All the headlines from our Property Casualty Topic Page, ordered by recency.
Apr 25 2007 // Insurance broker and rsk management firm Hilb Rogal & Hobbs Co. reported 2007 first quarter total revenues were $198.2 million, compared with $183.8 million in the 2006 first quarter. Commissions and fees were $192.2...
Apr 25 2007 // Severe tornadoes in several southern states helped push catastrophe losses to more than $1.2 billion during the first quarter of 2007, according to the industry’s Property Claim Services (PCS), a unit of Insurance...
Apr 24 2007 // Insurance and risk management firm McQueary Henry Bowles Troy L.L.P (MHBT) announced that it recently expanded its Austin, Texas, operations to include a property/casualty practice. The new group is led by newly appointed...
Apr 23 2007 // Insurers fight impression their big profits are at claimants’ expenseThe headline numbers were eye-popping: Allstate reported a record $5 billion profit for 2006. State Farm Insurance’s profit climbed 65...
Apr 23 2007 // 12-months ending Dec. 31, 2006 versus Dec. 31, 2005 (000 Omitted)DPW $ Change DWP DWP DWP $ DWP %Rank Company Name 12/31/2006 12/31/2005 Change Change1 Lexington Insurance Co. 6,273,352 5,020,961 1,252,391 24.94%2 American...
Apr 19 2007 // McQueary Henry Bowles Troy L.L.P. (MHBT) announced that David Henson has joined its Dallas office as vice president in the property and casualty group.Having spent 20 years in the insurance business, Henson brings a deep...
Apr 18 2007 // Another report on the insurance industry confirms and details what has been widely acknowledged: a sharp decline in catastrophes in 2006 contributed to improved underwriting results for the year.The U.S. property/casualty...
Apr 17 2007 // Craig Miner has joined the Property Casualty Team of Winn & Co. based in Hollister, California. His primary focus will be in sales and client retention. Prior to joining Winn, Miner worked at a regional brokerage firm...
Apr 12 2007 // Arkansas Insurance Commissioner Julie Benafield Bowman testified before the United States Senate Committee on Commerce, Science and Transportation on April 11 on the overall state of the property/casualty insurance market...
Apr 9 2007 // Contrary to popular opinion and despite well-publicized security breaches at governmental entities and major corporations, the primary methods of confiscating information necessary to commit identity theft are...
Apr 9 2007 // The headline numbers were eye-popping: Allstate reported a record $5 billion profit for 2006. State Farm Insurance’s profit climbed 65 percent. St. Paul Travelers’ earnings rose sixfold in the fourth quarter,...
Apr 9 2007 // Contrary to popular opinion and despite well-publicized security breaches at governmental entities and major corporations, the primary methods of confiscating information necessary to commit identity theft are...
Apr 9 2007 // Seventeen U.S. insurance companies became financially impaired in 2006, despite a respite for property/casualty insurers from two consecutive turbulent hurricane seasons and more diversified asset portfolios among...
Mar 28 2007 // The headline numbers were eye-popping: Allstate reported a record $5 billion profit for 2006. State Farm Insurance’s profit climbed 65 percent for the year. St. Paul Travelers’ earnings rose sixfold in the...
Mar 27 2007 // Seventeen U.S. insurance companies became financially impaired in 2006, despite a respite for property/casualty insurers from two consecutive turbulent hurricane seasons and more diversified asset portfolios among...
Mar 26 2007 // Louisiana Workers’ Compensation Corporation (LWCC) hired William B. Bangs IV as vice president of agency relations. In this position, Bangs will plan, direct and coordinate agency relations with insurance agents...
Mar 26 2007 // Pricing remains rational for now despite increasing competitionA.M. Best Co. has completed its assessment of the U.S. commercial market and revised the outlook to stable from negative for 2007. Although Best says there...
Mar 26 2007 // News CurrentsA.M. Best Co. has completed its assessment of the U.S. commercial market and revised the outlook to stable from negative for 2007. Although Best says there continues to be evidence of pricing deterioration,...
Mar 19 2007 // France’s Axa Group announced that it has reached an agreement with Kyobo Life to acquire its 75 percent stake in Kyobo Auto, a major South Korean direct automobile insurer.The announcement did not state the purchase...
Mar 14 2007 // Insurance Journal’s search for the nation’s top independent insurance agencies and brokerages is winding down with just a couple of days left for qualified firms to send in their entry forms.The exteneded...