Latest Property Casualty Headlines

All the headlines from our Property Casualty Topic Page, ordered by recency.

White Papers and Blueprints: Agents Chart Their Own Regulatory Future

Apr 21 2008 // Insurance Journal‘s Editor-in-Chief Andrea Wells interviewed Robert Rusbuldt, CEO and president of the Independent Insurance Agents and Brokers of America (the Big “I”), at the Big “I”...

Top 100 Property Casualty Independent Agencies

Apr 21 2008 // About This Report: The soft market had its effect on this year’s Top 100. But despite challenging soft market conditions, 15 of the privately-owned agencies and brokerages on Insurance Journal‘s Top 100...

Premium Growth: Top 25 P/C Premium Gainers in 2007 Versus 2006

Apr 21 2008 // President Calvin Coolidge noted that “All growth depends upon activity. There is no development physically or intellectually without effort, and effort means work.” That being the situation, the following 25...

Analysts See Increase in P/C Mergers Ahead; Rate Climate Change Top Issue

Apr 14 2008 // Insurance equity analysts expect a significant increase in property/ casualty mergers and acquisitions this year, according to findings of a global survey by Accenture.More than two-thirds (71 percent) of all P/C analysts...

The Ultimate Employee Benefit Producer School™

Apr 10 2008 // Lincoln, CA – April 10, 2008 – Agency Management Resource Group, a training, education and consulting firm serving independent insurance agencies, has announced the launch of the nation’s first producer...

Wells Fargo Names Stokes Managing Director in San Francisco

Apr 7 2008 // Wells Fargo Insurance Services Inc. has named Mark Stokes managing director for its San Francisco office. In addition to maintaining his current managing director responsibilities for Wells Fargo Insurance Services’...

AIG Rebrands Domestic Insurance as P/C Group; Shuffles Executives

Apr 7 2008 // Insurance giant American International Group, Inc. has renamed its Domestic General Insurance operations the AIG Property Casualty Group, a move the company says reflects the increasing power of AIG’s corporate brand...

Push for Federal Regulation is Call Ror No Regulation

Apr 7 2008 // Editor’s Note: The following letter was sent to the president of American Insurance Association Gov. Marc Racicot.I read with interest your letter and news release calling for state insurance regulators to reconsider...

A Passion for Protecting Directors of Companies

Apr 7 2008 // Bill Pollock is passionate about protecting directors of companies. The Dartmouth College and University of Virginia law school graduate has been a director and a CEO, and understands from both sides the position company...

Take a P/C Soft Market, Throw in a Recession, and Stir

Apr 7 2008 // The following interview with Robert Hartwig, president of the Insurance Information Institute, took place with Insurance Journal‘s Andy Simpson in mid-February.How would a recession affect Main Street...

During a Recession, Agents Tend to Fare Better Than Their Customers

Apr 7 2008 // Main Street independent insurance agents could take a bigger hit than their larger counterparts as an economic recession lands on top of the soft market.The soft market coinciding with a bad economy is a real challenge for...

Atlantic American Sells its Regional Property and Casualty Operations

Apr 1 2008 // Atlanta-based Atlantic American Corp. sold its regional property and casualty operations to Columbia Mutual Insurance Co. of Columbia, Mo.Included in the sale are Association Casualty Insurance Co,, Association Risk...

Main Street America Announces Officer-Level Promotions, Appointments

Mar 31 2008 // The Main Street America Group board of directors promoted two and appointed two to officer-level positions.The Jacksonville, Fla.-based company promoted John Thompson to vice president, operational controller and Dean...

Agents and Brokers: Deadline to Submit for IJ’s Top 100, April 4

Mar 25 2008 // Insurance Journal is on the search for the nation’s leading privately-held property casualty independent agencies and brokerages for its annual Top 100 Property/Casualty Independent Insurance Agencies report.Now,...

Market Share Report: Top 25 Property/Casualty Insurers

Mar 24 2008 // The National Association of Insurance Commissioners released an updated version of the 2007 market share premium data for the top 25 insurers of select property/casualty lines of business.The report includes countrywide...

People

Mar 24 2008 // McQueary Henry Bowles Troy hired Jimmy Balagia as senior vice president in the firm’s property and casualty group in Austin.Balagia has 30 years of experience as a property and casualty broker/consultant and...

Regulators Release Report on Top 25 P/C Insurers’ Market Share

Mar 11 2008 // The National Association of Insurance Commissioners released the 2007 market share premium data for the top 25 insurers of select property/casualty lines of business. This data helps to provide an indicator of the degree...

Mar 10 2008 // PeopleKen Ross has been named commissioner of the Michigan Office of Financial and Insurance Services. Ross has been the acting commissioner since Linda Watters left the post in October. He has been with the state agency...

People

Mar 10 2008 // Willis Group Holdings, the global insurance broker, reports it has extended the employment agreement with Joseph J. Plumeri, its chairman and chief executive officer.The agreement, which was originally scheduled to expire...

Who’s Worth What?

Mar 10 2008 // Fewer independent agencies gave salary increases to managers, sales producers and support personnel in 2007 compared to 2006, while half of all agencies reported that salaries stayed the same in 2007 compared to 2006. Of...