All the headlines from our Property Casualty Topic Page, ordered by recency.
Apr 16 2012 // The insurance employment market in the East and Northeast regions — as in most other parts of the country — can be summed up the following way: hiring is “slightly elevated” compared to last year, but there...
Apr 16 2012 // (A full version of this article, as well as exclusive podcasts featuring Hanover CEO Frederick Eppinger, is available on InsuranceJournal.com)Eight out of 160 years of history may not seem like a big deal but for Hanover...
Apr 16 2012 // Eight out of 160 years of history may not seem like a big deal but for Hanover Insurance Group, founded in 1852, the last eight years have seen a series of big deals.Eight years ago in 2004, the $2.4 billion heavily...
Apr 16 2012 // By now, it’s clear that the billionaire hedge fund manager John Paulson is not shy of letting his feelings be heard, especially when it comes to under-performing stocks.For the past couple of months, his target was...
Apr 13 2012 // The St. Landry Parish School Board has voted to begin receiving quotes for the district’s property, casualty and liability insurance coverage.The Advocate reports board attorney Gerard Caswell recommended on April 11...
Apr 13 2012 // New York regulators launched a new online application to make it easier for the public to look at the data used by property/casualty insurers to support rate increases, introduce new products or change existing insurance...
Apr 11 2012 // National Financial Partners Corp. subsidiary, NFP Property and Casualty Services Inc. (NFP P&C), acquired Illinois-based Ameribonds Surety & Insurance Services (Ameribonds Surety), effective April 2, 2012, the...
Apr 9 2012 // The recent acquisition of Roseland, N.J.-based insurance wholesaler Crump Group by BB&T Corp., a major regional bank and insurance broker based in Winston-Salem, N.C., created one of the largest providers of wholesale...
Apr 6 2012 // Chicago-headquartered CNA Financial Corporation appointed Bill Donovan as vice president of its Hartford, Conn., branch. Bill Donovan In this role, Donovan is responsible for synchronizing branch operations with...
Apr 4 2012 // Property/casualty insurer technology vendor FirstBest Systems Inc. said it has completed $10 million in funding. With the new round, NewSpring Capital and Verisk Analytics Inc. join private equity firm Brookstone Partners,...
Apr 3 2012 // Eight out of 160 years of history may not seem like a big deal but for Hanover Insurance Group, founded in 1852, the last eight years have seen a series of big deals.Eight years ago in 2004, the $2.4 billion heavily...
Apr 1 2012 // In the past few years, dozens of property/casualty insurers have announced innovative protections for risks involving new technologies, current economic concerns, personal and family relationships, home-based small...
Mar 29 2012 // Cunningham Lindsey, an insurance claims management company controlled by buyout firm Stone Point Capital LLC, is up for sale and could fetch more than $1 billion, sources familiar with the situation said.Bank of America...
Mar 28 2012 // A new program sponsored by the National Ethics Association provides low-cost E&O insurance to property & casualty insurance agents nationwide. Issued by Everest National Insurance Co. and administered by Marsh U.S....
Mar 22 2012 // John Paulson, a billionaire hedge fund manager and the largest shareholder of The Hartford Financial Services Group, says the company’s plan to exit most of its life insurance businesses is a good start — but...
Mar 22 2012 // A.M. Best Co. has placed under review with developing implications the issuer credit rating (ICR) of “bbb+” and the debt ratings of The Hartford Financial Services Group, Inc., as well as the ICRs of...
Mar 21 2012 // The Hartford Financial Services Group Inc., under pressure to boost its stock price from hedge fund manager John Paulson, said it would get rid of most of its life insurance-related operations and focus on being a property...
Mar 21 2012 // In response to Hartford Financial Services Group Inc.’s planned exit from some of its life insurance business, Standard & Poor’s Rating Services said it is downgrading the subsidiaries previously aggregated...
Mar 19 2012 // Edgewood Partners Insurance Center, a retail property, casualty and employee benefits insurance brokerage, named Hilton Brown to oversee client claims and advocacy in the company’s California offices in Los Angeles...
Mar 19 2012 // A report on Arizona’s property/casualty insurers issued recently shows a drop in written premiums to $7.4 billion, and a large increase in losses incurred to $6.4 billion for 2010.The report, from the Arizona...