All the headlines from our Property Casualty Topic Page, ordered by recency.
Aug 3 2004 // The CPCU Society has announced that its 60th Annual Meeting and Seminars will take place in Los Angeles, Calif., on Oct. 23-26.The Annual Meeting’s Property and Casualty Insurance Track features 25 seminars about...
Aug 1 2004 // One-fifth of the 251 property/casualty bills enacted in the states so far this year relate to the regulation of automobile insurance, according to an analysis by the National Association of Mutual Insurance Companies...
Jul 29 2004 // Chicago-based CNA Financial Corp. announced second quarter of 2004 results.Net income for the second quarter of 2004 was $289 million as compared with net income of $70 million for the same quarter of 2003. The increase...
Jul 28 2004 // After four years of litigation, and on the eve of trial, four companies in the ACE insurance group have reportedly agreed to pay $14 million to settle a national class action brought by a company in Lancaster County,...
Jul 28 2004 // Allmerica Financial Corporation (NYSE: AFC) in Worcester, Mass, whose companies include Hanover and Citizens insurance, reported second quarter net income of $32.4 million, or $0.60 per share, compared to net income of...
Jul 28 2004 // The Chubb Corporation of Warren, N.J. (NYSE: CB) reported that net income in the second quarter of 2004 was $356.1 million, a 41 percent increase over net income of $252.1 million in the secondquarter of 2003. Net income...
Jul 27 2004 // As 2002 fades from memory as the worst performance year by the Canadian property/casualty insurance industry, 2003, on the other hand, will be remembered for the industry’s return to underwriting profitability and...
Jul 27 2004 // Bermuda-based PartnerRe Ltd. reported net income of $119.8 million, or $2.12 per share on a fully diluted basis, for the second quarter of 2004.This net income includes net after-tax realized gains on investments of $10.1...
Jul 27 2004 // The Louisiana Department of Insurance will hold a property and casualty filing seminar in Baton Rouge on Aug. 19 and 20, 2004. Hot topics include: Regulation 78; Terrorism; Flexible Rating/Filing Provisions; Credit...
Jul 22 2004 // Suzanne SahakianProperty/casualty guaranty funds were created by state statutes beginning in the late 1960s to protect the public against financial losses to policyholders and claimants as a result of property and casualty...
Jul 22 2004 // Acknowledging that Arkansas law imposes minimal restrictions on underwriting, the Arkansas Insurance Department nevertheless announced that it expects property and casualty insurers to give proper attention to the explicit...
Jul 21 2004 // The commercial property/casualty insurance market showed signs of continued softening in the second quarter of 2004, with one-third of the small accounts and more than half the medium and large accounts experiencing...
Jul 20 2004 // Des Moines, Iowa-based insurer EMC Insurance Group Inc. announced a proposed 6.5 percentage point increase in its property/casualty insurance companies’ aggregate participation interest in the EMC Insurance...
Jul 20 2004 // Seattle-based Safeco announced strong second-quarter results, reflecting the company’s solid underwriting and the competitive strength of its automated sales platform. In addition, weather-related catastrophe losses...
Jul 19 2004 // An article in the July 5, 2004 edition of Insurance Journal – Texas/South Central contained incorrect information regarding the contents of Louisiana’s recently passed House Bill 1514.The “News...
Jul 19 2004 // U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $1.65 billion for insured property-loss claims from six catastrophes affecting 23 states in the second quarter, according to...
Jul 19 2004 // The United States Census Bureau’s Census 2000 estimated the population of the State of Montana at 902,195. Approximately 87 percent of the adult residents had graduated from high school and about 24 percent had...
Jul 19 2004 // Property/casualty guaranty funds were created by state statutes beginning in the late 1960s to protect the public against financial losses to policyholders and claimants as a result of property and casualty insurance...
Jul 19 2004 // The growing gap in expectations between cedants and reinsurers may develop into a critical concern for the industry, according to a new study by Conning Research and Consulting Inc.Although the expectations gap fits no...
Jul 19 2004 // This is the first in a series of articles on the Asia insurance marketplace. Part two in this series will focus on India and will appear in a September issue of Insurance Journal. “Let China Sleep, for when she...