All the headlines from our Property Casualty Topic Page, ordered by recency.
Sep 19 2005 // Although the insurance industry – and the rest of us – are waiting for the other shoe to drop in the wake of Hurricane Katrina’s estimated $20 billion to $35 billion in insured losses, business in the...
Sep 19 2005 // Although the insurance industry – and the rest of us – are waiting for the other shoe to drop in the wake of Hurricane Katrina’s estimated $20 billion to $35 billion in insured losses, business in the...
Sep 19 2005 // Saylor & Hill has announced that three senior associates of the firm have been promoted to principal. Tim Sweeney, Kevin Mirsky and Chris Williams, each of whom has worked for the firm for more than a decade, will...
Sep 14 2005 // Profitability among New Zealand’s nonlife (P/C) insurers is expected to remain sound for the remainder of 2005 and into 2006, according to Standard & Poor’s latest report card on the sector.“These...
Sep 13 2005 // Fitch Ratings has placed the ratings of five North American property/casualty insurance and reinsurance organizations on Rating Watch Negative Tuesday based on potential large loss exposures to Hurricane Katrina.The...
Sep 12 2005 // “The one-two punch of insurance payouts and share price losses following a major earthquake in Tokyo would not immediately jeopardize insurance companies’ ability to pay claims, but could have a negative impact...
Sep 9 2005 // Beecher Carlson has announced it has acquired Lane & Assoc. Inc. a commercial property and casualty insurance agency in Atlanta. According to Tom Golub, Beecher Carlson president and CEO, the acquisition complements...
Sep 8 2005 // Standard & Poor’s Ratings Services has issued a new report on how European insurers are doing in the U.S. market. The article entitled “Some European Insurers Maintain U.S. Property/Casualty Operations...
Sep 6 2005 // Standard & Poor’s Ratings Services has issued a statement indicating that “credit quality among the nonlife insurance players in Australia should remain strong over the next couple of years, supported by...
Sep 6 2005 // EMC Insurance Group Inc., Des Moines, Iowa, expects losses associated with Hurricane Katrina to range from $0.28 to $0.32 per share. Losses in the property and casualty insurance segment are expected to range from $3.4...
Sep 5 2005 // At press time, forecasters were predicting insured losses from Hurricane Katrina–which made landfall 45 miles west of Biloxi, Miss., and 35 miles east of New Orleans on Aug. 29–would be in the $10 billion to...
Sep 5 2005 // AVRECO, a wholesale insurance brokerage based in Chicago, has announced the appointment of Marcia Gloppe as an underwriter in the professional liability underwriting department, headed by Linda Deiss.Gloppe began her...
Sep 5 2005 // Ronald L. Alexander has been named president and managing partner of Willis Group Holdings Ltd.’s Tennessee operations in Knoxville, Tenn. Alexander was formerly executive vice president and chief operating officer...
Sep 5 2005 // At press time, forecasters were predicting insured losses from Hurricane Katrina-which made landfall 45 miles west of Biloxi, Miss., and 35 miles east of New Orleans on Aug. 29-would be in the $10 billion to $30 billion...
Sep 5 2005 // Believe it or not, every four-year graduate doesn’t want to jump from academics into insurance sales. Usually the student has to be sold on our industry.Is it wiser to grow by hiring a veteran agent or is it better...
Sep 5 2005 // The Independent Insurance Agents and Brokers of America will convene in New York City this month for their annual national convention, Sept. 10-12. Just as agents and brokers prepare to discuss the challenges of mergers...
Sep 5 2005 // Bermuda-based PartnerRe Ltd. announced that Emmanuel Clarke has been appointed Head of the P/C business unit for its Global (non-U.S.) operations, effective January 1, 2006. He succeeds Jean-Marie Nessi, who joined...
Sep 5 2005 // Is it wiser to grow by hiring a veteran agent or is it better to hire someone without any insurance sales experience? Agency executives constantly debate this important issue. Big dollars are at risk. So which opinion is...
Sep 5 2005 // The Independent Insurance Agents and Brokers of America will convene in New York City this month for their annual national convention, Sept. 10-12. Just as agents and brokers prepare to discuss the challenges of mergers...
Sep 2 2005 // The National Association of Insurance Commissioners (NAIC) says that while the damages from Hurricane Katrina may set record losses, the property and casualty industry maintains the adequate capital and liquidity required...