All the headlines from our Property Casualty Topic Page, ordered by recency.
Jun 16 2011 // Legislation has been introduced in the U.S. House of Representatives to adjust the tax code for about 600 small property/casualty insurance companies.The change will increase access to insurance for rural communities and...
Jun 15 2011 // The Directors of Swiss Re Group and the Directors of Swiss Re America Holding Corporation announced that J. Eric Smith will join Swiss Re as President and CEO, Americas effective July 11. He will replace Pierre Ozendo who...
Jun 14 2011 // Liberty Insurance Company Limited (LICL) has been granted approval by the China Insurance Regulatory Commission (CIRC) to increase its registered capital by $17.5 million. LICL is a wholly owned subsidiary of Liberty...
Jun 10 2011 // Don’t miss your chance to participate in the 2011 Top 100 Property/Casualty Independent Insurance Agencies report.The extended deadline is now Friday, June 17! Insurance Journal’s Top 100 identifies the...
Jun 10 2011 // It is axiomatic in Florida that when it comes to the legislature and insurance issues, the power brokers play for the last 72 hours. No matter how many committee meetings, no matter how many press conferences, no matter...
Jun 9 2011 // A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit rating (ICR) to “a” from “a-” of State Farm General...
Jun 6 2011 // The IMA Financial Group Inc. promoted three in the company’s employee benefits division to vice presidents.Gregg Kamas was promoted to vice president of IMA Financial Group and national practice leader of health risk...
Jun 6 2011 // Marsh & McLennan Cos. appointed Daniel S. Glaser to the newly created position of group president and chief operating officer. Glaser previously had been chairman and CEO of Marsh. He will continue to report to Brian...
Jun 6 2011 // Devastating tornadoes, floods, earthquakes overseas and a busier-than-usual hurricane season have U.S. insurance companies bracing for record losses in 2011.Insurers could suffer as much as $10 billion from weather-related...
Jun 3 2011 // Once again, Insurance Journal is on the search for leading privately-held property casualty independent agencies and brokerages for its annual Top 100 Property/Casualty Independent Insurance Agencies report.Top Overall...
May 31 2011 // Ustun Inan Insurance, an agency celebrating its 29th year of business in Fremont, Calif., has joined The Iroquois Group, according to agency principal Ustun Inan.Inan has been in the property and casualty insurance...
May 31 2011 // Property/casualty insurance premiums written in Arizona have declined in 2009 to $7.6 billion, down from $8.1 billion in 2008, according to a recent economic impact report.According to the Arizona Insurance Council, which...
May 27 2011 // A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa” of Travelers Group and its property/casualty members, and affiliates,...
May 26 2011 // Standard & Poor’s Ratings Services has published a report, which concludes that the Indian non-life insurance sector has “substantial growth potential because market penetration remained low–leaving...
May 24 2011 // Devastating tornadoes, floods, earthquakes overseas and a busier-than-usual hurricane season have U.S. insurance companies bracing for record losses in 2011.Insurers could suffer as much as $10 billion from weather-related...
May 23 2011 // The deadly outbreak of tornadoes in late April, which generated insured losses estimated at as much as $6 billion, is unlikely to have an immediate impact on property/casualty insurers’ Best’s ratings.The...
May 20 2011 // Kyle B. Anderson, Diane M. Dierna, Winford (Win) L. Logan and Jeffrey (Jeff) D. Wilson have been elected assistant vice presidents by the boards of directors of State Automobile Mutual and State Auto Property &...
May 20 2011 // During a recent field trip to The Main Street America Group’s corporate headquarters in Jacksonville, Fla., more than 60 fifth graders from Jacksonville’s Woodland Acres Elementary School learned the basics of...
May 17 2011 // Florida Gov. Rick Scott has signed into law legislation that promises to lower costs for the state’s property insurers, including what they pay on sinkhole claims.While the memory of former Governor Charles...
May 17 2011 // Once again, Insurance Journal is on the search for leading privately-held property casualty independent agencies and brokerages for its annual Top 100 Property/Casualty Independent Insurance Agencies report.Top Overall...