All the headlines from our Property Casualty Topic Page, ordered by recency.
May 14 2001 // Insurance intermediaries, whether they are brokers or agents, have fiduciary duties. Often these duties run to policyholders or prospective policyholders. Often they run to insurers. Sometimes, they can run to both at the...
May 13 2001 // 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 11 2001 // Royal & Sun Alliance Group reported a strong 22 percent gain in first quarter operating results which rose to £138 million ($239 million) net pretax over last year, led by a hefty 66 percent increase in profits...
May 11 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 to McM Corporation, a...
May 7 2001 // A recent Conning & Company study, “Property-Casualty Forecast and Analysis,” showed personal automobile rates on the rise by 4 to 8 percent. In some areas, recent filings may bring the increase up to 16...
May 1 2001 // Sherwood International, a supplier of solutions to the global insurance marketplace, has acquired Concise Technologies Inc. for an estimated $13 million in cash and equity. The acquisition is aimed at strengthening...
Apr 30 2001 // Conning Corporation, a provider of asset management services to insurance companies and institutional investors based in Hartford, Conn., has predicted an increase in auto insurance premiums next year, reversing a trend in...
Apr 28 2001 // Conning Corporation, a provider of asset management services to insurance companies and institutional investors based in Hartford, Conn., has predicted an increase in auto insurance premiums next year, reversing a trend in...
Apr 23 2001 // The property/casualty insurance industry’s net income after taxes fell 7.5 percent last year to $20.2 billion from $21.9 billion the year before, according to figures released by the Insurance Services Office Inc....
Apr 23 2001 // Four years ago, we wrote an article for Insurance Journal that outlined what we called the “Producer Dilemma.” This article follows up on what has been a chronic problem of finding good producers for the...
Apr 23 2001 // A new A.M. Best Co. report reveals that property/casualty results for both the fourth quarter and full year 2000 continued to weaken, especially in the reinsurance sector. The industry reported a combined ratio of 115.0...
Apr 19 2001 // Risk Management Solutions (RMS) and ERisk, a provider of strategic solutions for enterprise risk management and economic capital allocation, released results of a jointly sponsored evaluation of the capital adequacy and...
Apr 16 2001 // According to a new A.M. Best Co. report, property/casualty results for the fourth quarter and the full year 2000 continued to weaken as the effects of the prolonged soft market overshadowed the benefits of price firming....
Apr 16 2001 // The property/casualty insurance industry’s net income after taxes fell 7.5 percent last year to $20.2 billion from $21.9 billion the year before, according to figures released by the Insurance Services Office Inc....
Apr 12 2001 // American National Insurance Company (American National) and Farm Family Holdings Inc. (Farm Family ) announced that American National had completed its acquisition of Farm Family, a transaction valued at approximately $280...
Apr 11 2001 // The property/casualty insurance industry’s net income after taxes fell 7.5 percent last year to $20.2 billion from $21.9 billion the year before, Insurance Services Office Inc. and the National Association of...
Apr 9 2001 // A new ratings criteria report, “Property/Casualty Insurance Ratings Criteria (U.S.),” was recently published by Fitch. Covered is the issue of the methodology used by the group to analyze credit quality and...
Apr 9 2001 // Traditional p/c agencies may consider a life department for increasing profits, retentionInsured households carry more coverage than ever before, but at the same time, the insurance industry is reaching fewer U.S....
Mar 19 2001 // The nation’s workers’ compensation insurers suffered an 86 percent decline in profits, to $144 million during the first nine months of 2000 from a $1 billion peak during the same period in 1998, according to...
Mar 19 2001 // The nonstandard auto market enjoyed above-average growth and profitability across the country through much of the 1990s. In fact, by the late ’90s, low entry barriers, including modest surplus levels required to...