industry experts. The property/casualty insurance sector’s ability to properly estimate its loss...

Top 100 Final Call: Last Day to Submit Your Agency

Jun 8 2009 // Insurance Journal is on the search for the nation’s leading privately-held property casualty independent agencies and brokerages for its annual Top 100 Property/Casualty Independent Insurance Agencies report. And...

Top 100 Profile: Strength in Numbers at Keystone Insurers Group

Jun 4 2009 // As Insurance Journal prepares for another Top 100 Independent Property/Casualty Agency List, to be published in our Aug. 3, 2009, magazine, the editors wanted to highlight a few of the current Top 100 agencies. Throughout...

Top 100 Agencies: Extended Deadline to Submit, June 8

Jun 3 2009 // Insurance Journal has extended the deadline for its annual Top 100 Agencies submissions. IJ is on the search for the nation’s leading privately-held property casualty independent agencies and brokerages for its...

P/C Insurers Apply Lessons from Hurricane Katrina

Jun 2 2009 // The property/casualty insurance industry is employing advancements in catastrophe modeling and considering the impact of the creation of a national catastrophe fund as it applies lessons learned from Hurricane...

State Auto: How a Regional Carrier Weathers the Storms

Jun 1 2009 // CEO Restrepo Talks Cat Losses, Premium Growth and Independent Agents Regional property/casualty insurance companies don’t make headlines like the large institutions. They simply go about their business serving...

Premium Growth: Top 25 Premium Gainers in 2008 Versus 2007

Jun 1 2009 // What is the impetus for growth? Why do some insurers emphasize growth and others do not? In his Sept. 25, 1961, address to the United Nations, President John F. Kennedy described conformity as “the enemy of...

Investigators Aim to Catch Few Bad Apples in P/C Agent Ranks

Jun 1 2009 // As Economic Conditions Drive Up Fraud, Officials Hope to Prevent Agent Abuses from Spreading Those who track insurance criminals for a living say that as the economy has worsened, insurance fraud has been rising –...

Fireman’s Fund: Focusing on Agents

Jun 1 2009 // CEO LaRocco, Exec Barnard Outline Insurer’s Renewed Strategy to Re-Engage Agents and Deliver Greater Value Weathering today’s economic storm has not been easy for insurance companies. Consumers are more...

People

Jun 1 2009 // Neal S. Wolin has been confirmed by the U.S. Senate to serve as the deputy secretary of the U.S. Department of the Treasury. In February, Wolin was named deputy assistant to the President and deputy counsel to the...

State Auto: How a Regional Carrier Weathers the Storms

Jun 1 2009 // CEO Restrepo Talks Cat Losses, Premium Growth and Independent Agents Regional property/casualty insurance companies don’t make headlines like the large institutions. They simply go about their business serving...

Best Revises Selective and Subs Outlook to Negative; Affirms Ratings

May 28 2009 // A.M. Best Co. has revised its rating outlook to negative from stable, but has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Selective...

Top 100 Agencies: Deadline to Submit, June 1

May 27 2009 // Insurance Journal is on the search for the nation’s leading privately-held property casualty independent agencies and brokerages for its annual Top 100 Property/Casualty Independent Insurance Agencies report. Now,...

Top 100 Profile: A Quiet Giant in The Leavitt Group

May 26 2009 // As Insurance Journal prepares for another Top 100 Independent Property/Casualty Agency List, to be published in our Aug. 3, 2009, magazine, the editors wanted to highlight a few of the current Top 100 agencies. Throughout...

Best Affirms Travelers Ratings; Changes Outlook to Positive

May 19 2009 // A.M. Best Co. has revised the outlook to positive from stable for the issuer credit ratings (ICR) of Travelers Group, its P/C members and affiliate, Travelers Casualty and Surety Company of America (TCSA) and TCSA’s...

P/C Insurance Agents Battle Public Health Care Reform Option

May 18 2009 // Lobbyists for property/casualty insurance agents have elevated health care reform to the top of their political agenda. P/C agents have addressed health insurance legislation in the past but the issue has taken on new...

The Hartford Says It Will Not Sell P/C or Life Insurance Units

May 18 2009 // Hartford Financial Services Group Inc. said it plans to keep its U.S. property/casualty and life businesses, after winning approval last week to tap $3.4 billion of federal bailout funds. Chief Executive Ramani Ayer...

Inside the Beltway-Federal Regulation Threat Remains Priority

May 18 2009 // Health care reform hasn’t completely overwhelmed federal regulation as a concern in Washington, at least for insurance agents. They believe that given all of the current financial turmoil, some type of financial...

Inside the Beltway-Why Health Care Reform Matters to P/C Agents

May 18 2009 // P/C Agents Join Fight Against Competing Government Health Plan Property/casualty insurance agents have elevated health care reform to the top of their political agenda; the matter is now just a notch below the perennial...

Best Affirms AXA (US) ‘A-‘ Ratings

May 15 2009 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of New York-based AXA Insurance Company, both with stable outlooks. Best...