All the headlines from our Property Casualty Topic Page, ordered by recency.
Jun 5 2002 // AscendantOne, Inc. has made available RiskFocus, a unified, comprehensive underwriting/rules engine for automated underwriting and real time risk decision support across all personal and commercial lines of property &...
Jun 4 2002 // Fitch Ratings has affirmed the fixed income ratings of the Hartford Financial Services Group, Inc. (HFSG), including the ‘A+’ senior debt rating, and the ‘AA’ insurer financial strength ratings of...
May 30 2002 // Seattle-based SAFECO will provide automobile, home and other property and casualty policies through the Internet and call center platforms of Answer Financial Inc. and its subsidiary, Insurance Answer Center Inc. SAFECO...
May 29 2002 // Bermuda’s ACE Ltd. announced that it has entered into a strategic business partnership with Huatai Insurance Company, China’s fourth largest property/casualty insurer, and “will acquire 22% of...
May 29 2002 // Financial Keyosk of Carpentersville, Ill., a provider of personal and commercial financial services products, is now licensed to sell property and casualty insurance in 47 states in the continental U.S. The firm also is...
May 27 2002 // Although the events of Sept. 11 accelerated the increase in U.S. commercial real estate insurance premiums, property and casualty insurance costs had already begun rising in 2000, independent of terrorism-coverage costs,...
May 27 2002 // Those rope-burned hands on this week’s cover graphically depict the dire straits of the workers’ compensation market in California. Safe to say, it’s now in full-blown crisis, as overused and overblown as...
May 23 2002 // Standard & Poor’s announced that its outlook on Japan’s non-life insurance industry remains negative following the release this week of insurers’ financial results for fiscal 2001.“Earnings...
May 22 2002 // Computer Sciences Corporation introduced new versions of two property and casualty insurance software applications, iSolutions Tools and S3+ Billing at ACORD’s 2002 Conference.Both applications meet CSC’s...
May 22 2002 // Orlando – “We cannot afford to pay another loss like 9/11.”Just one of the thoughts of Frank Coyne, president and CEO of Insurance Services Office (ISO), during a general sessions panel on the final day...
May 21 2002 // Standard & Poor’s has affirmed its stable outlook for the U.K.’s domestic non-life insurance industry, following a review of the financial strength characteristics, indicating that “the majority of...
May 17 2002 // Standard & Poor’s said it would not take any immediate rating actions on Hartford Financial Services Group Inc. or its double-‘A’ rated property/casualty companies following the announcement that the...
May 17 2002 // While the events of Sept. 11 accelerated the increase in U.S. commercial real estate insurance premiums, property and casualty insurance costs had already begun rising in 2000, independent of terrorism-coverage costs,...
May 15 2002 // France’s AXA announced plans to undertake a wholesale restructuring of its p/c operations in the U.K. which will eventually involve the loss of between 700 and 1000 jobs.The job cuts are aimed at stopping the losses...
May 15 2002 // New Jersey-based Insurance Services Office, Inc. (ISO) has acquired Boston-based Applied Insurance Research (AIR), a leading provider of risk-assessment and management technology for all major natural hazards in the U.S....
May 13 2002 // After suffering its first ever net loss in 2001,an extraordinary and dismal year by anyone’s reckoning, the property/casualty industry finally received some good news as earnings reports for the first quarter of 2002...
May 13 2002 // Agents have faced the problem ever since insurance companies first introduced applications. Each company had its own form, so the agent who wanted to submit the same account to several underwriters had to write the same...
May 13 2002 // After suffering its first ever net loss in 2001, an extraordinary and dismal year by anyone’s reckoning, the property/casualty industry finally received some good news as earnings reports for the first quarter of...
May 13 2002 // Agents have faced the problem ever since insurance companies first introduced applications. Each company had its own form, so the agent who wanted to submit the same account to several underwriters had to write the same...
May 10 2002 // John Mahoney was named president of Arizona-based KEMPES, the Kemper Insurance Cos.’ unit that underwrites specialty program business.In related moves, Dan Beaudette was named vice president of the Denver P&C...