All the headlines from our Property Casualty Topic Page, ordered by recency.
Jun 29 2004 // The U.S. property/casualty industry’s net income after taxes rose to $13.3 billion in first-quarter 2004 from $6.5 billion in first-quarter 2003 as insurers posted an underwriting profit for only the second time...
Jun 28 2004 // The Independent Insurance Agents of Texas reported that it is building an IIAT internship program to encourage minority college students in Texas to learn about careers in the insurance industry. The program will be part...
Jun 25 2004 // mparedConning Research & Consulting, Inc. has released a study which concludes that P/C insurers’ cost of doing business “has stagnated over the past 20 years, contrasting the remarkable efficiency gains...
Jun 25 2004 // The Hartford Financial Services Group, Inc.announced that Dana A. Drago has been appointed executive vice president of field, sales and service for its property-casualty operations, effective July 15. Drago joins The...
Jun 23 2004 // scarborough, a subsidiary of Aon Corp., announced that it has established a “new business relationship with CNA, one of the nation’s leading business insurers, to offer property and casualty insurance to...
Jun 23 2004 // The property/casualty industry continued to build on the operating momentum achieved during 2003, as the industry reported an underwriting gain during the first quarter of 2004. Further, very strong operating results and...
Jun 21 2004 // Aon Corporation announced that the results of its 2003 P/C Earnings Volatility Study showed that insurers and reinsurers were more effective at minimizing earnings volatility in 2003.“The study measures earnings...
Jun 18 2004 // Fitch Ratings announced that it has affirmed its ‘BBB long-term issuer rating and the rating assigned to its senior note issue of Infinity Property & Casualty Corporation. Fitch also assigned an “A”...
Jun 17 2004 // Industry-wide price strengthening was a driving factor in the financial results of U.S. property/casualty insurance companies in 2003, according to an industry report card published by Standard & Poor’s Ratings...
Jun 16 2004 // Omaha, Neb.-based small business workers’ compensation carrier FirstComp named David E. Thomas as its new treasurer and chief financial officer. He had served as an executive consultant since the fall of 2003.Before...
Jun 11 2004 // Standard & Poor’s Ratings Services announced that it has revised its outlook on the U.S. commercial-lines insurance industry to stable from negative “based on the delicate balance now in play between the...
Jun 11 2004 // The Massachusetts House and Senate have both approved legislation to deregulate insurance rates and forms for certain large commercial risks.The measure permits commercial accounts with more than $30,000 in premium that...
Jun 10 2004 // Standard & Poor’s Ratings Services announced that it has revised its outlook on Allianz Insurance Co. of Canada and Trafalgar Insurance Co. of Canada (collectively referred to as Allianz Canada) to stable from...
Jun 10 2004 // The Hartford Financial Services Group, Inc. was recently recognized for its leadership in standards-based communications with six awards presented by ACORD (Association for Cooperative Operations Research and Development)...
Jun 10 2004 // Ohio-based property/casualty insurer the Westfield Group has named Frank A. Carrino corporate counsel and secretary. He will assume responsibility for all corporate legal matters as head of the corporate legal department....
Jun 9 2004 // Insurance and tort reform measures passed by the Louisiana Legislature in 2003, along with efforts by the insurance department and two major insurance agents’ associations to get the word out about the state’s...
Jun 8 2004 // With all signs pointing to increasing competition in U.S. property/casualty markets, the most important challenge many insurers face may be survival itself, an industry leader said Tuesday.In remarks at the 76th Annual...
Jun 8 2004 // Castek Announces Agreement with Global InfoTech to provide resale and implementation services for the Insure3 suite of products in The People’s Republic of China.Castek Inc. is pleased to announce a business...
Jun 7 2004 // The United States Census Bureau’s Census 2000 estimated the population of the State of Nevada at 1,998,257. Approximately 81 percent of the adult residents had graduated from high school and about 18 percent had...
May 26 2004 // With more than 7,400 issuing locations nationwide, you’d think a product line extension would be a simple process. But that wasn’t the case when Stewart Information Services Corporation decided to add Property...