All the headlines from our Property Casualty Topic Page, ordered by recency.
Dec 18 2007 // Standard & Poor’s Ratings Services will hold a telephone conference call on Wednesday, Dec. 19, 2007 at 11:00 A.M. Eastern Time (5:00 P.M. -Europe; 4:00 P.M. UK). The conference will feature an overview of...
Dec 17 2007 // Rockwood Programs Inc. has expanded its life, accident and health insurance agent’s E&O product offering to include two new endorsements. One enhancement expands coverage to include incidental property and...
Dec 17 2007 // Mo.-based Lockton recently announced that it has expanded its St. Louis brokerage team with the addition of Linda Liston as vice president-Account Executive, and Debra Bunce and Diane Fischer as account executives, and...
Dec 17 2007 // Next year may just go down on record as one of the best insurance industry underwriting performances in the past 80 years, according to an industry survey of Wall Street stock analysts and industry professionals.Analysts...
Dec 12 2007 // Bridge Insurance Partners, a new national commercial property casualty agency has opened its first operating office in Dallas.Industry veteran and Managing Principal Jeff Turner spear-headed the campaign to open shop in...
Dec 10 2007 // Unitrin, Inc. reports it has worked out an agreement to sell its Unitrin Business Insurance unit to AmTrust Financial Services, Inc. in a cash transaction. Terms were not disclosed.Unitrin had previously announced in...
Dec 6 2007 // Global reinsurer BMS announced today that it has acquired a P/C brokerage team based in Minneapolis. The nine member team is led by senior brokers Jim Brost and Mike Joyce.“The acquisition of this team boosts our...
Dec 4 2007 // Despite a soft property and casualty (P/C) insurance market, the top 100 banks in insurance made substantial gains in the past year, says a new report distributed by the Bank Insurance & Securities AssociationThe...
Dec 4 2007 // Florida Insurance Commissioner Kevin McCarty promoted Robin Westcott to director of property and casualty financial oversight with the Office of Insurance Regulation effective Nov. 28. Westcott will report to Deputy...
Dec 2 2007 // The market for property and casualty insurance will stay soft in 2008, as premiums are expected to either decline or remain flat, according to actuarial and risk management experts at global consulting firm, Watson Wyatt...
Dec 2 2007 // At the heart of every property and casualty insurance contract lies a promise to soften the blow of misfortune.But what happens when an insurance company becomes financially troubled, fails and is no longer able to uphold...
Nov 21 2007 // A new model law adopted by the National Conference of Insurance Legislators (NCOIL) will create a stronger safety net for property/casualty guaranty funds nationwide.According to legislators, the Post-Assessment Property...
Nov 18 2007 // PeopleLockton Companies LLC appointed Frank Scardino as president of the company’s Dallas property and casualty operation. In his new position, Scardino is responsible for setting the vision and long-term strategies...
Nov 18 2007 // Despite a rosier outlook in the agents’ errors and omissions (E&O) insurance market compared with years past, many insurance agents still faced rate increases in their E&O coverage in 2007 and anticipate...
Nov 18 2007 // Insurance Journal is pleased to launch a new series of profiles of privately-held property/casualty independent insurance agencies that qualify for the annual Insurance Journal Top 100 P/C Agency listing. What better place...
Nov 16 2007 // The market for property and casualty insurance will stay soft in 2008, as premiums are expected to either decline or remain flat, according to actuarial and risk management experts at global consulting firm, Watson Wyatt...
Nov 12 2007 // Cary, N.C.-based Agency Ideas, the publisher of Agency Ideas Newsletter, an independent subscription-only sales and marketing newsletter for property/casualty agents, has introduced ProducerIdeas.com, a membership-only Web...
Nov 7 2007 // The Bermuda-based Max Capital Group Ltd. reported net income for the three months ended September 30, 2007, of $66.8 million, or $1.05 per diluted share, compared to net income of $26.5 million, or $0.42 per diluted share,...
Nov 7 2007 // CNA Financial Corporation has given further details to its recently announced restructuring program for its Property & Casualty Operations. The Chicago-based insurer said it aims to create a “more streamlined,...
Nov 6 2007 // Swiss Re’s third quarter earnings report revealed a five percent drop in net income to CHF 1.469 billion ($1.28 billion) compared to CHF 1.55 billion ($1.35 billion) in the third quarter of 2006. The results actually...