All the headlines from our Property Casualty Topic Page, ordered by recency.
Aug 16 2007 // A new report from Standard & Poor’s Ratings Services notes that “from October 2006 to August 2007, the Australian non-life [P/C] insurance industry underwent a deluge of activity that is changing the...
Aug 16 2007 // A new report from Standard & Poor’s Ratings Services notes that the New Zealand non-life (P/C) insurance industry is still on a downward pricing cycle that has yet to correct.The report entitled, “Pursuit...
Aug 10 2007 // A.M. Best Co. has placed the financial strength ratings (FSR) of “A-” (Excellent) and issuer credit ratings (ICR) “a-” of New York-based National Financial Group and its members, as well as its...
Aug 9 2007 // The Commerce Group, Inc., a property/casualty insurer based in Webster, Mass., and Commerce Banc Insurance Services of Cherry Hill, New Jersey, report they have reached an agreement to explore partnership opportunities in...
Aug 6 2007 // The Hartford Financial Services Group Inc. announced it has reached a settlement with the New York, Connecticut and Illinois attorneys general resolving matters relating to their investigations of the compensation...
Aug 6 2007 // Commercial insurance premiums continued to decline during the second quarter of 2007, according to the RIMS Benchmark Survey, a survey of current policy renewal prices as reported by corporate risk managers.RIMS Benchmark...
Aug 6 2007 // If ever there was a time for insurance agents to get out and go looking for a better errors and omissions policy, this is the season.Agents who do will come across several admitted carriers that are welcoming new business...
Aug 6 2007 // About the Commercial Lines Leaders:The Commercial Lines Leaders in this special feature are taken from Insurance Journal’s Top 100 Property Casualty Independent Agencies as reported in April. This list utilizes only...
Aug 6 2007 // If ever there was a time for insurance agents to get out and go looking for a better errors and omissions policy, this is the season.Agents who do will come across several admitted carriers that are welcoming new business...
Aug 6 2007 // The Hartford Financial Services Group Inc. announced it has reached a settlement with the New York, Connecticut and Illinois attorneys general resolving matters relating to their investigations of the compensation...
Jul 31 2007 // Enforcement actions taken by Texas Insurance Commissioner Mike Geeslin that became final during June resulted in nearly $191,000 in fines and restitution, the Texas Department of Insurance announced.The actions include...
Jul 30 2007 // Dr. Steven N. Weisbart, vice president and economist for the Insurance Information Institute, has been named chief economist of the organization, announced Dr. Robert P. Hartwig, president of the III.Weisbart will oversee...
Jul 23 2007 // The blueprint for the company was originally conceived by an ad hoc task force of senior executive officers from several mutual property/casualty insurance companies in response to the liability insurance crisis of the...
Jul 23 2007 // Bickmore Risk Services, a Sacramento, Calif.-based independent risk management consulting firm, has appointed Michael S. Harrington to director, Property and Casualty Actuarial Services. Harrington will coordinate the...
Jul 23 2007 // U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $2.175 billion for second-quarter property losses resulting from a total of six catastrophes in 25 states — tying the record...
Jul 23 2007 // The Hartford Financial Services Group Inc. has named Thomas M. Marra to the newly created position of president and chief operating officer. Marra, currently a member of the company’s board of directors and president...
Jul 23 2007 // The U.S. property/casualty insurance industry’s net income after taxes dipped to $15.8 billion in first-quarter 2007 from $16.7 billion in first-quarter 2006 and $17.7 billion in first-quarter 2005, according to...
Jul 23 2007 // Indiana insurer for mutual insurers, agents celebrates 20 yearsThe blueprint for the company was originally conceived by an ad hoc task force of senior executive officers from several mutual property/casualty insurance...
Jul 23 2007 // The Hartford Financial Services Group Inc. has named Thomas M. Marra to the newly created position of president and chief operating officer. Marra, currently a member of the company’s board of directors and president...
Jul 23 2007 // $2.175 BillionU.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $2.175 billion for second-quarter property losses resulting from six catastrophes in 25 states — tying the...