All the headlines from our Property Casualty Topic Page, ordered by recency.
Dec 7 2006 // The National Association of Mutual Insurance Companies (NAMIC) announced today that it has named Nancy Grover as its new media relations director.Grover, who will be based in NAMIC’s Washington, D.C. office, will...
Nov 30 2006 // McQueary Henry Bowles Troy L.L.P. announced that Jim Moss has joined its Dallas office as vice president in the property and casualty production group. Moss is a veteran in the insurance industry, bringing 40 years of...
Nov 29 2006 // UnionBanc Insurance Services Inc., Fullerton, Calif., is expanding its focus to the Pacific Rim with the addition of Ted Ikuta, who joins the company’s Fullerton office as senior vice president. Ikuta has more than...
Nov 27 2006 // Oswald Companies, an insurance brokerage firm, announced the opening of a Minneapolis office. The focus of the new office is business insurance solutions in property & casualty and benefits for manufacturing, retail,...
Nov 22 2006 // Dallas-based insurance and risk management firm McQueary Henry Bowles Troy L.L.P. (MHBT) announced that Rick Jarrell has joined the Dallas office of MHBT as senior vice president in the property and casualty group. His...
Nov 20 2006 // The Property and Casualty Reform Committee formed by Florida Gov. Jeb Bush in June has come up with recommendations for solving the insurance crisis in the state and Bush is weighing whether he should call a special...
Nov 20 2006 // Hurricane Catastrophe Fund Keep the current retention level but consider offering coverage below the retention level/attachment point (first layer of coverage) on a voluntary basis to all admitted companies participating...
Nov 20 2006 // Good people can make or break a company. In San Diego-based Barney & Barney’s case, it’s clearly made it; the company has been in business for nearly a century, thanks to people who have invested their...
Nov 20 2006 // The insurance industry’s excess and surplus lines (E&S) sector has experienced a pronounced reversal of position in the last 20 years. Once considered a mere adjunct, a safety valve for risks that were too hard...
Nov 19 2006 // Hurricane Catastrophe Fund1. Keep the current retention level but consider offering coverage below the retention level/attachment point (first layer of coverage) on a voluntary basis to all admitted companies participating...
Nov 19 2006 // Good people can make or break a company. In San Diego-based Barney & Barney’s case, it’s clearly made it; the company has been in business for nearly a century, thanks to people who have invested their...
Nov 19 2006 // The insurance industry’s excess and surplus lines (E&S) sector has experienced a pronounced reversal of position in the last 20 years. Once considered a mere adjunct, a safety valve for risks that were too hard...
Nov 15 2006 // Germany’s Hannover Re joined the expanding list of large reinsurers who are having a pretty good year due to the decline in natural catastrophes. The Group earned €380 million ($486 million) in the first six months...
Nov 14 2006 // Bermuda-based Max Re Capital Ltd. reported net income for the three months ended September 30, 2006 of $26.5 million, or $0.42 per diluted share, compared to a net loss of $44.2 million, or $0.96 per diluted share, for the...
Nov 10 2006 // Santa Ana, Calif.-based First American Property & Casualty Insurance Co. a member of The First American Corp. family of companies, announced that Jim Court, vice president and chief information officer of First...
Nov 6 2006 // There is continuing evidence that the skyrocketing insurance rates of 2000 to 2003 have led to record industry profits, but commercial insurance rates have stabilized or dropped in almost every sector, including medical...
Nov 5 2006 // There is continuing evidence that the skyrocketing insurance rates of 2000 to 2003 have led to record industry profits, but commercial insurance rates have stabilized or dropped in almost every sector, including medical...
Nov 2 2006 // France’ SCOR group announced that it has received the approval of the China Insurance Regulatory Commission (CIRC) for a reinsurance license in China “that will enable it to open a branch in Beijing with a view...
Oct 30 2006 // The Hartford Financial Services Group, Inc. reported record third quarter 2006 net income of $758 million, or $2.39 per diluted share — a sizable 41 percent boost over the same quarter last year.The Hartford’s core...
Oct 26 2006 // The latest insurance industry data show continuing evidence that the skyrocketing insurance rates of 2000 to 2003 have led to record industry profits but commercial insurance rates have stabilized or dropped in almost...