Latest Property Casualty Headlines
All the headlines from our Property Casualty Topic Page, ordered by recency.
Small Businesses Start Small Then Grow into Big Businesses
Feb 23 2004 // According to the U.S. Census Bureau there were more than five million firms employing fewer than 20 people in 2001, not counting the millions of people who are self employed. Another 600,000 firms employed between 20 and...
Connecticut: More Than the Constitution and Nutmeg
Feb 23 2004 // The United States Census Bureau’s Census 2000 estimated the population of the State of Connecticut at 3,405,565. Approximately 84 percent of the adult residents had graduated from high school and about 31 percent had...
Michigan Still a Loss Ratio Laggard
Feb 23 2004 // The U.S. Census Bureau’s 2000 census estimated the Michigan’s population at almost 10 million. About 83 percent of the adult residents had graduated from high school and about 22 percent had earned a...
Despite Some Bumps, North Carolina P/C Market Remains Strong
Feb 23 2004 // North Carolina Insurance Commissioner Jim Long recently set aside some time to talk with Insurance Journal Southeast regarding some of the issues impacting the state. A native of Burlington, N.C., Long was first elected to...
The Bluegrass State – Home of Louisville Slugger, Abe Lincoln Birthplace
Feb 23 2004 // The United States Census Bureau’s 2000 census estimated the population of the State of Kentucky at 4 million. Approximately 74 percent of the adult residents had graduated from high school and about 17 percent had...
More than Dairy Farms and Cotton Plantations
Feb 23 2004 // The United States Census Bureau’s Census 2000 estimated the population of the State of Arkansas at 2,673,400. Approximately 75 percent of the adult residents had graduated from high school and about 17 percent had...
More than Evergreens, Apples, Mt. St. Helens and Starbucks
Feb 23 2004 // The United States Census Bureau’s Census 2000 estimated the population of the State of Washington at 5,894,121. Approximately 87 percent of the adult residents had graduated from high school and about 28 percent had...
Everest Re Group Announces Dividend
Feb 20 2004 // Everest Re Group Ltd. announced that its Board of Directors declared a dividend of $0.10 per share payable on or before March 19, 2004 to all shareholders of record as of March 1, 2004. Everest Re Group Ltd. is a Bermuda...
Infinity Property and Casualty Corp. Notes Closing of $200 Million Senior Notes Offering
Feb 19 2004 // Alabama-based Infinity Property and Casualty Corporation, a provider of personal automobile insurance with an emphasis on non-standard auto insurance, has closed the previously announced offering of $200 million Senior...
Swiss Re Reports 7% P/C Renewal Premium Growth
Feb 17 2004 // Swiss Re announced that it has registered a seven percent increase in P/C premium growth following the latest round of renewals, occasioned by a “combination of further rate increases and portfolio...
A.M. Best’s P/C Review/Preview Report: Keeping Pace – Success for Some, but Pressures Remain
Feb 10 2004 // While underwriting improved, with a year-end 2003 combined ratio forecast at 101.1, the property/casualty industry has a long way to go before strong returns can be achieved, according to A.M. Best Co.’s annual...
Infinity Property and Casualty Corp. Releases Q4 Results
Feb 10 2004 // Alabama-based Infinity Property and Casualty Corporation, a provider of personal automobile insurance with an emphasis on nonstandard auto insurance, reported net earnings for the fourth quarter of $19.5 million or $0.94...
Zenith National Unveils Q4 Numbers
Feb 9 2004 // California-based Zenith National Insurance Corp. reported net income of $20.8 million for the fourth quarter of 2003 compared to a net loss of $7.8 million for the fourth quarter of 2002. Net income for the year ended Dec....
Country Music, Graceland, the Smoky Mountains and Soybeans’!
Feb 9 2004 // The U.S. Census Bureau’s 2000 census estimated the population of the State of Tennessee at 5.6 million. Approximately 76 percent of the adult residents had graduated from high school and about 20 percent had earned a...
The Sooner State – Garth Brooks, Wheat and Parking Meters
Feb 9 2004 // The United States Census Bureau’s Census 2000 estimated Oklahoma’s population at 3,450,654. Approximately 81 percent of the adult residents had graduated from high school and about 20 percent had earned a...
AUTO INSURANCE, WORKERS’ COMP EMERGE AGAIN AS TOP LEADING LEGAL ISSUE TRENDS:
Feb 9 2004 // Workers’ compensation and automobile insurance laws accounted for nearly 40 percent of the new property/casualty-related statutes enacted by state legislatures last year, according to the fifth annual analysis of...
More than the Denver Broncos and a Rocky Mountain High
Feb 9 2004 // The United States Census Bureau’s Census 2000 estimated the population of the State of Colorado at 4,301,261. Approximately 87 percent of the adult residents had graduated from high school and about 33 percent had...
Allmerica Financial P/C Upgraded
Feb 9 2004 // A.M. Best Co. announced that it upgraded the financial strength ratings of Massachusetts-based Allmerica Financial Corp.’s P/C companies (AFC) to “A-” (excellent) from “B++” (very good)....
Chubb Reports Q4 Net Income of $72.3 Million
Feb 5 2004 // The Chubb Corporation reported that net income in the fourth quarter of 2003 was $72.3 million or $0.38 per share, compared to net income of $56.6 million or $0.33 per share in the fourth quarter of 2002. Operating income,...
ACE Reports $421 Million Q4 Net; $1.4 Billion Full-year
Feb 5 2004 // ACE Limited reported that net income for the quarter ended December 31, 2003 was $421 million or $1.45 per share, compared with a net loss of $168 million or $0.67 per share for the prior year. For the fill year ACE posted...
