All the headlines from our Property Casualty Topic Page, ordered by recency.
May 7 2012 // The current P/C insurance employment picture, much like the economic outlook, is mixed. Employers remain cautious about adding to payroll, but there are opportunities depending on the region of the country and job type....
May 7 2012 // In current practice, insurance premium accounting is based on general ledger (GL) accounting. It is used by all agency management software applications including AMS and Applied Systems just to name a few. Developed more...
May 7 2012 // The original criteria and objective definition for Super Regional P/C Insurersª was established in the Feb. 12, 2007, issue of Insurance Journal. Prior to the establishment of an industry-wide definition, a number of...
May 7 2012 // The current property/casualty market is not a “classic” hard market, yet anyway.While prices are clearly rising in certain lines including property and workers’ compensation, other conditions of a...
May 7 2012 // The current property/casualty market is not a “classic” hard market, not yet anyway.While prices are clearly rising in certain lines including property and workers’ compensation, other conditions of a...
May 4 2012 // A national advisory organization serving the U.S. property/casualty industry has named a new president.Edmund J. Kelly of Boulder, Col. was recently chosen president of the American Association of Insurance Services...
May 4 2012 // A.M. Best Co. has affirmed the issuer credit rating (ICR) of “bbb” and the unsecured debt and preferred equity ratings of Fairfax Financial Holdings Limited. Best also affirmed the financial strength rating...
May 3 2012 // The Hartford Financial Services Group Inc. said its 2012 first quarter net income declined 80.8 percent to $96 million, hurt by a $587 million net realized loss from runoff operations.The Hartford’s net income during...
May 3 2012 // A.M. Best Europe – Ratings Services Limited has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) of French...
Apr 27 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of the property/casualty group, Horace Mann Insurance Group and its...
Apr 24 2012 // The Norman-Spencer Agency is launching First Marine, an A+ rated, nationally admitted property and casualty coverage product.First Marine is a new proprietary program available through Norman-Spencer’s Marine...
Apr 24 2012 // The ACE Group has announced new leadership appointments in its Canadian operations.Andrew Hollenberg, Regional Senior Vice President, Accident & Health (A&H) and Life for ACE Europe, has been appointed Country...
Apr 23 2012 // The current property/casualty market is not a “classic” hard market, yet anyway.While prices are clearly rising in certain lines including property and workers’ compensation, other conditions of a...
Apr 18 2012 // Allied World Assurance Company Holdings AG said industry veteran Lou Iglesias joined Allied World U.S. as president of the property/casualty division. He will be based in New York City. His responsibility will include...
Apr 18 2012 // The Travelers Companies Inc. will kick off property/casualty insurers’ 2012 first-quarter earnings season Thursday, April 19, when the company reports its 2012 first three month results. Travelers is the first major...
Apr 18 2012 // Those interested in new or better positions in insurance might want to grab their suntan lotion and head to the Southeast. They might also want to brush up on their Spanish.The unemployment rate remains higher in key...
Apr 17 2012 // A new analysis shows that while the private U.S. property/casualty insurers suffered deteriorating results in 2011, they still ended the year with a strong and improved fourth-quarter.Private U.S. P/C insurers’ net...
Apr 17 2012 // A vast majority of corporate risk managers at U.S. companies are taking steps to prepare for a hardening property/casualty (P/C) insurance market.Professional services company Towers Watson’s annual survey also found...
Apr 16 2012 // Prev Next More with Less Many employers got used to doing more with fewer people during the downturn. Slow Going Insurance hiring may rise but it will likely still lag behind insurance demand. Touch Somebody Referrals from...
Apr 16 2012 // Looking for work can be an exhausting, soul-draining endeavor during the best of economic times. It goes without saying that job searching is considerably more challenging these days, when the U.S. unemployment rate is...