Latest Property Casualty Headlines

All the headlines from our Property Casualty Topic Page, ordered by recency.

A.M. Best: Commercial P/C Outlook Stable Despite Price Competition

Mar 5 2007 // A.M. Best Co. has completed its assessment of the U.S. commercial market and revised the outlook to stable from negative for 2007. Although A.M. Best says there continues to be evidence of pricing deterioration, the level...

Best Comments on Swiss Re Results

Mar 2 2007 // A.M. Best Co. has commented that its ratings for Swiss Re and its rated subsidiaries remain unchanged following the publication of its 2006 consolidated results (See IJ web site March 1).Best noted Swiss Re’s...

A.M. Best Likes What It Sees In P/C Personal Lines Segment

Mar 1 2007 // Rating and industry analysts at A.M. Best are maintaining their stable outlook for the personal lines property/casualty segment in 2007 based on what they see as this sector’s continued favorable risk-adjusted...

A look behind the very good P/C results for 2006

Feb 26 2007 // The numbers, or estimates, for the property casualty insurance industry for 2006 are in. Dr Robert Hartwig, president and chief economist of the Insurance Information Institute, discussed them with Insurance...

A look behind the very good P/C results for 2006

Feb 26 2007 // The numbers, or estimates, for the property casualty insurance industry for 2006 are in, and Dr. Robert Hartwig, president and chief economist of the Insurance Information Institute, discussed them with Insurance...

Identity theft: A ‘catch phrase for the new millennium’

Feb 26 2007 // Contrary to popular opinion and despite well-publicized security breaches at governmental entities and major corporations, the primary methods of confiscating the information necessary to commit identity theft turn out to...

A look behind the very good property/casualty results for 2006

Feb 26 2007 // The numbers, or estimates, for the property/ casualty insurance industry for 2006 are in. Dr. Robert Hartwig, president and chief economist of the Insurance Information Institute, sat down with Insurance Journal’s...

Premium Growth: A measure for a response to changing needs?

Feb 26 2007 // Virtually all industries respect and demand top line growth. Publicly traded companies, competing for capital, are required to demonstrate an ability to facilitate top line growth. In stark contrast to other industries,...

Hospitality industry faces more than just traditional P/C losses

Feb 26 2007 // Business interruption coverage a must in a world awaiting the next illness ‘outbreak’Whether you study the growth curve in the “baby boomer” generation or generation “X” or...

A look behind the very good P/C results for 2006

Feb 25 2007 // News CurrentsThe numbers, or es-timates, for the property casualty insurance industry for 2006 are in, and Dr. Robert Hartwig, president and chief economist of the Insurance Information Institute, discussed them with...

People

Feb 25 2007 // Covington, La.-based First Premium Insurance Group Inc., a regional property and casualty insurance broker, added a new team member, Crystal DePascual.DePascual joined First Premium’s staff as marketing...

Identity theft: A ‘catch phrase for the new millennium’

Feb 25 2007 // Contrary to popular opinion and despite well-publicized security breaches at governmental entities and major corporations, the primary methods of confiscating the information necessary to commit identity theft turn out to...

8 La.’s Blanco: Industry over-reacting to hurricanes

Feb 25 2007 // Governor says state is making headway on storm protection9 Ark. auto insurance fraud suspect turns self in Fraud ring allegedly scammed hundreds of thousands of dollars10 New Orleans couple drops suit against AllstateNo...

A look behind the very good P/C results for 2006

Feb 25 2007 // News CurrentsThe numbers, or es-timates, for the property casualty insurance industry for 2006 are in, and Dr. Robert Hartwig, president and chief economist of the Insurance Information Institute, discussed them with...

A look behind the very good property/casualty results for 2006

Feb 25 2007 // News CurrentsThe numbers, or estimates, for the property/ casualty insurance industry for 2006 are in. Dr. Robert Hartwig, president and chief economist of the Insurance Information Institute, sat down with Insurance...

8 Agents welcome windstorm debate

Feb 25 2007 // Insurers warn against subsidies10 Safeco to cut homeowners, commercial rates 200,000 Calif. customers to benefit, company says10 Ariz. lawmakers move to raise burden of proof on ER suitsIdentical bill vetoed by Gov....

Premium Growth: A measure for a response to changing needs?

Feb 25 2007 // Virtually all industries respect and demand top line growth. Publicly traded companies, competing for capital, are required to demonstrate an ability to facilitate top line growth. In stark contrast to other industries,...

Hospitality industry faces more than just traditional P/C losses

Feb 25 2007 // Whether you study the growth curve in the “baby boomer” generation or generation “X” or “Y,” it is clear that we have a collision course of increased scope of risk, changing...

Top 25 Property/Casualty Companies in Premium Growth

Feb 25 2007 // 12 months ending Sept. 30, 2006, versus Sept. 30, 2005 (000 Omitted)DPW Change DWP DWP DWP $ DWP %Rank Company Name 9/30/2006 9/30/05 Change Change1 Lexington Insurance Co. $4,811,668 $3,836,214 $975,454 25.43%2 American...

R.E. Chaix Adds Two Carriers for P/C Risks

Feb 22 2007 // Irvine, Calif.-based R.E. Chaix & Associates announced it has finished negotiations to add two new carriers for in-house binding for property and casualty risks. Both carriers are non-admitted and both have...