Latest Property Casualty Headlines
All the headlines from our Property Casualty Topic Page, ordered by recency.
XML Provides the Missing Link for SEMCI
May 13 2002 // Agents have faced the problem ever since insurance companies first introduced applications. Each company had its own form, so the agent who wanted to submit the same account to several underwriters had to write the same...
KEMPES Names Mahoney President; Pair of
May 10 2002 // John Mahoney was named president of Arizona-based KEMPES, the Kemper Insurance Cos.’ unit that underwrites specialty program business. In related moves, Dan Beaudette was named vice president of the Denver P&C...
Acceptance Insurance Suffered 1stQ Losses
May 8 2002 // Iowa-based Acceptance Insurance Companies Inc., an insurance holding company providing agricultural risk management products and services throughout the U.S., announced a net after-tax loss of $4.3 million, or $0.30 per...
Walsh Named President, CEO for AIG’s P/C Unit
May 8 2002 // American International Group Inc. (AIG) named vice president Nicholas C. Walsh president and chief executive of AIU, the company’s international property-casualty insurance organization unit, according to Dow...
Horace Mann Reports Slight Increase in
May 7 2002 // Horace Mann Educators Corporation of Springfield, Ill., a provider of a variety of insurance products to educators, reported operating income of $13.9 million, for the first quarter ended March 31, 2002, slightly higher...
News Analysis: Commentary on Full Year 2001
Apr 29 2002 // The property/casualty insurance industry reported a statutory rate of return of negative 2.7 percent in 2001, down from 6.5 percent return for the year 2000. The results were released by the Insurance Services Office, Inc....
Sintech Software Discontinues Online Agency Management System
Apr 24 2002 // Sintech Software LLC, an application service provider (ASP) of web-based property and casualty and life and health agency management systems, has discontinued its online property and casualty agency management system,...
S&P Negative on Future of French P/C Insurance Market
Apr 22 2002 // Standard & Poor’s announced that it has a divided outlook for the French insurance market, “taking a negative view of its non-life sector and heralding a stable future for the country’s life...
IMMA Invites P/C Insurance Mass-Marketers to Jacksonville for Annual Conference
Apr 22 2002 // The International Mass Marketing Association (IMMA) still is accepting registrations from agents, brokers and carrier representatives for its 2002 Annual Conference, to be held May 19-22 in Jacksonville, Fla. at the Hilton...
P/C Industry Suffered First-Ever Net Loss in 2001
Apr 19 2002 // The events of Sept. 11 and declines in interest rates and the stock market all contributed to make 2001 the worst year ever for the property/casualty industry, according to just released numbers from Insurance Services...
The Hartford’s CEO Tells Shareholders He Is Optimistic of Future
Apr 19 2002 // The events of 2001 tested the company’s resilience, but through it all The Hartford’s operating income rose and the company is bullish about the future, Ramani Ayer, Chairman and CEO of The Hartford Financial...
ISO and Ascendant One Team Up to Offer P/C Insurers Comprehensive Rating and Policy-Management Syste
Apr 17 2002 // Insurance Services Office, Inc. (ISO) has made a significant equity investment in AscendantOne™ Inc., An insurance technology and services company, to deliver insurance rating and policy-management products that...
Cattle Loom Large on the Farm & Ranch Scene
Apr 15 2002 // Whoopee ti yi yo, git along little dogies It’s your misfortune, and none of my own. Whoopee ti yi yo, git along little dogies, For you know Wyoming will be your new home. That trail song, used by historian Walter...
Cattle Loom Large on the Farm & Ranch Scene
Apr 15 2002 // Whoopee ti yi yo, git along little dogies It’s your misfortune, and none of my own. Whoopee ti yi yo, git along little dogies, For you know Wyoming will be your new home. That trail song, used by historian Walter...
GE Global Rated ‘AA’
Apr 15 2002 // Fitch Ratings assigned its “AA” long-term issuer rating to GE Global Insurance Holdings Corp. (GE Global) and affirmed the “AAA” insurer financial strength rating of Employers Reinsurance Corp....
Insurers Applaud NAIC Action
Apr 1 2002 // In a significant victory for the National Association of Independent Insurers (NAII), regulators were convinced that installment payment fees paid by policyholders should not be reported as written premium. The National...
AIG Member Co. Launches New Insurance Processing Solution for P&C Insurers
Mar 29 2002 // American International Technology Enterprises, Inc. (AITE), a member company of the American International Group, Inc. (AIG) and a provider of insurance systems and solutions, introduced WINS® Digital, web-based...
P&C Insurers See 2001 Profits Dip Drastically
Mar 26 2002 // The nation’s property and casualty insurers lost $738 million during the first nine months of 2001, compared to a $19 billion profit during the same period in 2000, according to research conducted by Weiss Ratings,...
Insurance Fraud: A Perpetual Bane for Industry, Consumers
Mar 25 2002 // Since the insurance industry’s inception, fraud has proved a perpetual problem, an inherent risk that will likely never be totally eliminated. Carriers have long warned that fraud ultimately causes them to raise...
Insurance Fraud: A Perpetual Bane for Industry, Consumers
Mar 25 2002 // Since the insurance industry’s inception, fraud has proved a perpetual problem, an inherent risk that will likely never be totally eliminated. Carriers have long warned that fraud ultimately causes them to raise...
