Latest Property Casualty Headlines
All the headlines from our Property Casualty Topic Page, ordered by recency.
Where to Find Inexperienced Agency Producers
Sep 5 2005 // Believe it or not, every four-year graduate doesn’t want to jump from academics into insurance sales. Usually the student has to be sold on our industry. Is it wiser to grow by hiring a veteran agent or is it better...
Big ‘I’ Fields Busy Agenda at Annual Meeting in Big Apple
Sep 5 2005 // The Independent Insurance Agents and Brokers of America will convene in New York City this month for their annual national convention, Sept. 10-12. Just as agents and brokers prepare to discuss the challenges of mergers...
PartnerRe Names Clarke to Head Global P/C Business; Succeeding Nessi
Sep 5 2005 // Bermuda-based PartnerRe Ltd. announced that Emmanuel Clarke has been appointed Head of the P/C business unit for its Global (non-U.S.) operations, effective January 1, 2006. He succeeds Jean-Marie Nessi, who joined...
Where to Find Inexperienced Agency Producers
Sep 5 2005 // Is it wiser to grow by hiring a veteran agent or is it better to hire someone without any insurance sales experience? Agency executives constantly debate this important issue. Big dollars are at risk. So which opinion is...
Big ‘I’ Fields Busy Agenda at Annual Meeting in Big Apple
Sep 5 2005 // The Independent Insurance Agents and Brokers of America will convene in New York City this month for their annual national convention, Sept. 10-12. Just as agents and brokers prepare to discuss the challenges of mergers...
Regulators Say Industry Prepared for Katrina’s Cost
Sep 2 2005 // The National Association of Insurance Commissioners (NAIC) says that while the damages from Hurricane Katrina may set record losses, the property and casualty industry maintains the adequate capital and liquidity required...
Everest Re Extends CEO Taranto’s Employment Agreement
Sep 1 2005 // The Bermuda-based Everest Re Group, Ltd. announced that the employment agreement of Chairman and CEO Joseph V. Taranto, has been extended to March 31, 2008. Taranto has been in charge at Everest Re since it was formed in...
American Modern, Other Insurers Make Ward Top 50
Aug 30 2005 // Midland Co.’s American Modern Insurance Group made the annual Ward’s 50 Benchmark Group of best-performing insurance companies. Cincinnati-based insurance consulting firm The Ward Group also honored Cincinnati...
Insurers Post Special Toll-Free Numbers to Help Katrina Victims as Storm Moves North
Aug 29 2005 // Policyholders with questions regarding their coverage for damage caused by Hurricane Katrina should contact their insurance agent or company representative. To assist consumers, special toll-free numbers have been set up...
MHBT Welcomes New VPs
Aug 26 2005 // Dallas-based McQueary Henry Bowles Troy L.L.P. (MHBT), one of the largest privately owned insurance brokerages in the nation, announced the recent appointments of Carla Paschal and Ann Forkner as vice presidents of...
UPDATE: Bank of Communications Applies for P/C License
Aug 24 2005 // The Hong Kong-based insurance unit of China’s Bank of Communications Co. has filed a formal application with the China Insurance Regulatory Commission (CIRC) to establish a Shanghai-based P/C insurance...
China’s Bank of Communications to Launch Mainland P/C Unit
Aug 23 2005 // Reports from a number of sources (Bloomberg, Asia Pulse) indicate that China’s Bank of Communications Ltd. (BC) is planning to form a partnership to enter the P/C business on the mainland. BC, China’s fifth...
Cincinnati Financial Corp. Honored for Five-Year Financial Performance
Aug 23 2005 // Cincinnati-based insurance consulting firm The Ward Group has recognized Cincinnati Financial Corp. and Western & Southern Financial Group for their five-year financial performance. Ward’s honored Cincinnati...
Allmerica Notes Sale of Life Biz; Focus Now on P/C Sales
Aug 22 2005 // Massachusetts-based Allmerica Financial Corporation announced Monday that it has entered into a definitive agreement to sell its run-off variable life insurance and variable annuity business to The Goldman Sachs Group...
USI Holdings Finalizes Purchase of Calif. P/C Operation
Aug 22 2005 // USI Holdings Corporation announced the closing of the acquisition of Burlingame, Calif.-based retail property & casualty firm operating as Winthrop Insurance Plans. This operation has been providing employee property...
Barometer Shows Premiums on the Decline for Contractors Market
Aug 22 2005 // MarketScout began tracking property and casualty pricing trends in 2001 in an effort to share the pricing results of insurance placements related to their 50,000 member agent network. The monthly market trends are...
People
Aug 22 2005 // The National Association of Government Labor Officials (NAGLO) during its 2005 summer conference elected Minnesota Department of Labor and Industry Commissioner Scott Brener president. With members from more than 30 U.S....
Drawert Honored with ICT Award as Insurers Celebrate Improvements
Aug 22 2005 // Jim Drawert, vice president and chief underwriting officer for The Republic Group, was presented the Raymond Mauk Leadership Award at the Insurance Council of Texas’ 13th Annual Mid-Year Property and Casualty...
Marcus Humphrey
Aug 22 2005 // McQueary Henry Bowles Troy LLP (MHBT), based in Dallas, recently named Marcus Humphrey vice president and leader of the firm’s Employee Benefits group. As vice president, Humphrey’s primary responsibilities...
TDI Notes July Enforcement Actions Taken by Geeslin
Aug 18 2005 // The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during July. The actions include seven license revocations, one license denials and fines and restitution...
