All the headlines from our Property Casualty Topic Page, ordered by recency.
Sep 12 2003 // Travelers Property Casualty announced that PL Policy Summary and Billing Inquiry are now available to independent agents for Travelers personal lines insurance policies. These new e-services are accessed directly through...
Sep 8 2003 // Premium growth continues unabated for surplus line carriers, the insurance industry’s relief pitchers. They find themselves the beneficiaries of a standard marketplace still skittish about placing risks in lines...
Sep 8 2003 // While strong underwriting results propelled the property/casualty industry to profitability in 2002, insurers have not fully recovered from anemic premium growth of the 1990s and Sept. 11 losses, according to a...
Sep 8 2003 // CPCUs can learn about the latest property and casualty insurance topics at the CPCU Society’s 59th Annual Meeting and Seminars, taking place in New Orleans, Oct. 11-14. The Annual Meeting’s Property and...
Sep 8 2003 // Premium growth continues unabated for surplus line carriers, the insurance industry’s relief pitchers. They find themselves the beneficiaries of a standard marketplace still skittish about placing risks in lines...
Sep 5 2003 // AMS Services Inc. is introducing two new products, AMS Benefits Workflow and AMS Benefits Administration, both of which are the primary offerings of a new AMS business unit called AMS Benefits. The creation of these new...
Sep 3 2003 // Louisiana Insurance Commissioner Robert Wooley announced that two insurance agents, Jonathan Horace Jones and his wife Cindy Marie Jones, both of New Iberia, were arrested and their insurance agency was shut down for...
Aug 20 2003 // Birmingham, Ala.-based Infinity Property and Casualty Corporation announced the appointment of Harold E. Layman and Jorge G. Castro to its Board of Directors. Layman served as president & CEO of Blount International,...
Aug 20 2003 // Zurich Financial Services has apparently turned the corner after some very rough times. The company’s 1st half results show net income of $701 million – well above most analysts’ expectations –...
Aug 20 2003 // Allianz Property and Casualty Group Germany, which combines the property and casualty insurance business of the German Allianz companies, achieved a positive underwriting result in the first half-year of 2003 as gross...
Aug 20 2003 // Allmerica Financial Corporation announced that it has named Frederick Eppinger, 44, President, Chief Executive Officer and Director, effective September 8. He will succeed John O’Brien, who resigned in the fall of...
Aug 18 2003 // The cost of health care is the most popular issue that politicians, employers and Americans of all walks of life are talking about.Health care in America represents approximately 15.6 percent of the Gross National Product...
Aug 18 2003 // Clem H. Spalding, who for many years played a major leadership role in the Texas automobile insurance market, was presented the Raymond Mauk Leadership Award at the Insurance Council of Texas’ Mid-Year Property and...
Aug 18 2003 // Fort Worth-based Higginbotham & Associates began as a small personal lines agency in 1948 representing Trinity Universal Insurance Company and SAFECO. Today it is one of the largest independent agencies in North...
Aug 15 2003 // Standard & Poor’s Ratings Services lowered its counterparty credit and senior debt ratings on Chicago-based insurer Unitrin Inc. to “BBB+” from “A-” because of a decline in operating...
Aug 14 2003 // Germany’s Allianz confounded many analysts’ forecasts by reporting strong gains in most of its operations, posting a net profit of 102 million euros ($115.26 million) for the first half of 2003. The...
Aug 12 2003 // The American Insurance Association (AIA) led a delegation of property-casualty trade associations on Monday in urging New Mexico’s Blue Ribbon Tax Reform Commission to recommend real improvements to the state’s...
Aug 11 2003 // CPCUs can learn about the latest property and casualty insurance topics at the CPCU Society’s 59th Annual Meeting and Seminars, taking place in New Orleans, Oct. 11-14.The Annual Meeting’s Property and Casualty...
Aug 8 2003 // Des Moines, Iowa-based carrier EMC Insurance Group Inc. operating income of 9 cents per share for the second quarter ended June 30, 2003 compared to operating income of 45 cents per share for the second quarter of 2002....
Aug 7 2003 // The Hartford Financial Services Group, Inc. reported net income per diluted share of $1.88 for the second quarter of 2003, up sharply from $0.74 per diluted share in the second quarter of 2002. Net income nearly tripled to...