All the headlines from our Property Casualty Topic Page, ordered by recency.
Apr 5 2004 // The U.S. Census Bureau’s Census 2000 estimated the population of the State of Maryland at 5,296,486. Approximately 84% of the adult residents had graduated from high school and about 31% had earned a bachelor’s...
Apr 5 2004 // States show signs of stability, but problem areas remainDespite continuing availability issues and sky-high loss ratios, the U.S. homeowners market is stabilizing as a whole. Of course, most industry observers who make...
Apr 5 2004 // The U.S. Census Bureau’s 2000 census estimated Iowa’s population at nearly 3 million. About 86 percent of the adult residents had graduated from high school and about 21 percent had earned a bachelor’s...
Apr 5 2004 // Seattle-based Safeco Corporation announced it has entered into a definitive agreement to sell its life and investments operations to a group of investors led by White Mountains Insurance Group Ltd., and Berkshire Hathaway...
Apr 5 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...
Apr 1 2004 // Moody’s Investors Service announced that is has lowered the debt ratings of Travelers Property Casualty Corp., and those of its subsidiary Travelers Insurance Group Holdings Inc., by one notch.Senior debt was lowered...
Apr 1 2004 // Insurity Inc., a ChoicePoint company, announced that Georgia Casualty & Surety, a wholly-owned subsidiary of Atlantic American, has selected Insurity’s Commercial Intellisys’ property/casualty policy...
Mar 30 2004 // With signs of improvement on the horizon for the property/casualty market in Alabama, Insurance Commissioner Walter Bell recently set aside time to talk with Insurance Journal Southeast about conditions in the...
Mar 30 2004 // Germany’s Hannover Re Group joined Swiss Re and General Re in reporting a very successful 2003. The world’s fourth largest reinsurer posted net income of 354.8 million euros ($43I million) compared to 267.2...
Mar 26 2004 // Swiss Re joined the parade of European insurers announcing happy results for 2003. Net income increased to CHF 1.7 billion ($1.33 billion), while net premiums jumped to CHF 30.7 billion ($24 billion).It’s the first...
Mar 25 2004 // Atlanta-based Crawford & Company was recently named the primary vendor for property and casualty claims services for Cypress Property & Casualty Insurance Company. Crawford will administer the program using a...
Mar 22 2004 // The states boasts a good homeowners loss ratio and a diversified economyThe United States Census Bureau’s Census 2000 estimated the population of the Pennsylvania at 12,281,054. Approximately 82 percent of the adult...
Mar 22 2004 // Property and casualty insurers earned $22.9 billion during the first nine months of 2003, representing a $12.1 billion, or 112 percent, increase over the $10.8 billion profit reported during the same period in 2002,...
Mar 22 2004 // The United States Census Bureau’s Census 2000 estimated the population of the State of Oregon at 3,421,399. Approximately 85 percent of the adult residents had graduated from high school and about 25 percent had...
Mar 22 2004 // No surprise, but with the first quarter of 2004 drawing to a close, workers’ compensation remains, as it has been for many years, one of the most troubled lines of insurance in the United States.On a calendar year...
Mar 18 2004 // Hartford-based Insurity Inc., a ChoicePoint® company specializing in policy and claims management products and services, announced that AEGIS Insurance Services, Inc., a leading insurer of utilities and related energy...
Mar 18 2004 // Standard & Poor’s has affirmed its ‘BBB+’ long-term counterparty credit rating on Seattle-based SAFECO Corp. and its ‘A+’ counterparty credit and financial strength ratings on the members...
Mar 16 2004 // A.M. Best Co. has commented that the group financial strength rating of A (Excellent) of Redmond, Wash.-based Safeco Life Insurance Company and its life/health subsidiaries (collectively referred to as Safeco Life) remains...
Mar 15 2004 // Seattle-based Safeco Corporation announced it has entered into a definitive agreement to sell its life and investments operations to a group of investors led by White Mountains Insurance Group, Ltd., and Berkshire Hathaway...
Mar 12 2004 // In an update to definitive agreements announced with Atlanta-based Cotton States Insurance Group in December 2003, COUNTRY Insurance & Financial Services has filed the required Form A with the Georgia Insurance...