All the headlines from our Property Casualty Topic Page, ordered by recency.
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...
Apr 23 2004 // Standard & Poor’s Ratings Services announced the affirmation of its “AA” counterparty credit and financial strength ratings on Houston Casualty Co., Avemco Insurance Co. (Avemco), U.S. Specialty...
Apr 22 2004 // Columbus, Ohio-based Title First Agency Inc., a leading title insurance agency and real estate information company with offices throughout Ohio, Indiana, Kentucky, Michigan and West Virginia, announced the launch of...
Apr 21 2004 // Mergers and acquisitions in 2003 and 2004 in the insurance industry reached the highest level since 1998 in dollar terms, even while the total number of transactions continued its long decline since the same year,...
Apr 20 2004 // The Council of Insurance Agents & Brokers has issued a report indicating that the commercial property and casualty market “continued to ease across most lines during the first quarter of 2004, with the average...
Apr 19 2004 // The U.S. Census Bureau’s 2000 census estimated the Minnesota population at 4.9 million. About 88 percent of the adult residents had graduated from high school and about 27 percent had earned a bachelor’s degree...
Apr 19 2004 // With continued service to the state of Mississippi since the mid-70’s, Insurance Commissioner George Dale has been a steadying influence for the industry in the Magnolia State.When Dale was elected commissioner in...
Apr 19 2004 // The United States Census Bureau’s Census 2000 estimated the population of the State of South Carolina at 4,012,012. Approximately 76 percent of the adult residents had graduated from high school and about 20 percent...
Apr 16 2004 // Standard & Poor’s has recently enhanced its criteria for evaluating the loss reserves of global reinsurance groups and certain non-U.S. insurance groups writing casualty business, according to a recently...
Apr 15 2004 // Insurity Inc., a ChoicePoint company, announced that South Carolina-based Capital City Insurance Company Inc. has selected Insurity’s Commercial Intellisys’ property/casualty policy processing services and...
Apr 14 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...
Apr 12 2004 // Insurance Journal’s has extended the deadline until April 19 for property and casualty agencies to submit entry forms for the first-ever IJ Top 100 Salute to Independent Agencies issue on May 3, which highlights the...
Apr 9 2004 // The Arkansas Insurance Department issued a bulletin explaining compliance requirements of all property insurers licensed to do business in the state with Act 1345 of 2003, also known as the “Fire Loss Reporting Act...
Apr 8 2004 // Allmerica Financial Corporation in Worcester, Mass. announced that Marita Zuraitis has been named president of Allmerica’s property and casualty companies, effective April 19.As president, Zuraitis will be...
Apr 7 2004 // ACE US International, a division of ACE USA, the U.S.-based retail operations of The ACE Group of Companies, announced that it has been selected as the exclusive provider of global programs and specialty insurance coverage...