All the headlines from our Property Casualty Topic Page, ordered by recency.
May 10 2011 // United Insurance Holdings Corp’s., a property and casualty insurance holding company, homeowners, dwelling fire, and flood products will now be sold by agents from GreatFlorida Insurance, a privately held,...
May 6 2011 // Kansas Commissioner of Insurance Sandy Praeger named department veteran Jim Newins as the new Property and Casualty Division Director at the Kansas Insurance Department (KID). Newins began working for KID in 1988 as an...
May 5 2011 // Swiss Re has estimated that its first quarter P&C pre-tax catastrophe losses exceed $2.3 billion, resulting in the $1.233 billion operating loss in this sector given above. Swiss Re’s earnings bulletin pointed...
May 4 2011 // J.M. Wilson, a managing general agency based in Kansas City, Mo., has added Ariynna Garrison in Kansas City as property and casualty underwriter. Garrison is responsible for quoting new and renewal accounts for a wide...
May 4 2011 // Commercial property/casualty pricing declined again with an average decline 3 percent in the first quarter of 2011. But according to a new industry survey, the pace of pricing declines may be slowing down.The market showed...
May 3 2011 // Ohio-based Cincinnati Financial Corp. reported first quarter 2011 net income of $62 million compared with $68 million for the same period in 2010. Operating income came in at $55 million compared with $63 million during...
May 2 2011 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Harleysville Insurance and its property/casualty pooling members,...
May 2 2011 // Most commercial lines insurance prices continued their downward trend in the first quarter, as underwriters’ efforts to hold the line on premiums buckled under the pressure of a highly overcapitalized market.Three of...
May 2 2011 // The property/casualty insurance industry can expect premium growth of between 3 and 4 percent in 2011, and about 5 percent for the following two years, according to a forecast from analysts at Conning Research &...
May 2 2011 // Top 100 Agency Profile Rank: No. 18* Agency Name: Moreton & Co. Main Office: Salt Lake City, Utah Additional Locations: Sandy, Utah; Boise, Idaho; Denver, Colo.; Johnson, R.I. Year Founded: 1910 No. of Employees:...
Apr 26 2011 // Most commercial lines insurance prices continued their downward trend in the first quarter, as underwriters’ efforts to hold the line on premiums buckled under the pressure of a highly overcapitalized market.Three of...
Apr 25 2011 // The property/casualty insurance industry can expect premium growth of between 3 and 4 percent in 2011, and about 5 percent for the following two years, according to a forecast from analysts at Conning Research &...
Apr 20 2011 // U.S. property/casualty insurers’ net income after taxes rose to $34.7 billion in 2010 from $28.7 billion the year before, with insurers’ rate of return on average policyholders’ surplus increasing to 6.5...
Apr 20 2011 // While lobbyists see few direct threats to the property/casualty insurance industry in the current Congress, P/C insurers have been advised to remain vigilant because several issues that could have a spillover effect on...
Apr 19 2011 // Allied World U.S. has expanded its property & casualty (P&C) operations with the launch of a new inland marine division. The division will target all filed and non‐filed classes of inland marine business in the...
Apr 19 2011 // Keystone Insurers Group is expanding its presence in Tennessee by teaming up with four new franchise partners.E.B. Thom & Sons, McIntire & Associates Insurance Inc., Porch-Stribling-Webb Inc. and Art E. Gernt have...
Apr 19 2011 // Denver, April 19 2011 – Premier Group Insurance, Inc. announced today the further expansion of its agency Property & Casualty group of more than 100 licensed agents into additional targeted states in the West....
Apr 14 2011 // Catastrophe models are a great risk management tool for property/casualty insurers but even the person who created the first one is worried that they are being given more credit and influence than they deserve.Karen Clark...
Apr 12 2011 // The federal health reform enacted last year will bring short- and long-term challenges to employers and the property/casualty insurance industry.According to Harry Shuford, chief economist for the insurance...
Apr 12 2011 // The economy is recovering, but not enough to overcome a persistent soft market and spark robust premium growth, a new report from Advisen Ltd. says.As a result, property/casualty insurers will increasingly view...