Latest Property Casualty Headlines
All the headlines from our Property Casualty Topic Page, ordered by recency.
Fireman’s Fund: Focusing on Agents
Jun 1 2009 // CEO LaRocco, Exec Barnard Outline Insurer’s Renewed Strategy to Re-Engage Agents and Deliver Greater Value Weathering today’s economic storm has not been easy for insurance companies. Consumers are more...
People
Jun 1 2009 // Neal S. Wolin has been confirmed by the U.S. Senate to serve as the deputy secretary of the U.S. Department of the Treasury. In February, Wolin was named deputy assistant to the President and deputy counsel to the...
State Auto: How a Regional Carrier Weathers the Storms
Jun 1 2009 // CEO Restrepo Talks Cat Losses, Premium Growth and Independent Agents Regional property/casualty insurance companies don’t make headlines like the large institutions. They simply go about their business serving...
Best Revises Selective and Subs Outlook to Negative; Affirms Ratings
May 28 2009 // A.M. Best Co. has revised its rating outlook to negative from stable, but has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Selective...
Top 100 Agencies: Deadline to Submit, June 1
May 27 2009 // Insurance Journal is on the search for the nation’s leading privately-held property casualty independent agencies and brokerages for its annual Top 100 Property/Casualty Independent Insurance Agencies report. Now,...
Top 100 Profile: A Quiet Giant in The Leavitt Group
May 26 2009 // As Insurance Journal prepares for another Top 100 Independent Property/Casualty Agency List, to be published in our Aug. 3, 2009, magazine, the editors wanted to highlight a few of the current Top 100 agencies. Throughout...
Best Affirms Travelers Ratings; Changes Outlook to Positive
May 19 2009 // A.M. Best Co. has revised the outlook to positive from stable for the issuer credit ratings (ICR) of Travelers Group, its P/C members and affiliate, Travelers Casualty and Surety Company of America (TCSA) and TCSA’s...
P/C Insurance Agents Battle Public Health Care Reform Option
May 18 2009 // Lobbyists for property/casualty insurance agents have elevated health care reform to the top of their political agenda. P/C agents have addressed health insurance legislation in the past but the issue has taken on new...
The Hartford Says It Will Not Sell P/C or Life Insurance Units
May 18 2009 // Hartford Financial Services Group Inc. said it plans to keep its U.S. property/casualty and life businesses, after winning approval last week to tap $3.4 billion of federal bailout funds. Chief Executive Ramani Ayer...
Inside the Beltway-Federal Regulation Threat Remains Priority
May 18 2009 // Health care reform hasn’t completely overwhelmed federal regulation as a concern in Washington, at least for insurance agents. They believe that given all of the current financial turmoil, some type of financial...
Inside the Beltway-Why Health Care Reform Matters to P/C Agents
May 18 2009 // P/C Agents Join Fight Against Competing Government Health Plan Property/casualty insurance agents have elevated health care reform to the top of their political agenda; the matter is now just a notch below the perennial...
Best Affirms AXA (US) ‘A-‘ Ratings
May 15 2009 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of New York-based AXA Insurance Company, both with stable outlooks. Best...
Top 100 Agencies: Deadline to Submit, June 1
May 15 2009 // Insurance Journal is on the search for the nation’s leading privately-held property casualty independent agencies and brokerages for its annual Top 100 Property/Casualty Independent Insurance Agencies report. Now,...
Top 100 Profile: Locked into the Customer at No. 1 Lockton
May 14 2009 // As Insurance Journal prepares for another Top 100 Independent Property/Casualty Agency List, to be published in our Aug. 3, 2009, magazine, the editors wanted to highlight a few of the current Top 100 agencies. Throughout...
Bukaty Companies Adds 2 New Account Executives in P/C Unit
May 14 2009 // Don Burdolski and Bill Castans have joined Kansas-based Bukaty Companies Property and Casualty division as account executives. Burdolski and Castans have more than 45 years of combined experience in commercial lines...
Texas’ March Enforcements Result in $325K in Fines, Restitution
May 12 2009 // Enforcement actions taken by Texas Insurance Commissioner Mike Geeslin that became final during March include eight license revocations, three license denials and fines and restitution totaling more than $325,000. An order...
Max Capital Group’s Q1 Net up 82% to $44.5 Million
May 6 2009 // The Bermuda-based Max Capital Group reported net income for the three months ended March 31, 2009 of $44.5 million, or $0.78 per diluted share, compared to net income of $7.7 million, or $0.13 per diluted share, for the...
Conning Study Examines P/C Insurance Industry Outsourcing
May 5 2009 // A new study by Conning Research and Consulting notes that the “property-casualty industry has been offshoring business processes since the Y2K fixes of the late 1990s, and a combination of continuing expense...
Agents and Brokers: Deadline to Submit for IJ’s Top 100, June 1
May 5 2009 // Insurance Journal is on the search for the nation’s leading privately-held property casualty independent agencies and brokerages for its annual Top 100 Property/Casualty Independent Insurance Agencies report. Now,...
2009 Super Regional P/C Insurers™
May 4 2009 // The original criteria and objective definition for Super Regional P/C Insurers™ were established in the Feb. 12, 2007 issue of Insurance Journal. Prior to the establishment of an industry-wide definition, a number of...
