All the headlines from our Property Casualty Topic Page, ordered by recency.
Dec 23 2019 // Guy Carpenter & Co., the reinsurance broker and subsidiary of Marsh & McLennan Cos., announced the appointment of Patrick Schepens as CEO of the Benelux region, effective April 2020.Schepens will be responsible for...
Dec 19 2019 // MS Amlin, the London-based re/insurer, said it will cease underwriting corporate property, real estate, casualty and package binders through its U.K. P/C business with effect from Jan. 31, 2020.This announcement follows...
Dec 19 2019 // Portage, Michigan-based J.M. Wilson announced the end of an era with the retirement of Betty Yahr, senior property/casualty underwriter.Yahr, whose last day is Dec. 20, has been with J.M. Wilson Corporation for over 42...
Dec 16 2019 // J.M. Wilson has added Lindsay Kirby as a property/casualty technician in its Portage, Michigan, office.Kirby will provide support to the property and casualty underwriters. She is responsible for providing technical...
Dec 16 2019 // In 2020 the average time it will take an insurance agency to hire an experienced Account Manager will be three and half to four months. When I tell clients this, one of three responses follow:Surprise: “Wow, really?...
Dec 16 2019 // Direct premium written (DPW) for property/casualty insurance companies continues to increase, albeit gradually.At year-end 2018, total DPW for all P/C insurers aggregately increased approximately 4% over 2017, an increase...
Dec 12 2019 // The 2020 outlook for the French insurance sector is negative, reflecting growing pressures on the property/casualty insurers’ profitability from low interest rates, Moody’s Investors Service said in a report....
Dec 11 2019 // Managing General Underwriter Victor is now offering Guy Carpenter clients who are members of U.S. public entity insurance pools a range of property and casualty insurance products not traditionally offered by the...
Dec 10 2019 // Global insurer Chubb has made a $10 million equity investment the African Trade Insurance Agency (ATI), becoming the first global property/casualty insurance company to become a shareholder in the African multilateral...
Dec 6 2019 // Gallagher, the Rolling Meadows, Ill.-based insurance broker, has named Dave Partington as CEO of its Canadian retail property/casualty brokerage operations, where he will lead the strategy and culture for continued growth...
Dec 2 2019 // Some insurance carriers grow but do not create value. Others shrink but still create value. Some fail at both.Then there are the “intelligent growers” — those that succeed at both, not only growing but...
Nov 27 2019 // Cincinnati, Ohio-based Great American Insurance Group has promoted Roy Reynolds to divisional president and Garry Gordon to divisional senior vice president within its Property & Casualty Group, Mergers &...
Nov 26 2019 // C-Quence, the digital managing general agent (MGA), and Cytora, the insurtech startup that operates an artificial intelligence-powered platform, are joining forces to “turbocharge innovation” in commercial...
Nov 25 2019 // IMA Inc., a national insurance broker specializing in property/casualty insurance, employee benefits and surety bonds, has added Donna Pankotai in its Dallas office as team senior vice president and director of Client...
Nov 24 2019 // Some insurance carriers grow but do not create value. Others shrink but still create value. Some fail at both.Then there are the “intelligent growers”—those that succeed at both, not only growing but also...
Nov 21 2019 // San Diego, CA, November 21, 2019 – Insurance Journal’s Academy of Insurance today announced the release of Popsicle Insurance, a children’s book that teaches kids about insurance in a fun and entertaining...
Nov 18 2019 // About the Commercial Lines Leaders: The 2019 Commercial Lines Leaders in this special feature are taken from Insurance Journal’s Top 100 Property/Casualty Independent Agencies as reported in August. This list...
Nov 18 2019 // About the Personal Lines Leaders: The 2019 Personal Lines Leaders in this special feature are taken from Insurance Journal’s Top 100 Property/Casualty Independent Agencies as reported in August. This list utilizes...
Nov 15 2019 // Texas’ property insurer of last resort for wind and hail in counties along the Gulf Coast is finding itself once again between a rock and a hard place — or perhaps more appropriately, between a hurricane and a...
Nov 15 2019 // Allianz Global Corporate & Specialty SE (AGCS) and Allianz Deutschland AG announced leadership changes that will take effect from Dec. 1, 2019, subject to regulatory approval.Joachim Müller, currently CEO of Allianz...