All the headlines from our Property Casualty Topic Page, ordered by recency.
Jun 12 2007 // A.M. Best Co. has affirmed the financial strength ratings (FSR) of “A++” (Superior) and assigned issuer credit ratings (ICR) of “aa+” to State Farm Group and its P/C members and life affiliates....
Jun 7 2007 // Trident IV L.P., a private equity fund managed by Stone Point Capital, announced that it, along with John G. Hahn and Dan R. Francis, have committed to invest up to $100 million to form Edgewood Partners Insurance Center,...
Jun 5 2007 // Eight new insurers entered the property and casualty insurance marketplace in Florida since January 1, 2007 according to the Florida Office of Insurance RegulationThe insurers represent a variety of insurance entities...
Jun 4 2007 // The statutory surplus for property and casualty insurers is at a record $488 billion, according to the CEO of one Dallas-based regional carrier, and they are going to be looking for somewhere to put that cash to work....
Jun 4 2007 // About the Personal Lines Leaders: The Personal 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 the...
Jun 4 2007 // The statutory surplus for property and casualty insurers is at a record $488 billion, according to the CEO of one Dallas-based regional insurer, and they are going to be looking for somewhere to put that cash to work....
Jun 4 2007 // National Insurance Partners Inc. (NIP), a Texas-based risk management and financial solutions firm, has appointed William E. Harrison, Jr. as president.Harrison brings 16 years of experience in the insurance industry to...
May 30 2007 // Spurrred by advice from their agent or broker, commercial insurance buyers show increasing interest in buying more than one line of coverage from a carrier, according to a new survey commissioned by Wis.-based Wausau...
May 30 2007 // Hunting and fishing trips taken by state officials and paid for by the state-run insurer of last resort, may have broken the law, according to a legislative audit report made public May 28.The audit found that Louisiana...
May 30 2007 // Standard & Poor’s Ratings Services latest report on the Japanese non-life industry concludes that, despite large payouts the sector remains relatively stable.However, 2006 was not a particularly good year....
May 29 2007 // Dublin-based Research and Markets has added “Snapshots Hong Kong Non-Life Insurance 2007” to their offering. The new summary report “provides 2005 year-end market size data, with 2006 estimates, 4 years...
May 24 2007 // Standard & Poor’s Ratings Services has assigned its “A-” rating to Travelers Companies Inc.’s $1.5 billion senior notes, which mature in 2012, 2017, and 2037. The company intends to use the...
May 23 2007 // The Hartford Financial Services Group, Inc. has appointed Dan Brown to executive vice president of sales and distribution for The Hartford’s property and casualty insurance operations. In this position, Brown will be...
May 22 2007 // Germany’s Allianz further expanded its presence in the Russian insurance market with the announcement that it has “finalized the acquisition of the P/C insurer Progress-Garant.”Allianz purchased all of...
May 21 2007 // The late Speaker of the House of Representatives “Tip” O’Neill once said, “All politics is local.” To paraphrase, all insurance is local. This is why a large number of state specialists thrive...
May 21 2007 // 1 Brickstreet Mutual Insurance Co. WV 765,9632 Texas Mutual Insurance Co. TX 743,095 3 Old American Cty Mutual Fire Insurance Co. TX 491,6414 SAIF Corp. OR 449,7945 Universal Property & Casualty...
May 21 2007 // Liberty Northwest, a member of Liberty Mutual Group based in Portland, Ore., appointed Larry W. Becker president and chief operating officer. Becker most recently was executive vice president, sales and marketing for...
May 21 2007 // McQueary Henry Bowles Troy named Senior Vice President Brad Van Stavern to lead the new property/casualty practice in its Austin office.Van Stavern brings experience in the health care industry, where he held positions...
May 17 2007 // Bermuda? Business only. Going to hit about a dozen companies in two days with one of my favorite P&C analysts, Harry Fong of Calyon. I hope there are a decent number of insurance only buy-side analysts along for the...
May 15 2007 // Dublin-based Research and Markets has added “Snapshots Italy Non-Life Insurance 2007” to their offering. The new report analyzes 2005 year-end market size data, with 2006 estimates, 4 years of historical data...