Latest Property Casualty Headlines
All the headlines from our Property Casualty Topic Page, ordered by recency.
The Hartford Agrees to Roll Back Homeowner Rate Hikes in Texas
Jul 19 2010 // Under agreements between the Texas Office of Public Insurance Counsel (OPIC), the Texas Department of Insurance, and two subsidiaries of the Hartford Financial Services Group, Texas consumers with homeowner insurance from...
As the Wholesale World Turns
Jul 19 2010 // E&S Brokerage Mergers, Expansions and Start Ups, Oh My! As goes the circle of life, so goes the wholesale insurance broker world. Not even the sixth year of a soft market cycle has deterred industry veterans from...
Webinar to Help P/C Agents Benefit from Health Insurance Boom Under Reform Law
Jul 19 2010 // For independent insurance agents, upcoming healthcare reform could be an opportunity to gain a bigger share of the health insurance and benefits market, provided they can properly advise their customers about their...
Ward Group Names Top 50 Performing P/C Insurers
Jul 16 2010 // The Ward Group has named the top 50 property/casualty insurers, based on its evaluation of more than 3,000 companies domiciled in the United States. Companies named to the list had surplus and premiums of at least $50...
U.S. P/C Industry Posts $11.5B Net Income in Q1
Jul 13 2010 // The U.S. property/casualty industry earned a net profit for the first quarter 2010, partly due to the continued recovery in the financial markets. The first quarter 2010 rebounded from a net loss in the first three months...
ACE Appoints Furby Division President, Overseas General Operations
Jul 9 2010 // The ACE Group of insurance and reinsurance companies announced the appointment of David Furby as Division President, Commercial Property & Casualty, for ACE’s Overseas General operations. He is based in New York...
How P&C Agents Can Benefit from Upcoming Health Insurance Boom
Jul 7 2010 // For independent insurance agents, upcoming healthcare reform could be an opportunity to gain a bigger share of the health insurance and benefits market, provided they can properly advise their customers about their...
People
Jul 5 2010 // Donald D. Larson has been named president and chief operating officer of the Great American Property and Casualty Group and Great American Insurance Co. Larson is the 16th president in Great American’s history. He...
People
Jul 5 2010 // Donald D. Larson has been named president and chief operating officer of the Great American Property and Casualty Group and Great American Insurance Co. Larson is the 16th president in Great American’s history. He...
People
Jul 5 2010 // The Independent Insurance Agents of Texas (IIAT) elected David Wood, vice president and partner at Bogan, Dunlap & Wood Insurance in Odessa, to serve as the association’s president for 2010-2011. Other newly...
Near National P/C Carriers Identified for 2010
Jul 5 2010 // The Demotech Company Classification System Shows 62 Carriers Meet Critieria The original criteria and objective definition for the Near Nationals was established in the Feb. 12, 2007 issue of Insurance Journal. The...
Webinar to Help P&C Agents Benefit from Health Insurance Boom Under Reform Law
Jul 1 2010 // For independent insurance agents, upcoming healthcare reform could be an opportunity to gain a bigger share of the health insurance and benefits market, provided they can properly advise their customers about their...
S&P ‘Cautiously Optimistic’ on UK’s P/C Sector; Sees Rising Prices
Jun 30 2010 // In a recently published report Standard & Poor’s Ratings Services said that it believes “underlying underwriting performance in the U.K. non-life insurance industry has come under increasing pressure from...
Homeowners Offered Few Insurance Choices in Hurricane States
Jun 28 2010 // In most hurricane-prone states, homeowners have few choices of insurance coverage, with just eight property and casualty insurers in each state controlling up to 77.2 percent of the market share, according to Weiss...
A.M. Best: P/C Insurer Financial Impairments Triple Since 2007
Jun 25 2010 // The number of financial impairments for U.S. property/casualty (P/C) insurers have more than tripled since 2007, the last full year before the current recession, rising to 18 in 2009, up from 16 in 2008 and from five in...
Marsh Appoints Woolley and Petit-Lambotte as EMEA P/C Leaders
Jun 24 2010 // Marsh has appointed Caroline Woolley as Property Practice Leader, and Alain Petit-Lambotte as Casualty Practice Leader, for Europe, the Middle East and Africa (EMEA). A bulletin from Marsh’s London office explained...
Towers Watson Boosts Florida Operations with Betz, Stofko
Jun 24 2010 // Strengthening its presence in the Florida property/ casualty market, global professional services company Towers Watson has appointed two industry veterans with experience in the state. Robert Betz has been named practice...
P/C Insurers Return to Profitability in Q1 With $8.9B in Net Income
Jun 23 2010 // The property/casualty industry returned to profitability in the first quarter of 2010 despite continuing declines in both written premiums and earned premiums. Private U.S. property/casualty insurers’ net income...
Specialized Independence
Jun 21 2010 // Top 100 Agency Profile Agency Name: The Horton Group Inc. Headquarters: Orland Park, Ill. Year Founded: 1971 Locations: 15 2009 Total P/C Premiums: $258.3 million Commercial Lines: $221.4 million Personal Lines: $36.8...
Larson Named President, COO of Great American P/C Group
Jun 14 2010 // Donald D. Larson has been named president and chief operating officer of the Great American Property and Casualty Group and Great American Insurance Co. Larson is the 16th president in Great American’s history. He...
