Latest Property Casualty Headlines
All the headlines from our Property Casualty Topic Page, ordered by recency.
Allstate Profit Falls as Auto, Catastrophe Claims Rise
Feb 10 2011 // Allstate Insurance net income fell 43 percent in the fourth quarter as rising claims from auto insurance customers and catastrophes took their toll. Allstate’s fourth quarter 2010 net profit was $296 million compared...
As Small Business Shrinks, Small P/C Insurers Lose
Feb 7 2011 // The property/casualty small business sector – those accounts with less than 50 employees – has shrunk substantially since 2007, and there has been a dramatic shift in market share among small, mid-sized and...
CEOs on Main Street
Feb 7 2011 // Elsewhere in this issue, we relate the view on Main Street from the perspective of independent agents. But how do property/casualty company CEOs view Main Street and Main Street agents? At the recent Property/Casualty...
People
Feb 7 2011 // Great American Insurance Group, headquartered in Cincinnati, Ohio, announced that Michael G. “Mike” Liguzinski will succeed John W. Sullivan as divisional president, Specialty Human Services Division, upon...
CEOs on Main Street
Feb 7 2011 // Elsewhere in this issue, we relate the view on Main Street from the perspective of independent insurance agents. But how do property/casualty company CEOs view Main Street and Main Street agents? At the recent...
CEOs on Main Street
Feb 7 2011 // Elsewhere in this issue, we relate the view on Main Street from the perspective of independent agents. But how do property/casualty company CEOs view Main Street and Main Street agents? At the recent Property/Casualty...
CEOs on Main Street
Feb 7 2011 // Elsewhere in this issue, we relate the view on Main Street from the perspective of independent agents. But how do property/casualty company CEOs view Main Street and Main Street agents? At the recent Property/Casualty...
As Small Business Shrinks, Small P/C Insurers Lose
Feb 7 2011 // The property/casualty small business sector – those accounts with less than 50 employees – has shrunk substantially since 2007, and there has been a dramatic shift in market share among small, mid-sized and...
CEOs on Main Street
Feb 7 2011 // Elsewhere in this issue, we relate the view on Main Street from the perspective of independent agents. But how do property/casualty company CEOs view Main Street and Main Street agents? At the recent Property/Casualty...
Lemons Into Lemonade:
Feb 7 2011 // Making the Best of the Medical Loss Ratio Squeeze January 1, 2011 marked the beginning of a significant transformation for the nation’s insurance brokers Ð one that, frankly, didn’t inspire celebration....
P/C Insurers Like Some of Obama’s Plans
Feb 7 2011 // Property/casualty insurers found things to like in President Obama’s State of the Union speech that was largely focused on the economy and business. Medical malpractice reform, regulatory review, and trade agreements...
ACE Reports Q4 Net Income of $1 Billion; $3.1 Billion Full Year
Feb 4 2011 // ACE Limited reported net income for the quarter ended December 31, 2010, of $2.92 per share, compared with $2.81 per share for the same quarter last year, totaling over $1 billion. Income excluding net realized gains...
P/C Insurers Like Some of Obama’s State of Union Promises
Jan 27 2011 // Property/casualty insurers found things to like in President Obama’s State of the Union speech that was largely focused on the economy and business. Medical malpractice reform, regulatory review, and trade...
ACE Group Appoints Hager to Head Japan P&C, A&H Business
Jan 27 2011 // The ACE Group announced that Jeffery Hager has been appointed Regional President, ACE Far East, responsible for ACE’s property and casualty (P&C) and accident and health (A&H) insurance businesses in...
Eastern Shore Consulting Launches Claims Beat Podcast Series with ClaimsJournal.com
Jan 25 2011 // Hosted by Eastern Shore’s Bill Garvey, first podcast features Randall Day of FINEOS Chicago, IL – January 25, 2011 – Eastern Shore Consulting, a consulting firm specializing in insurance software selection...
People
Jan 24 2011 // Minnesota Gov. Mark Dayton appointed Mike Rothman as the new Commissioner of Commerce. The Department of Commerce and Revenue regulates the business of insurance in the state. Rothman was most recently an attorney with the...
2010 Ends with a Bang
Jan 24 2011 // Fourth Quarter Brings In Record M&A Activity Following a year of historically low merger and acquisition (M&A) activity in 2009, market, economic and political dynamics fueled the fourth most active year of M&A...
Underwriting, Expense Discipline Needed in 2011, Say P/C CEOs
Jan 24 2011 // The property/casualty insurance industry turned a corner and will show a profitable year for 2010, but underwriting discipline will be more important than ever in 2011, according to property/casualty CEOs. “2010 was...
People
Jan 24 2011 // Marsh appointed Jill Sulkes as head of its U.S. Financial Institutions Practice. Sulkes has more than 15 years of experience in risk management for financial institutions, most recently as a managing director in...
Year-End Storms Cloud P/C Insurers’ Results
Jan 24 2011 // U.S. property insurers like Travelers Cos. Inc. and Chubb Corp. were expecting a relatively mild fourth quarter for catastrophe losses, but a series of punishing storms across the country in December may have blown away...
