All the headlines from our Property Casualty Topic Page, ordered by recency.
May 17 2004 // The United States Census Bureau’s Census 2000 estimated the population of the State of Alabama at 4,447,100. Approximately 75 percent of the adult residents had graduated from high school and about 19 percent had...
May 17 2004 // Over the past three decades, 80 percent of the terrorist attacks against the United States have been directed against American businesses in foreign locations. In 2001, about 400 American businesses were attacked. Compared...
May 12 2004 // A.M. Best Co. has taken a number of rating actions concerning several subsidiaries of Aon Corp.It affirmed the financial strength ratings of “A” (Excellent) of Aon’s life/health operations–Combined...
May 12 2004 // Insurer ratings agency A.M. Best Co. has affirmed the financial strength ratings of “A” (Excellent) of Chicago-based Aon Corp.’s life/health operations—Combined Insurance Company of America (CICA) and...
May 11 2004 // Standard & Poor’s Credit Market Services has issued a report on the U.S. P/C industry, which notes that the rating agency is maintaining its negative rating outlook on this sector of the commercial insurance...
May 11 2004 // Insurance Journal recently published a list of the top 100 largest property/casualty independent agencies and brokers in its May 3, 2004 issue. The list was compiled based on information that agencies voluntarily submitted...
May 11 2004 // In one of the largest business opinion polls ever taken in Arizona, “Ranking Arizona” named Farmers Insurance Group the best Property and Casualty Insurance Company for the third year in a row. This is the...
May 6 2004 // A newly issued report from Standard & Poor’s concludes that “France’s mutual insurance sector remains healthy, but its long-term prosperity is being threatened by external competition and exposure...
May 6 2004 // Max Re Capital Ltd. joined its compatriots in Bermuda in reporting very good first quarter profits. The company announced that net income for the three months ended March 31, 2004, was 43 million, or net income of $0.87...
May 4 2004 // Florida’s just-ended legislative session “proved to be very productive,” an official with the National Association of Mutual Insurance Companies (NAMIC) said. Florida lawmakers enacted several key...
May 3 2004 // The property/casualty insurance industry’s net income after taxes rose to $29.9 billion in 2003—nearly 10 times the industry’s $3 billion in net income in 2002.Benefiting from both the $29.9 billion in net...
May 3 2004 // A.M. Best Co. announced the availability of “Best’s Statement File Supplement for Schedule F and Schedule S” on a single CD-ROM that contains both databases.“These databases include reinsurance data...
May 3 2004 // Kyle Stevens, vice president, branch manager of the Dallas branch office of Western Security Surplus Insurance Brokers (WSS) announced that with the addition of its new property & casualty market, they now have...
May 3 2004 // The Texas Department of Insurance (TDI) has scheduled a compliance workshop to assist property and casualty insurers and agents in understanding and meeting Texas´ regulatory requirements.The workshop will be held June 3,...
May 3 2004 // With agents witnessing increasing competition in Kentucky’s property/casualty market, Kentucky Office of Insurance Acting Executive Director Glenn Jennings recently talked with Insurance Journal Southeast.Jennings...
May 3 2004 // The United States Census Bureau’s Census 2000 estimated the population of the State of North Carolina at 8,049,313. Approximately 78 percent of the adult residents had graduated from high school and about 23 percent...
Apr 30 2004 // Swiss-based Converium reported its “best quarter operating income so far,” with $77.2 million, up 192.4 percent, and net earnings of $65.7 million, up 157.6 percent.Other highlights cited by the world’s...
Apr 28 2004 // Allmerica Financial Corporation (NYSE: AFC) in Worcester, Mass. reported net income for the first quarter of $12.1 million, or $0.23 per share, compared to net income of $37.1 million, or $0.70 per share in the first...
Apr 27 2004 // Alabama-based Infinity Property and Casualty Corporation, a national provider of personal automobile insurance with an emphasis on nonstandard auto insurance, reported net earnings for the first quarter of $16.9 million or...
Apr 27 2004 // Bermuda-based ACE Limited (NYSE:ACE) reported net income for the first quarter ended March 31, 2004 of $447 million or $1.53 per share, compared with net income of $247 million or $0.90 per share for the prior year. Income...