Latest Property Casualty Headlines
All the headlines from our Property Casualty Topic Page, ordered by recency.
The blame game and the subprime mortgage lending meltdown
Sep 3 2007 // The subprime mortgage lending blame game is in full swing — with people arguing about who’s at fault for mortgage defaults, bond losses and lender failures — but “we’re only in the very top of...
Ohio Casualty officially joins the Liberty Mutual agency family
Sep 3 2007 // With $7.3 billion in premium, Liberty Mutual Agency Markets becomes the largest regional independent agency force Boston-based insurance giant Liberty Mutual Group is now the largest regional provider of property and...
The blame game and the subprime mortgage lending meltdown
Sep 3 2007 // The subprime mortgage lending blame game is in full swing — with people arguing about who’s at fault for mortgage defaults, bond losses and lender failures — but “we’re only in the very top of...
The blame game and the subprime mortgage lending meltdown
Sep 3 2007 // The subprime mortgage lending blame game is in full swing — with people arguing about who’s at fault for mortgage defaults, bond losses and lender failures — but “we’re only in the very top of...
Ohio Casualty officially joins the Liberty Mutual agency family
Sep 3 2007 // With $7.3 billion in premium, Liberty Mutual Agency Markets now largest regional independent agency. Boston-based insurance giant Liberty Mutual Group is now the largest regional provider of property and casualty insurance...
News Currents
Sep 3 2007 // Ohio Casualty officially joins the Liberty Mutual agency family With $7.3 billion in premium, Liberty Mutual Agency Markets now largest regional independent agency Boston-based insurance giant Liberty Mutual Group is now...
People
Sep 3 2007 // Richard E. Meuret has been appointed vice president and manager, Field Operations Analysis, for Liberty Mutual Agency Markets regional company operations. Meuret will be based in the insurer’s Boston home office and...
News Currents
Sep 3 2007 // The blame game and the subprime mortgage lending meltdown The subprime mortgage lending blame game is in full swing — with people arguing about who’s at fault for mortgage defaults, bond losses and lender...
People
Sep 3 2007 // Jeffrey M. Mohr of Lewis Mohr Real Estate and Insurance Agency LLC in Baton Rouge, La., was named president of the Independent Insurance Agents and Brokers of Louisiana. Mohr previously served as president-elect and...
P/C Insurers Must Diversify Products, Distribution, Says IBM Study
Aug 28 2007 // U.S. consumers want insurance companies to more effectively communicate new products and services available to them, provide tailored policies and services to better meet their needs, and bring their customer experience up...
Liberty Mutual Realigns Agency Companies to Welcome Ohio Casualty
Aug 27 2007 // Boston-based Liberty Mutual Group finalized its acquisition of Ohio Casualty Corp. on Friday, Aug. 24, 2007 and immediately announced a realignment of its $5.9 billion net premium regional agency company organization to...
Oregon Legislature Passes Several P/C Insurance-Related Bills
Aug 24 2007 // The 2007 Oregon Legislature has passed a number of bills relating to insurance. The bills affecting property/casualty insurance include: *SB 183 (ch 574) Premium relief to rural doctors for professional medical liability...
The Blame Game and the Subprime Mortgage Lending Meltdown
Aug 22 2007 // The subprime mortgage lending blame game is in full swing — with people arguing about who’s at fault for mortgage defaults, bond losses and lender failures — but “we’re only in the very top of the...
S&P Forecasts a ‘Challenging Environment’ for Global P/C Insurers
Aug 22 2007 // Standard & Poor’s Ratings Services has issued a report entitled “Global Multiline Insurers Brace For A Testing Second-Half 2007 As Property/Casualty Market Languishes,” on its RatingsDirect service....
Reinsurance Association of America To Host Eduational Seminar in West
Aug 17 2007 // For the first time in its history, the Reinsurance Association of America (RAA) will be conducting an educational seminar on the West Coast, desiged to reach a potentially large audience of attendees. According to RAA, its...
S&P Reports on Australian P/C Insurers
Aug 16 2007 // A new report from Standard & Poor’s Ratings Services notes that “from October 2006 to August 2007, the Australian non-life [P/C] insurance industry underwent a deluge of activity that is changing the...
S&P Reports New Zealand P/C Insurers Still Face Price Pressures
Aug 16 2007 // A new report from Standard & Poor’s Ratings Services notes that the New Zealand non-life (P/C) insurance industry is still on a downward pricing cycle that has yet to correct. The report entitled, “Pursuit...
Best Reviews National Financial Rating
Aug 10 2007 // A.M. Best Co. has placed the financial strength ratings (FSR) of “A-” (Excellent) and issuer credit ratings (ICR) “a-” of New York-based National Financial Group and its members, as well as its...
Commerce Insurance, Commerce Banc Pursue Partnership Over Lawsuit
Aug 9 2007 // The Commerce Group, Inc., a property/casualty insurer based in Webster, Mass., and Commerce Banc Insurance Services of Cherry Hill, New Jersey, report they have reached an agreement to explore partnership opportunities in...
The Hartford settlement ends agents’ contingent commissions
Aug 6 2007 // The Hartford Financial Services Group Inc. announced it has reached a settlement with the New York, Connecticut and Illinois attorneys general resolving matters relating to their investigations of the compensation...
