Latest Property Casualty Headlines
All the headlines from our Property Casualty Topic Page, ordered by recency.
COMMERCIAL P/C PRICES STILL DROPPING, RISK MANAGER SURVEY FINDS
Aug 6 2007 // Commercial insurance premiums continued to decline during the second quarter of 2007, according to the RIMS Benchmark Survey, a survey of current policy renewal prices as reported by corporate risk managers. RIMS Benchmark...
Agents Errors & Omissions
Aug 6 2007 // If ever there was a time for insurance agents to get out and go looking for a better errors and omissions policy, this is the season. Agents who do will come across several admitted carriers that are welcoming new business...
Commercial Lines Leaders
Aug 6 2007 // About the Commercial Lines Leaders: The Commercial Lines Leaders in this special feature are taken from Insurance Journal’s Top 100 Property Casualty Independent Agencies as reported in April. This list utilizes only...
Agents in E&O Buyer’s Seat
Aug 6 2007 // If ever there was a time for insurance agents to get out and go looking for a better errors and omissions policy, this is the season. Agents who do will come across several admitted carriers that are welcoming new business...
The Hartford settlement with attorneys general ends agents’ contingent
Aug 6 2007 // The Hartford Financial Services Group Inc. announced it has reached a settlement with the New York, Connecticut and Illinois attorneys general resolving matters relating to their investigations of the compensation...
Texas’ June Enforcement Actions Result in $190K in Fines, Restitution
Jul 31 2007 // Enforcement actions taken by Texas Insurance Commissioner Mike Geeslin that became final during June resulted in nearly $191,000 in fines and restitution, the Texas Department of Insurance announced. The actions include...
III Promotes Weisbart to Chief Economist
Jul 30 2007 // Dr. Steven N. Weisbart, vice president and economist for the Insurance Information Institute, has been named chief economist of the organization, announced Dr. Robert P. Hartwig, president of the III. Weisbart will oversee...
Indiana insurer for mutual insurers, agents celebrates 20 years
Jul 23 2007 // The blueprint for the company was originally conceived by an ad hoc task force of senior executive officers from several mutual property/casualty insurance companies in response to the liability insurance crisis of the...
Bickmore Risk Services Names Director of P/C Actuarial Services
Jul 23 2007 // Bickmore Risk Services, a Sacramento, Calif.-based independent risk management consulting firm, has appointed Michael S. Harrington to director, Property and Casualty Actuarial Services. Harrington will coordinate the...
U.S. P/C INSURERS PAY $2.1 BILLION IN CAT LOSSES
Jul 23 2007 // U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $2.175 billion for second-quarter property losses resulting from a total of six catastrophes in 25 states — tying the record...
People
Jul 23 2007 // The Hartford Financial Services Group Inc. has named Thomas M. Marra to the newly created position of president and chief operating officer. Marra, currently a member of the company’s board of directors and president...
P/C industry net income, overall profitability slips
Jul 23 2007 // The U.S. property/casualty insurance industry’s net income after taxes dipped to $15.8 billion in first-quarter 2007 from $16.7 billion in first-quarter 2006 and $17.7 billion in first-quarter 2005, according to...
News Currents
Jul 23 2007 // Indiana insurer for mutual insurers, agents celebrates 20 years The blueprint for the company was originally conceived by an ad hoc task force of senior executive officers from several mutual property/casualty insurance...
People
Jul 23 2007 // The Hartford Financial Services Group Inc. has named Thomas M. Marra to the newly created position of president and chief operating officer. Marra, currently a member of the company’s board of directors and president...
Figures
Jul 23 2007 // $2.175 Billion U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $2.175 billion for second-quarter property losses resulting from six catastrophes in 25 states — tying the...
People
Jul 23 2007 // Richard S. “Dick” Gieger, general counsel of the law firm of Thompson, Coe, Cousins and Irons, was presented the Raymond Mauk Leadership Award on July 12 in Austin, Texas, at the 15th Annual Mid-Year Property...
Premium Growth: Top 25 P/C premium gainers for first quarter 2007
Jul 23 2007 // I am certain that Erik Erikson, Stella Chess and Jane Whitbread were not thinking of the insurance industry when they wrote this but they could have been. The 25 property/casualty insurers with the largest increase in...
News Currents
Jul 23 2007 // P/C industry net income, overall profitability slips The U.S. property/casualty insurance industry’s net income after taxes dipped to $15.8 billion in first-quarter 2007 from $16.7 billion in first-quarter 2006 and...
Commercial P/C Prices Still Dropping, Risk Manager Survey Finds
Jul 17 2007 // Commercial insurance premiums continued to decline during the second quarter of 2007, according to the RIMS Benchmark Survey, a survey of current policy renewal prices as reported by corporate risk managers. RIMS Benchmark...
Wetern National Insurance Named to 2007 “Ward’s 50”
Jul 17 2007 // Western National Insurance Group recently announced that it has been named to the 2007 Ward’s 50 benchmark group of top performing property/casualty companies in the U. S.. The award recognizes Western National for...
