All the headlines from our Property Casualty Topic Page, ordered by recency.
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...
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,...
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...
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...
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...
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...
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...
Mar 7 2008 // Standard & Poor’s Ratings Services announced that it has lowered its counterparty credit rating on Alleghany Corp. by one notch to ‘BBB’ from ‘BBB+’ and assigned a stable...
Feb 24 2008 // PeopleManaging general agency and surplus lines wholesaler U.S. Risk Insurance Group Inc. named Terri Haselden vice president and manager of the Dallas Commercial Underwriting Department. Haselden, an experienced...
Feb 24 2008 // For years, property casualty (P/C) agencies have been making the jump into offering personal insurance — life, long-term care and disability — as an adjunct to their traditional products. Brokers have realized that the...
Feb 19 2008 // A.M. Best Co. and Standard & Poor’s Ratings Services have taken slightly different views of France’s AXA Group’s agreement to purchase 100 percent of the share capital of the ING Group’s...
Feb 14 2008 // The Bermuda-based Max Capital Group Ltd. reported net income for the three months ended December 31, 2007, of $62.4 million, or $1.00 per fully diluted share, versus net income of $95.4 million, or $1.50 per fully diluted...
Feb 10 2008 // The last few years have been good ones for the property casualty insurance industry in terms of profitability. But it’s been a long time coming, according to Robert Hartwig, president of the Insurance Information...
Feb 10 2008 // Louisiana Workers’ Compensation Corporation hired Michael Page as director of safety and loss prevention.Page previously was director of loss prevention services for Workforce Safety and Insurance in North Dakota and...
Feb 10 2008 // Although it’s been many years since See’s Candies President Brad Kinstler was at the helm of an insurance company, and even longer since he was involved in underwriting and claims handling, he still embodies...
Feb 6 2008 // France’s SCOR Group has received final approval to start operating a Property and Casualty branch in Beijing from the China Insurance Regulatory Commission (CIRC). The endorsement of SCOR’s request to set up a...
Feb 6 2008 // ACE Limited’s earnings report showed a 14 percent drop in fourth quarter net earnings to $572 million, down from $665 million in the same period of 2006. The Company posted Q4 investment losses of $134 million....
Feb 5 2008 // The last few years have been good ones for the property casualty insurance industry in terms of profitability. But it’s been a long time coming, according to Robert Hartwig, president of the Insurance Information...
Feb 1 2008 // CNinsure Inc., a leading independent insurance agency and brokerage company operating in China, is acquiring majority interests in Changsha Lianyi Insurance Agency Co., Ltd. (Lianyi) and Jiangmen Fanhua Zhicheng Insurance...