Latest Property Casualty Headlines

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

Digital MGA C-Quence Joins with Insurtech Cytora to Transform Mid-Market Insurance

Nov 26 2019 // C-Quence, the digital managing general agent (MGA), and Cytora, the insurtech startup that operates an artificial intelligence-powered platform, are joining forces to “turbocharge innovation” in commercial...

Pankotai Joins IMA in Dallas as Team Sr. VP, Director of Client Services

Nov 25 2019 // IMA Inc., a national insurance broker specializing in property/casualty insurance, employee benefits and surety bonds, has added Donna Pankotai in its Dallas office as team senior vice president and director of Client...

How ‘Intelligent’ Insurers Grow and Create Value: ACORD Study

Nov 24 2019 // Some insurance carriers grow but do not create value. Others shrink but still create value. Some fail at both. Then there are the “intelligent growers”—those that succeed at both, not only growing but also...

Insurance Journal’s Academy of Insurance Publishes Children’s Book

Nov 21 2019 // San Diego, CA, November 21, 2019 – Insurance Journal’s Academy of Insurance today announced the release of Popsicle Insurance, a children’s book that teaches kids about insurance in a fun and entertaining...

Closer Look: Top Commerical Lines Agencies

Nov 18 2019 // About the Commercial Lines Leaders: The 2019 Commercial Lines Leaders in this special feature are taken from Insurance Journal’s Top 100 Property/Casualty Independent Agencies as reported in August. This list...

Closer Look: Personal Lines Leaders

Nov 18 2019 // About the Personal Lines Leaders: The 2019 Personal Lines Leaders in this special feature are taken from Insurance Journal’s Top 100 Property/Casualty Independent Agencies as reported in August. This list utilizes...

As Texas Windstorm Insurer Mulls Rates, Policyholders, Lawmakers Strongly Oppose Hikes

Nov 15 2019 // Texas’ property insurer of last resort for wind and hail in counties along the Gulf Coast is finding itself once again between a rock and a hard place — or perhaps more appropriately, between a hurricane and a...

Müller Succeeds Fischer Hirs as CEO of AGCS; Allianz Germany Appoints Executives

Nov 15 2019 // Allianz Global Corporate & Specialty SE (AGCS) and Allianz Deutschland AG announced leadership changes that will take effect from Dec. 1, 2019, subject to regulatory approval. Joachim Müller, currently CEO of Allianz...

What to Expect in Commercial Insurance Market Conditions Heading Into 2020

Nov 12 2019 // Ongoing rate increases and reductions in capacity are taking shape in most property/casualty commercial lines in the fourth—and for some, will continue into the new year, according to a recent report from broker USI...

North Carolina-Based Jackson Sumner & Associates Names McNeil P&C Manager

Nov 12 2019 // Jackson Sumner & Associates (JSA) has promoted Kristel McNeil to the position of P&C Manager. McNeil first began with JSA in 1998 in support staff, and in 2001 moved into underwriting for the company. In 2006 she...

‘Competition & Change’ in Commercial Auto, Workers’ Comp

Nov 4 2019 // Progressive has a competitive edge over long-term players in the commercial auto insurance market and national carriers outpace regionals on workers’ compensation profit measures, according to a new report from Guy...

AIG’s P/C Underwriting Results for Q3 Hit by Catastrophes But Not as Badly as Year Ago

Nov 1 2019 // Catastrophe losses prevented American International Group from having a third quarter in a row of property/casualty underwriting profit this year, following many years of losses. AIG said that its General Insurance unit...

Chubb Continued Performing at ‘High Level’ in Q3

Oct 30 2019 // Global insurer Chubb reported a banner 2019 third quarter, even though the company’s net income took a hit largely from losses relating to an accounting adjustment. Net income for the insurer reached $1 billion...

Seeman Holtz Acquires New Jersey’s Geisenheimer Agency

Oct 30 2019 // Seeman Holtz Property & Casualty has announced the acquisition of GIA Insurance Agency (Geisenheimer Insurance Agency), headquartered in Saddle Brook, N.J. Geisenheimer Insurance Agency is a provider of personal and...

Profit Lessons in Commercial Auto, Workers Comp and Other Business

Oct 25 2019 // Progressive has a competitive edge over long-term players in the commercial auto insurance market and national carriers outpace regionals on workers compensation profit measures, according to a new report from Guy...

Sompo International Adds Email Security Review Services to Cyber Policies

Oct 25 2019 // Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has partnered with SecurIT360, a full-service security consulting firm, and The Crypsis Group, a...

W. R. Berkley Corporation Appoints LeBlanc as President of Acadia Insurance

Oct 22 2019 // W. R. Berkley Corporation has appointed David J. LeBlanc as president of Acadia Insurance, a Berkley Company. He succeeds Douglas M. Nelson, who has been appointed chairman of Acadia Insurance. The appointments are...

Reinsurers Look at Cyber’s Massive Growth Possibilities-With Caution

Oct 22 2019 // Reinsurers are aware they must constantly invent new solutions in order to stay relevant for their clients. Yet, they admit they are sometimes challenged to close the protection gap for new and emerging risks such as...

Insuring Cannabis Summit Announces Agenda and Speakers

Oct 14 2019 // October 14, 2019 San Diego, CA – Today Insurance Journal has announced the agenda and speakers for the Insuring Cannabis Summit. This is a virtual, all-day event beginning at 9am Pacific on Thursday, October 17,...

Tate Joins EPIC’s Property/Casualty Unit in Dallas

Oct 9 2019 // EPIC Insurance Brokers and Consultants has added Dave Tate to its property/casualty operations in Dallas, as a principal, reporting to EPIC Managing Principal and Director of the Southwest Region KJ Wagner. Tate will be...