All the headlines from our Property Casualty Topic Page, ordered by recency.
Jan 23 2012 // Insurance industry conferences are usually serious and dry affairs. And they are probably even more so in the current environment where insurers have been grappling with huge catastrophe losses.But Dr. Robert Hartwig,...
Jan 23 2012 // A.M. Best Co. issued a stable 2012 outlook for P/C personal lines segment. That implies that the majority of 2012 rating actions for this segment are likely to be affirmations, with a fairly balanced distribution of...
Jan 23 2012 // The economic uncertainty that plagues buyers of insurance does not bode well for the property/casualty insurance industry, experts are warning.Ernst & Young, the global tax and business advisory firm, said it expects...
Jan 23 2012 // Amid the continued difficult economic conditions, a heightened frequency of catastrophic events in 2011 has resulted in nearly $40 billion of losses to insurers. The losses associated with these catastrophes have been...
Jan 23 2012 // Although it comprises just over 2 percent of annual direct premiums for the U.S. property and casualty insurance industry, the medical professional liability (MPL) insurance business is integral to the U.S. healthcare...
Jan 20 2012 // Combined Agents of America LLC (CAA), headquartered in Austin, Texas, reported 19.5 percent growth in written property/casualty premiums in the third quarter of 2011, compared with the same period in 2010.CAA, whose 47...
Jan 19 2012 // San Diego, Calif.-based Western Insurance Holdings Inc., a property/casualty holding company, has formed On Point Risk Solutions. On Point Risk Solutions, also in San Diego, provides an array of property/casualty services...
Jan 19 2012 // A.M. Best Co. has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and issuer credit rating to “bbb+” from “a-” of GHS Property and Casualty Insurance Co. (GHS), located in...
Jan 17 2012 // The property/casualty insurance industry is calling on the military for help in the talent war.Through special units, concerted outreach, mentoring programs, job fairs and partnerships with veterans organizations,...
Jan 17 2012 // A panel of CEOs at a recent industry forum looked back and shared their thoughts on 2011, the year of record-high catastrophe loss for many carriers.Ohio Mutual Insurance Group CEO James Kennedy said that small- and...
Jan 17 2012 // The low interest-rate environment and poor investment income are pushing the need for more stringent underwriting for carriers, according to a panel of experts at a recent industry forum.Property/casualty insurers get part...
Jan 13 2012 // A tree lays in a yard after a possible tornado roared through Icard, N.C,. on Wednesday, Jan. 11, 2012.Damaging hailstorms in Australia. Unprecedented tornadoes in the southeastern United States. Constant windstorms in...
Jan 11 2012 // Most property/casualty insurance executives believe the worst of the financial crisis is over and that the industry is now in the early stages of a hard market, according to a survey from the Insurance Information...
Jan 10 2012 // Endurance Specialty Holdings promoted Mark Boland to the position of senior vice president, primary casualty insurance. In his new role, Boland will lead Endurance’s U.S. wholesale primary casualty insurance...
Jan 10 2012 // The economic uncertainty that plagues buyers of insurance does not bode well for the property/casualty insurance industry, experts are warning.Ernst & Young, the global tax and business advisory firm, said it expects...
Jan 9 2012 // Starr Companies appointed Ed Navarro as head of international insurance operations. Navarro will drive Starr’s expansion for areas outside of the U.S. He’s been serving as global head of accident and health...
Jan 9 2012 // The year 2011 is now behind us — and what a year it was for the P/C insurance industry.There were many headlines. But it will be remembered mostly for record-high catastrophe losses. In May, we saw a tornado that ripped...
Jan 5 2012 // Now that the year 2011 is behind us, let’s take a look at what might be ahead.Insurance Journal spoke with leading industry professionals and asked them what they are expecting this year. If their forecasts are any...
Jan 5 2012 // Rancho Cordova, Calif.-based WIAA Education & Research Foundation, a nonprofit corporation focused on advancing knowledge of insurance industry professionals, hosted a recent roundtable discussion on the industry and...
Jan 3 2012 // Although it comprises just over two percent of annual direct premiums for the U.S. property and casualty insurance industry, the medical professional liability (MPL) insurance business is integral to the U.S. healthcare...