Latest Property Casualty Headlines
All the headlines from our Property Casualty Topic Page, ordered by recency.
P/C RESULTS WORSEN
Apr 3 2000 // The property/casualty insurance industry’s underwriting results worsened in the fourth quarter of 1999, according to a March 23 report by A.M. Best. The rating agency’s preliminary analysis shows that net...
Travelers P&C on RatingAlert
Apr 3 2000 // Fitch IBCA announced that Travelers Property Casualty Corporation’s unsecured senior debt rating of “AA-” and its preferred stock rating of “A+” were placed on RatingAlert Positive. Moreover,...
Privacy Legislation Could Have a Negative Impact on W/C Insurers
Apr 3 2000 // broad coalition of insurance and employer trade associations and companies recently filed comments with the U.S. Department of Health and Human Services on proposed medical records privacy regulations. Insurers argue the...
Kenny Waldt is Banking on his Future
Apr 3 2000 // Meet Kenny Waldt, independent agent from down there in Houston. When I last checked in, back in November, he was toying with selling his $1.2 million revenue agency to a bank. Feeling pretty righteous about the value of...
The Unraveling of Superior National
Mar 30 2000 // Editor’s Note: This article was written by Standard & Poor’s analyst Darin Feldman, and is printed with permission. In its 1998 annual report “Survival of the Fittest,” Superior National...
Japanese P/C Insurers Find Three’s a Crowd
Feb 15 2000 // Japan’s third largest p/c insurer, Mitsui Marine and Fire Insurance Co., has bowed out of an alliance agreement announced in October with Nippon Fire and Insurance Co. and Koa Fire and Insurance Co. The cause of the...
A.M. Best Reports P/C Industry Shrinks
Feb 1 2000 // The number of independent property/casualty insurance groups increased from 8 percent to 10 percent in 1999, according to a study by A.M. Best Co. Best expects one-third of the remaining groups to lose what it calls...
