All the headlines from our Property Casualty Topic Page, ordered by recency.
Dec 7 2004 //
Dec 6 2004 // Placing Industry Loss and Loss Adjustment Expense Reserving into PerspectiveIn an April 2004 edition of Insurance Journal, Mark Wells, publisher, utilized the ‘On the Street’ column to frame the issues related...
Dec 6 2004 // The capital surplus for U.S. property casualty insurers increased by 21.8 percent in 2003, fueled by “vastly improved operating earnings” and a big boost in unrealized capital gains, according to A. M. Best...
Dec 6 2004 // According to MarketScout, the November composite rate increase for property and casualty insurance remained at 2%.Richard Kerr, chairman and CEO of MarketScout (www.marketscout.com) commented, “We expect the market...
Dec 6 2004 // A special report released by A.M. Best Co. cites “vastly improved operating earnings” recorded in 2003 and a considerable boost from unrealized capital gains, as fueling a 21.8 percent increase in the U.S....
Dec 6 2004 // Through the State Modernization And Regulatory Transparency Act (SMART Act), Congressmen Michael Oxley (R-Ohio), and Richard Baker (R-La.), have made a creative initial proposal to re-energize state insurance regulation...
Dec 2 2004 // The New York Insurance Association (NYIA) cautioned state lawmakers in Albany against “a knee-jerk public policy reaction” to allegations of improper business practices by brokers, agents and insurers that...
Dec 1 2004 // Standard & Poor’s Ratings Services has revised its outlook on Illinois-based Horace Mann Educators Corp. and its subsidiaries to stable from negative.Standard & Poor’s also affirmed its...
Nov 30 2004 // Standard & Poor’s Ratings Services has issued a report noting that Japanese non-life insurance companies recently released results of for the first half of fiscal 2004, which indicate that underwriting...
Nov 26 2004 // A report from the Financial Times indicates that France’s Axa Group is in serious discussions with Credit Suisse to acquire Winterthur, the banking group’s insurance division.Credit Suisse had dropped hints...
Nov 24 2004 // Swiss Re hosted its annual Investors’ Day at its Rüschlikon Conference Center near Zurich, yesterday, Nov. 23. The presentation offered additional insights into the Group’s risk management framework and a...
Nov 24 2004 // The Georgia Department of Insurance approved this week the proposed merger of Cotton States Life Insurance Company with a subsidiary of COUNTRY Life Insurance Company, and the affiliation of Cotton States Mutual Insurance...
Nov 22 2004 // To assist P/C insurers on improving speed-to-market, the Property Casualty Insurers Association of America (PCI), the National Association of Insurance Commissioners (NAIC) and InSystems are sponsoring a free seminar for...
Nov 22 2004 // Nuts & Bolts: Rockwood Programs expanded its existing property and casualty agents errors and omissions program. Coverage is now available in all 50 states and the District of Columbia. The core program, called the...
Nov 22 2004 // Through the State Modernization And Regulatory Transparency Act (SMART Act), Congressmen Michael Oxley, R-Ohio, and Richard Baker, R-La., have made a creative initial proposal to re-energize state insurance regulation...
Nov 22 2004 // Fitch Ratings affirmed the “AA-” insurer financial strength rating on the Safeco property and casualty group. In addition, Fitch affirmed “A-” long-term and senior debt ratings on Safeco Corp. and...
Nov 22 2004 // A.M. Best Co. placed the financial strength rating “A-” (excellent) of Omaha Property and Casualty Insurance Co. (OPAC) under review with developing implications. The under review status reflects the...
Nov 22 2004 // Perhaps like you, I have been fascinated by the press coverage our industry has received lately–probably more individual stories in prominent newspapers than at any other point in the last 25 years, all thanks to the...
Nov 22 2004 // Perhaps like you, I have been fascinated by the press coverage our industry has received lately–probably more individual stories in prominent newspapers than at any other point in the last 25 years, all thanks to the...
Nov 19 2004 // A special report released by A.M. Best Co. cites “vastly improved operating earnings” recorded in 2003 and a considerable boost from unrealized capital gains, as fueling a 21.8 percent increase in the U.S....