All the headlines from our Property Casualty Topic Page, ordered by recency.
Sep 4 2006 // Indiana Insurance Director Jim Atterholt is focused on bringing more insurance companies to his state. Atterholt said the current Indiana governor has a strong pro-business philosophy and has made “growing insurance...
Sep 4 2006 // The American Institute for Chartered Property and Casualty Underwriters (AICPCU), the American College and the Society of Financial Service Professionals founded Ethics Awareness Month in 1990. While it is impossible for...
Sep 4 2006 // PeopleOgilvy-Hill Insurance elected Mark Shipp president and CEO. Shipp has been with Ogilvy Hill for 11 years. In addition to his new role as president/CEO he will continue to build new relationships in the field. The...
Sep 4 2006 // The American Institute for Chartered Property and Casualty Underwriters (AICPCU), the American College and the Society of Financial Service Professionals founded Ethics Awareness Month in 1990. While it is impossible for...
Aug 29 2006 // San Antonio, Texas-based Southwest Business Corporation (SWBC) announced that Nick Grant has joined SWBC as the chief executive officer of the Property and Casualty Division in their San Antonio office.As CEO of the...
Aug 23 2006 // The board of directors of The Commerce Group, Inc. has created two new positions to lead the company’s property and casualty insurance operations within and beyond Massachusetts.“As Commerce continues to grow...
Aug 17 2006 // A.M. Best Co. has affirmed the financial strength ratings (FSR) of “A++” (Superior) and the issuer credit ratings (ICR) of “aa+” for the Delaware-based General Re Group. Best said the ratings apply...
Aug 8 2006 // “Our result as at 30 June is a good basis for achieving our 2006 profit target, namely a return on equity of at least 15 percent,” stated Hannover Re’s CEO William Zeller, as he presented the German...
Aug 7 2006 // James Langford, an assistant vice president at the Texas Farm Bureau Insurance Companies, received the Raymond Mauk Leadership Award July 13, at the 14th Annual Mid-Year Property and Casualty Symposium. Langford becomes...
Aug 7 2006 // For the insurance industry, global controversies tend to obscure some equally important debates going on in smaller forums around the globe. The principal controversy in the U.S. revolves around state vs. federal...
Aug 7 2006 // James Langford, an assistant vice president at the Texas Farm Bureau Insurance Companies, received the Raymond Mauk Leadership Award July 13, at the 14th Annual Mid-Year Property and Casualty Symposium. Langford becomes...
Aug 7 2006 // For the insurance industry, global controversies tend to obscure some equally important debates going on in smaller forums around the globe. The principal controversy in the U.S. revolves around state vs. federal...
Aug 4 2006 // Swiss Re reported a successful first half of 2006 with net income of CHF 1.566 billion ($1.27 billion), a 16 percent increase compared to a strong first half of 2005. Annualized return on equity was 13.9 percent and...
Aug 2 2006 // Seattle-based Safeco has reported second-quarter net income of $199.7 million, reflecting consistent, profitable underwriting performance across all major lines of business. According to the company, it initiated expense...
Aug 2 2006 // The U.S. property/casualty industry’s underwriting income improved 21.0 percent to $8.3 billion in first quarter 2006 from $6.8 billion in first quarter 2005, according to a new special report by A.M. Best Co....
Jul 26 2006 // Infinity Property and Casualty Corp. of Birmingham, Ala. has declared a quarterly dividend of $0.075 per share of Infinity Property and Casualty Common Stock. The dividend is payable on Aug. 21, 2006 to holders of record...
Jul 26 2006 // The Chubb Corporation reported that net income in the second quarter of 2006 was $598 million, or $1.41 per share, compared to $495 million, or $1.23 per share, in the second quarter of 2005.Operating income, which the...
Jul 26 2006 // ACE Limited has reported net income for the second quarter ended June 30, 2006 of $573 million or $1.72 per common share after payment of preferred dividends, compared with net income of $467 million or $1.58 per share for...
Jul 24 2006 // Just over a month after asking insurers in his state to voluntarily do so, Louisiana Commis-sioner of Insurance Jim Donleon issued Directive 199 mandating that all companies insuring property in Louisiana extend the period...
Jul 24 2006 // The U.S. property/casualty industry’s net gain on underwriting rose $1.4 billion, or 20.8 percent, to $8.4 billion in first-quarter 2006 from $6.9 billion in first-quarter 2005. The combined ratio–a key measure...