All the headlines from our Property Casualty Topic Page, ordered by recency.
May 22 2006 // Today, it’s not a fun time to be an insurance investor or analyst,” said Ray Joseph, vice president of Los Angeles-based Capital Research Co. Joseph should know; he is an investment analyst with research...
May 22 2006 // Insurance buyers are taking a close look at their insurance and risk management programs, looking for possible financial recourse in the event of an outbreak. It is therefore worthwhile to examine each line of coverage in...
May 22 2006 // Strong capitalization, sound risk management and efficient global risk sharing enabled the U.S. property/casualty insurance industry to withstand record-setting catastrophe losses in 2005, according to Frank J. Coyne,...
May 22 2006 // First quarter financial results upbeat, but some note disaster falloutThe financial results are in. Insurers generally had positive first quarters, although some were hurt by higher health care costs and continued fallout...
May 19 2006 // USAA significantly outperformed its rivals in the property and casualty insurance category, according to a new Luxury Customer Experience Index survey (LCEI) from the New York-based Luxury Institute, an independent...
May 17 2006 // Boston-based AIR Worldwide Corporation announced that China’s PICC Property and Casualty Company Limited has licensed CLASIC/2™ and CATRADER®, AIR’s catastrophe risk management systems, to manage the...
May 16 2006 // The National Conference of Insurance Guaranty Funds (NCIGF) has selected a property/casualty trade association executive to serve as its next chief executive.Roger H. Schmelzer will begin his duties with the...
May 15 2006 // Germany’s Allianz Group added its numbers to the growing list of companies recording strong first quarter results. The German giant posted €1.779 billion ($2.28 billion) net income for the period, a 34 percent...
May 15 2006 // Insurance Journal released its third annual Top 100 Property Casualty Independent Agencies list late last month and one of the nation’s largest networks of retail agencies came in as number one.Leading the pack of...
May 9 2006 // Strong capitalization, sound risk management and efficient global risk sharing enabled the U.S. property/casualty insurance industry to withstand record-setting catastrophe losses in 2005, but the industry also should keep...
May 8 2006 // U.S. property/casualty insurers managed to increase earnings and add to their capital base in 2005 despite record catastrophe losses, according to Insurance Services Office (ISO) and the Property Casualty Insurers...
May 8 2006 // Carol Sipe has been named vice president and general manager of operations; Francis “Fran” Graham has been named Southeast director of sales; and Chris Neyrey has been named Southwest director of sales and...
May 8 2006 // Frank Vaccaro was named vice president of Information Services for Dallas-based Republic Companies Group Inc. He will report to Parker Rush, Republic’s president and CEO.Vaccaro most recently was assistant vice...
May 5 2006 // Swett & Crawford has announced new additions to their staff in offices nationwide.Margaret Jacobs moves to the Swett & Crawford Chicago office as director, Healthcare Practice Group, from Aon Risk Services where...
May 5 2006 // Standard & Poor’s Ratings Services announced that “Rethinking Risk” will be the theme of its 22nd annual insurance conference scheduled for June 5-6 in New York City.S&P said: “CEOs from...
May 5 2006 // Eugene-Oregon-based Cramer & Giles Insurance Inc. has been acquired by Beecher Carlson, an insurance brokerage and risk management consulting firm headquartered in Atlanta. Cramer & Giles has been merged with...
May 3 2006 // The Florida Office of Insurance Regulation has scheduled rate hearings in May for three carriers, Hartford Insurance Co. of the Midwest, Florida Peninsula Insurance Company, and United Property and Casualty.Hartford...
May 3 2006 // Standard & Poor’s Ratings Services announced several rating actions concerning French reinsurer SCOR. S&P said it has assigned an indicative “A-” long-term insurer financial strength rating to...
Apr 26 2006 // ACE Limited reported record net income for the first quarter ended March 31, 2006 of $489 million or $1.46 per common share after payment of preferred dividends, compared with net income of $437 million or $1.48 per share...
Apr 24 2006 // Strong Financials, Operating Performance gets thumbs up from Standard & PoorDALLAS, TEXAS – Standard and Poor’s Ratings Services affirmed its “A” financial strength ratings on Unitrin’s...