All the headlines from our Property Casualty Topic Page, ordered by recency.
Jul 23 2012 // Through the first quarter 2012, total direct premium written (DPW) for all property/casualty insurers is up 4 percent compared to first quarter 2011. This increase in DPW represents over $4.8 billion in premium growth, of...
Jul 23 2012 // Group health insurance brokerage is changing but the changes are not primarily due to Congress or the courts. Rather the changes are being driven by costs — the cost of health care coverage and the cost of serving...
Jul 23 2012 // There is never a slow time in insurance sales, at least in theory. Yet in practice, no producer is productive 100 percent of the time. Who is? But when the number drops below 75 percent, agents must use slow time to...
Jul 23 2012 // “The economic sky is not falling.”That’s the opinion, at least, of Robert P. Hartwig, Ph.D., president and economist at the Insurance Information Institute. Hartwig told attendees at an insurance...
Jul 19 2012 // Dallas-based insurance agency, CoVerica Inc., has acquired the property and casualty insurance assets of Unimark Insurance, also located in Dallas.Founded 41 years ago, Unimark is commercial property and casualty agency...
Jul 18 2012 // Catastrophe risk modeling firm AIR Worldwide announced that China Property & Casualty Reinsurance Company Ltd. (CPCR) has licensed its typhoon, earthquake, and multiple-peril crop insurance models for China to better...
Jul 16 2012 // The National Conference of Insurance Legislators has a tendency to be a very deliberative and, yes, dilatory, body. During the meeting of its Property and Casualty Insurance Committee last Friday in Burlington, Vermont...
Jul 12 2012 // Woodland Hills, Calif.-based Poms & Associates Insurance Brokers Inc. named Peter Scott Jr. vice president of employee benefits and property/casualty in the firm’s Northern California office. Scott was previously...
Jul 11 2012 // For many independent property/casualty agencies, one bright spot of opportunity in an era of otherwise lackluster growth has been the health and benefits market. Over the course of the past four or five years, savvy P/C...
Jul 11 2012 // The South Central region of the country, particularly Texas, has been a hotbed of activity when it comes to mergers and acquisitions of smaller health and benefit agencies. The reason, according to agencies in the region,...
Jul 10 2012 // Seattle, WA, 07/10/12 – ValueAppeal, a pioneering online do-it-yourself property tax appeal service developed to help homeowners ensure that they are not overpaying their property taxes, today announced the launch of...
Jul 2 2012 // RLI Corp. tops the list of property/casualty commercial lines carriers ranked by financial performance for the 12 months ending March 31, based on a review by SNL.RLI beat out Chubb, Dorinco Reinsurance and Argo Group for...
Jul 2 2012 // For many independent property/casualty agencies, one bright spot of opportunity in an era of otherwise lackluster growth has been the health and benefits market. Over the course of the past four or five years, savvy P/C...
Jul 2 2012 // Although insurance rates have been drifting upward in recent months, the property/casualty industry is unlikely to see a return to the traditional hard market this year or next, an insurance expert told reinsurance...
Jul 2 2012 // AtlasAtlas Financial Holdings Inc. has started selling its core commercial automobile insurance products in Utah, becoming the 31st state where Atlas is actively underwriting. Atlas’ insurance subsidiaries, American...
Jul 2 2012 // Research and investment firm Keefe, Bruyette and Woods reported on June 21 its annual P/C industry reserve review.The report found that the insurers’ reserves continue to decline. And it warned that the positive...
Jul 2 2012 // In recent years, a growing number of independent property/casualty agencies have begun offering group health/benefits services to their clients. In interviews with Insurance Journal, agency executives in the Northeast...
Jul 2 2012 // Gallagher, WhitehavenIllinois-based global insurance broker Arthur J. Gallagher & Co. has acquired Whitehaven Insurance Group, Inc. in Gulf Shores, Alabama. Terms of the transaction were not disclosed.Founded in 1994,...
Jul 2 2012 // The South Central region of the country, particularly Texas, has been a hotbed of activity when it comes to mergers and acquisitions of smaller health and benefit agencies. The reason, according to agencies in the region,...
Jul 2 2012 // USI, Lynch, Beretta and BucciUSI Insurance Services completed the acquisition of Lynch, Beretta and Bucci Insurance, a Pawtucket, R.I.-based P/C insurance agency that specializes in a wide range of personal lines,...