All the headlines from our Property Casualty Topic Page, ordered by recency.
Nov 2 2010 // The property/casualty insurance industry in Texas experienced a “ho hum” year in 2009 with soft market pricing and a difficult economy taking a toll on written premium, according to a report released by the...
Nov 1 2010 // Juan Andrade stepped down as Commercial Markets president at The Hartford to join Ace as president of the insurers’ Global Personal Lines and Small Commercial Insurance division. He will assume the new position with...
Nov 1 2010 // Fireman’s Fund’s financials, like other insurance carriers’, got bruised a little in the first half of 2010, following some heavy catastrophe losses. But company President and CEO Mike LaRocco said...
Nov 1 2010 // Companies that seek longevity in the insurance industry should not focus solely on increasing profits. That’s the assessment of Robert P. Hartwig, president and economist for the Insurance Information Institute....
Nov 1 2010 // Today’s soft insurance market, reduced commissions and a tough economy for agency owners and their clients might be adding to agency errors and omissions (E&O) exposures. But agency owners are not the only ones...
Nov 1 2010 // Rank: 6 Agency Name: The ISU Group Year Founded: 1979 Headquarters: San Francisco, Calif. Approx. 100 additional locations nationwide Principals: T.J. Ryan III, CEO; Steven C. Pearson, president, ISU International %...
Oct 29 2010 // Cincinnati Financial Corp. reported $156 million, or 95 cents per share, of net income for the third quarter of 2010 compared with a net income of $171 million, or $1.05 per share, in the third quarter of 2009.The...
Oct 28 2010 // California has a $1.85 trillion economy that ranks it as a global financial power, thanks in part to a multi-billion dollar boost from the property/casualty insurance industry, according to a new report.In 2007, insurers...
Oct 25 2010 // Standard & Poor’s Ratings Services has lowered its counterparty credit and financial strength ratings on the core operating companies of the American National Insurance Co. group (ANICO) to ‘A+’ from...
Oct 25 2010 // An executive of a national insurance company trade group told insurance CEOs and senior executives that America faces a struggle between two competing visions for the future – a choice between a free market system...
Oct 18 2010 // When companies go out of business, their leaders often blame something other than their own performance for the failure. Lehman Bros.’s CEO Richard Fuld said his compensation package had nothing to do with his...
Oct 18 2010 // Texas-based Roach Howard Smith & Barton (RHSB) announced that Jan Holcombe joined the company as vice president of personal client services.Holcombe brings more than 20 years of experience as an insurance counseling...
Oct 18 2010 // The Hartford appointed Lisa Morgan senior vice president of its middle market commercial insurance business. She will lead The Hartford’s $2 billion middle market commercial insurance unit that provides the...
Oct 18 2010 // About the Commercial Lines Leaders: The 2010 Commercial Lines Leaders in this special feature are taken from Insurance Journal’s Top 100 Property/Casualty Indepdendent Agencies as reported in August. This list...
Oct 7 2010 // International insurers seeking a bigger share of the potentially lucrative Gulf market need to adapt quickly to regulatory changes and tap into growth areas like Islamic finance or risk being muscled out of...
Oct 7 2010 // Standard & Poor’s Ratings Services has raised its counterparty credit and financial strength ratings on American Financial Group’s (AFG) core insurance subsidiaries to ‘A+’ from...
Oct 4 2010 // Greensburg, Ind.-based MainSource Financial Group announced it sold the property and casualty and health insurance book of businesses related to its insurance subsidiary, MainSource Insurance (MSI), to Encore Insurance...
Oct 4 2010 // If a creative insurance cinematographer were to capture the story of McQueary Henry Bowles Troy LLP, it might appear to be a familiar tale. That’s because although times are tough in the national economy, at this...
Oct 4 2010 // Benjamin Franklin once said, “Without continual growth and progress, such words as improvement, achievement and success have no meaning.” In a market that continues to be described as soft, the Top 25...
Sep 29 2010 // Liberty Mutual Agency Corp. postponed indefinitely its planned initial public offering, quashing hopes that the planned $1.2 billion flotation could give a needed jolt to the U.S. IPO market.The property and casualty...