All the headlines from our Property Casualty Topic Page, ordered by recency.
Feb 7 2011 // Elsewhere in this issue, we relate the view on Main Street from the perspective of independent agents. But how do property/casualty company CEOs view Main Street and Main Street agents? At the recent Property/Casualty...
Feb 7 2011 // January 1, 2011 marked the beginning of a significant transformation for the nation’s insurance brokers Ð one that, frankly, didn’t inspire celebration. Medical loss ratios (MLR) mandated by health care reform...
Feb 7 2011 // Property/casualty insurers found things to like in President Obama’s State of the Union speech that was largely focused on the economy and business.Medical malpractice reform, regulatory review, and trade agreements...
Feb 4 2011 // ACE Limited reported net income for the quarter ended December 31, 2010, of $2.92 per share, compared with $2.81 per share for the same quarter last year, totaling over $1 billion. Income excluding net realized gains...
Jan 27 2011 // Property/casualty insurers found things to like in President Obama’s State of the Union speech that was largely focused on the economy and business.Medical malpractice reform, regulatory review, and trade...
Jan 27 2011 // The ACE Group announced that Jeffery Hager has been appointed Regional President, ACE Far East, responsible for ACE’s property and casualty (P&C) and accident and health (A&H) insurance businesses in Japan.He...
Jan 25 2011 // Hosted by Eastern Shore’s Bill Garvey, first podcast features Randall Day of FINEOS Chicago, IL – January 25, 2011 – Eastern Shore Consulting, a consulting firm specializing in insurance software selection...
Jan 24 2011 // Minnesota Gov. Mark Dayton appointed Mike Rothman as the new Commissioner of Commerce. The Department of Commerce and Revenue regulates the business of insurance in the state.Rothman was most recently an attorney with the...
Jan 24 2011 // Following a year of historically low merger and acquisition (M&A) activity in 2009, market, economic and political dynamics fueled the fourth most active year of M&A activity in the past 11 years, and the busiest...
Jan 24 2011 // The property/casualty insurance industry turned a corner and will show a profitable year for 2010, but underwriting discipline will be more important than ever in 2011, according to property/casualty CEOs.“2010 was...
Jan 24 2011 // Marsh appointed Jill Sulkes as head of its U.S. Financial Institutions Practice.Sulkes has more than 15 years of experience in risk management for financial institutions, most recently as a managing director in...
Jan 24 2011 // U.S. property insurers like Travelers Cos. Inc. and Chubb Corp. were expecting a relatively mild fourth quarter for catastrophe losses, but a series of punishing storms across the country in December may have blown away...
Jan 20 2011 // Managing general agency J.M. Wilson has added Katie Lombardo as a property/casualty underwriter in its Arlington Heights, Ill., office.Lombardo will review, quote, bind and service commercial P/C accounts for the...
Jan 14 2011 // The property/casualty insurance industry turned a corner and will show a profitable year for 2010, but underwriting discipline will be more important than ever in 2011, according to property/casualty chief executive...
Jan 13 2011 // Leaders of the property/casualty insurance industry believe the worst of the financial crisis is over and that the new year will bring improved profitability.In fact, an overwhelming majority (94 percent) of P/C executives...
Jan 11 2011 // The property/casualty small business sector—those accounts with less than 50 employees—has shrunk substantially since 2007, and there has been a dramatic shift in market share among small, mid-sized and large...
Jan 10 2011 // The insurance industry is recovering from the economic crisis, but profits are nowhere near where they were prior to the crisis, and it will take California longer than other states to rebound, according to an industry...
Jan 10 2011 // HUB International Is Back In the Acquisitions Race; To Go Public Within 2 Years Top 100 Agency Profile IJ Top 100 Rank: 2 Agency Name: HUB International Limited Main Office: Chicago Year Founded: 1998 No. of employees:...
Jan 5 2011 // Florida’s workers’ compensation market remains competitive with more than 250 private insurers writing coverage and only a fraction of business being funneled to the residual market.Also, availability does not...
Jan 5 2011 // U.S. property insurers like Travelers Cos. Inc. and Chubb Corp. were expecting a relatively mild fourth quarter for catastrophe losses, but a series of punishing storms across the country in December may have blown away...