All the headlines from our Property Casualty Topic Page, ordered by recency.
Oct 3 2005 // Westfield Insurance has named Robert Testa executive, personal lines sales. In this capacity, he oversees employees in five states responsible for new personal lines business.Testa began his career at Westfield in 1991 and...
Oct 3 2005 // The circumstances surrounding Hurricane Katrina are unprecedented in many ways, reports Fitch Ratings. So much so that the rating agency may need to reassess the core risk profile of the property/casualty insurance...
Sep 29 2005 // Stewart Title of California (STC) is looking to become a player in the property and casualty insurance industry with the launch of Stewart of California Insurance and Financial Services (SIFS). Recently approved by...
Sep 26 2005 // William Gallagher Associates in Boston has promoted three executives within its property and casualty group. Doug Bixby to has been elevated to senior vice president and Janice Clifford and Kristen Martin to assistant vice...
Sep 22 2005 // Denise T. Flatt has been named vice president of property/casualty claims for Harleysville Insurance. In this position, she is responsible for directing home office technical claims functions, specialty units and...
Sep 21 2005 // Michael P. McNamee has been named vice president of business planning and analysis for Harleysville Insurance. In this position, he is responsible for the development of the company’s annual business plan, financial...
Sep 19 2005 // Circumstances surrounding Hurricane Katrina are unprecedented in many ways, said Fitch Ratings. So much so that the rating agency may need to reassess the core risk profile of the property/casualty insurance industry.Fitch...
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 // 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...