All the headlines from our Property Casualty Topic Page, ordered by recency.
Jul 16 2001 // The U.S. property/casualty industry’s net income after taxes dropped 5.4 percent to $5.6 billion in first-quarter 2001 from $5.9 billion in first-quarter 2000, according to Insurance Services Office Inc. (ISO) and...
Jul 13 2001 // A recent study by Palm Beach Gardens, Fla.-based Weiss Ratings Inc. indicated that just eight large property and casualty insurers provide homeowners coverage to residents in hurricane-prone states. Weiss Ratings, a...
Jul 11 2001 // Standard & Poor’s revised its outlook on the personal lines property/casualty sector (i.e., home and auto insurance) of the U.S. insurance industry to negative from stable.In conjunction with this rating action,...
Jul 9 2001 // CGNU, Britain’s largest insurer, is in talks with the French group Mutuelles du Mans Assurances aimed at establishing a partnership arrangement which would strengthen its position in the French life and pension...
Jul 9 2001 // The U.S. property/casualty industry’s net income after taxes dropped 5.4 percent to $5.6 billion in first-quarter 2001 from $5.9 billion in first-quarter 2000, according to Insurance Services Office, Inc. (ISO) and...
Jul 5 2001 // According to an A.M. Best Co. special-report excerpt published in the July 2 issue of BestWeek, property/casualty net premiums written showed the strongest growth since the tail end of the last hard market in the second...
Jun 27 2001 // The U.S. property/casualty industry’s net income after taxes dropped 5.4 percent to $5.6 billion in first-quarter 2001 from $5.9 billion in first-quarter 2000, according to Insurance Services Office Inc. (ISO) and...
Jun 26 2001 // A.M. Best Co. affirmed the A+ (Superior) financial strength ratings (FSR) of the primary property/casualty operations of the Nationwide Group, Columbus, Ohio, as well as its affiliated life insurance companies.In addition,...
Jun 21 2001 // A.M. Best Co. Executive Vice President Larry Mayewski announced the promotion of Matthew Mosher to group vice president of the Property/Casualty Rating Division. Mosher succeeds Eric Simpson who accepted a position as...
Jun 18 2001 // Most of Dallas-based Unitrin Property and Casualty Insurance Group’s customers can now receive and pay their bills online through a system of websites developed and operated by Atlanta’s CheckFree Corporation....
Jun 8 2001 // Tillinghast-Towers Perrin, a provider of risk management services for the financial services industry, announced the release of a new version of its dynamic financial modeling software, TAS:P/C 2001, a core component of...
Jun 6 2001 // ERisk and RMS announced they will host an hour-long online event for the property/casualty insurance industry on June 7, 2001.ERisk and RMS will overview the latest approaches for measuring risk in terms of economic...
Jun 5 2001 // According to the National Association of Independent Insurers (NAII), the National Association of Insurance Commissioners’ (NAIC) proposals to improve the market conduct process for insurance companies meet the goals...
Jun 4 2001 // The country’s smallest, mostly rural, insurance companies would receive a tax benefit if federal legislation introduced recently becomes law.Reps. Jim Nussle, R-Iowa; Jim Ramstad, R-Minn.; and Earl Pomeroy, D-N.D.;...
Jun 4 2001 // During the last decade, the wall separating the worlds of banking and insurance has crashed down. Banks are buying insurance agencies. Banks are merging with insurance companies. The Independent Insurance Agents of America...
May 31 2001 // AscendantOne, announced the availability of its Rate/Quote/Issuance solution for the property/casualty front office. This browser-based front office solution was designed to allow p/c providers to deploy rating solutions...
May 22 2001 // Winterthur, the insurance arm of Credit Suisse Group, has agreed to purchase CGNU’s Belgian p/c business for €117 million ($102.65 million). The acquisition would make Winterthur the fifth largest Belgian p/c...
May 21 2001 // The Internet delivery of property and casualty insurance products and services is approaching the mainstream, according to a consumer research study released by Gomez Inc., an Internet quality measurement firm. The study...
May 21 2001 // The property/casualty industry may be facing a surge in asbestos claims that could cumulatively cost the industry as much as $65 billion. This new estimate of ultimate asbestos-related losses is nearly two-thirds higher...
May 21 2001 // Acceptance Insurance Companies Inc., an insurance holding company providing agricultural risk management products and services throughout the U.S., agreed to sell two wholly owned insurance companies, Acceptance Indemnity...