Latest Property Casualty Headlines

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

FAIA President Says: In Our Future Some Things Will Never Change

Jun 20 2005 // Created more than a century ago in 1904 as the Florida Local Underwriters Association, the Florida Association of Insurance Agents adopted its present name in 1941. FAIA is dedicated to enhancing the independent agency...

Grange Tabs Brannan as 1st President of Property/Casualty Operations

Jun 17 2005 // Columbus, Ohio-based Grange Insurance has promoted Alan D. Brannan to the new post of president of property/casualty for the Grange Mutual Casualty Group. In his new role, Brannan will oversee all property/casualty...

Excess Capital: Too Much of a Good Thing?

Jun 6 2005 // As capital accumulates on insurers’ balance sheets, carriers are figuring out what to do with it if anything at all. The industry is flush with cash after a long hard market and lower corporate bond defaults....

HAWAII LEGISLATURE TO STUDY NCOIL P/C MODERNIZATION ACT:

Jun 6 2005 // “Hawaii’s legislative decision to conduct a study of the NCOIL Property/Casualty Insurance Modernization Act suggests that the state legislature is committed to making strides toward rate modernization, which...

News Briefs

Jun 6 2005 // ARKANSAS Pre-License CE Requirements Modified The Arkansas Insurance Department announced that a portion of the Arkansas Insurance Code ad-dressing education hours for applicants for Arkansas insurance agent, broker or...

Excess Capital: Too Much of a Good Thing?

Jun 6 2005 // As capital accumulates on insurers’ balance sheets, carriers are figuring out what to do with it if anything at all. The industry is flush with cash after a long hard market and lower corporate bond defaults....

News Briefs

Jun 6 2005 // AIA OPPOSES CALIF. BILL TO LIMIT HOME INVENTORIES: A bill approved by the California Senate May 25 that prevents insurers from requiring claimants to itemize personal property lost in a disaster is well intended, but will...

News Briefs

Jun 6 2005 // AIA OPPOSES CALIF. BILL TO LIMIT HOME INVENTORIES: A bill approved by the California Senate May 25 that prevents insurers from requiring claimants to itemize personal property lost in a disaster is well intended, but will...

Excess Capital: Too Much of a Good Thing?

Jun 6 2005 // As capital accumulates on insurers’ balance sheets, carriers are figuring out what to do with it if anything at all. The industry is flush with cash after a long hard market and lower corporate bond defaults....

TDI Reports April Enforcement Actions

May 27 2005 // The Texas Department of Insurance announced enforcement actions taken by Commissioner Jose Montemayor that became final during the month of April. The actions include eleven license revocations, a license denials and fines...

Excess Capital: Too Much of a Good Thing?

May 23 2005 // As capital accumulates on insurers’ balance sheets, carriers are figuring out what to do with it–if anything at all. The industry is flush with cash after a long hard market and lower corporate bond defaults....

CONNING: LOOK FOR P/C UNDERWRITING PROFIT AGAIN IN 2005

May 23 2005 // The property/casualty industry can look forward to another year of underwriting profits, assuming normal catastrophic losses of $13-$14 billion, according to a new study by Conning Research and Consulting Inc. However, the...

How a Multi-line Approach Can Strengthen Your Business

May 23 2005 // Most everything I know about growing my book of business I learned from the J. Paul Getty Museum in Los Angeles. My lessons learned do not come from the beautiful and historic works of art, rather, my lessons learned are...

CPCU Society Looking at IMSA-Type Body

May 23 2005 // The property/casualty insurance industry’s leading educational society is weighing what role to play in helping the industry restore its image after months of charges about bid-rigging and contingent commissions. A...

Rodney Pierson

May 23 2005 // Twig Branch Seattle, Wash.-based Physicians Insurance A Mutual Company has announced that Rodney A. Pierson has been named senior vice president, CFO and treasurer. Pierson’s long history in finance includes his...

Excess Capital: Too Much of a Good Thing?

May 23 2005 // As capital accumulates on insurers’ balance sheets, carriers are figuring out what to do with it-if anything at all. The industry is flush with cash after a long hard market and lower corporate bond defaults....

CPCU Society Looking at IMSA-Type Body

May 23 2005 // The property/casualty insurance industry’s leading educational society is weighing what role to play in helping the industry restore its image after months of charges about bid-rigging and contingent commissions. A...

News Briefs

May 23 2005 // JURY REACHES PARTIAL VERDICT IN EXECUTIVE LIFE CASE: A jury reached a partial verdict in the case involving the illegal takeover of failed insurer Executive Life Insurance Company on May 9, according to the Associated...

News Briefs

May 23 2005 // MICHIGAN Commissioner Appeals Credit Scoring Decision The state of Michigan has filed an appeal of a judge’s ruling that allowed insurance companies to continue using customers’ credit scores to determine their...

People

May 23 2005 // James Robinson Huber has been appointed senior vice president and regional executive, Southeast Region for ACE USA, the U.S.-based retail operating division of The ACE Group of Companies. Based in Atlanta, Huber will be...