Latest Property Casualty Headlines

All the headlines from our Property Casualty Topic Page, ordered by recency.

Hub Acquires Assets of Atlanta-based Insurtech In-Fi; Hires Chasteen

Jun 18 2019 // Hub International Limited, has acquired the assets of CBIS, LLC, d/b/a “In-Fi” (In-Fi). Terms of the transaction were not disclosed.Established in 2016 by co-founder Jon Chasteen, In-Fi developed a distribution...

P/C Direct Premium Written Up 4.2% in Q1: Demotech

Jun 17 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% from 2017, an increase...

Insurance Journal Announces the Launch of Cyber Newsletter

Jun 13 2019 // San Diego, CA, June 13, 2019 – Today, Insurance Journal premiers a brand new bi-weekly newsletter for insurance professionals and risk managers who are serious about cyber. It’s called “Insuring Cyber”....

Insurance Journal to Launch Insuring Cannabis

Jun 12 2019 // San Diego, CA, June 12, 2019 – Today Insurance Journal premiers Insuring Cannabis, a newsletter for insurance professionals and risk managers who need a full view of what’s happening with marijuana on state,...

Insurance Journal Announces the Launch of Cyber Newsletter

Jun 11 2019 // San Diego, CA, June 11, 2019 – Today, Insurance Journal premiers a brand new bi-weekly newsletter for insurance professionals and risk managers who are serious about cyber. It’s called “Insuring Cyber”....

Insurance Journal to Launch Insuring Cannabis

Jun 10 2019 // San Diego, CA, June 10, 2019 – Today Insurance Journal premiers Insuring Cannabis, a newsletter for insurance professionals and risk managers who need a full view of what’s happening with marijuana on state,...

Carrier Management Announces the Launch of InsurTech Today

Jun 10 2019 // San Diego, CA, June 10, 2019 – Today Carrier Management premiers a brand-new newsletter called InsurTech Today. This inbox resource is written for those who value a quick take on the most important InsurTech...

Agencies: Submit Today for the Top 100 Ranking and More

Jun 6 2019 // Insurance Journal is now collecting information for its annual Top 100 property/casualty independent agency listing and other agency rankings. Submit your agency today.There are four ways to qualify: Complete this quick...

Prime Property & Casualty Enters Kansas Commercial Auto Market

Jun 6 2019 // Prime Property & Casualty Insurance Inc. (PPCI) has entered the Kansas commercial auto insurance market as an admitted carrier specializing in distressed and substandard risks.With PPCI, producers now have an insurance...

AIG Makes Changes at Top of Global P/C Underwriting, Validus

Jun 6 2019 // American International Group announced leadership appointments in its Global Chief Underwriting Office, adding underwriters with expertise in global property and casualty underwriting. These appointments are effective...

Insurance Journal Announces the Launch of Cyber Newsletter

Jun 5 2019 // Today, Insurance Journal premiers a brand new bi-weekly newsletter for insurance professionals and risk managers who are serious about cyber. It’s called Insuring Cyber. This newsletter is an in-box resource for...

P/C Insurance Industry’s Net Underwriting Income Up 24% in Q1, Reports A.M. Best

Jun 3 2019 // The U.S. property/casualty industry posted net underwriting income of $4.2 billion in first-quarter 2019, a 24.0% increase from the same period in the previous year, according to preliminary financial results.According to...

AM Best Assigns Credit Ratings to Centerline Property & Casualty of Tennessee

May 30 2019 // AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” to Centerline Property and Casualty Insurance Co., headquartered in Knoxville, Tenn. The outlook...

Carlson Named CEO for Wells Media Group

May 28 2019 // Wells Media Group Chairman Mark Wells announced that Josh Carlson has been named CEO of Wells Media Group, Inc., effective immediately.Carlson has served as chief technology officer/chief innovation officer of Wells Media...

Valentine Named Sr. VP, Chief Insurance Officer for Farmers Alliance Companies

May 22 2019 // Aaron Valentine has been named senior vice president, chief insurance officer for the Farmers Alliance Companies in McPherson, Kansas.This is a new position at the companies, added to ensure the proper organizational...

P/C Insurance Industry’s Net Underwriting Income Up 24% in Q1, Reports A.M. Best

May 21 2019 // The U.S. property/casualty industry posted net underwriting income of $4.2 billion in first-quarter 2019, a 24.0% increase from the same period in the previous year, according to preliminary financial results.According to...

Claims Insurtech Snapsheet Raises $29 Million to Expand Into All P/C Lines and Globally

May 20 2019 // Virtual insurance claims services company Snapsheet has closed on $29 million in Series E funding. The company said it will use the funds to expand beyond auto into all lines of property/casualty insurance and expand...

Insurtech Investments Break New Records in Q1

May 10 2019 // Insurtech investors worldwide executed the highest number of transactions, the highest number of property/casualty transactions, and the highest volume of Series B and Series C funding rounds during the first three months...

New York’s NFP Promotes Hyland to Its Surety Division

May 9 2019 // NFP, a New York, N.Y.-headquartered insurance broker and consultant that provides employee benefits, property and casualty, retirement and individual products, has named John Hyland, senior vice president of NFP Property...

Zurich Insurance on Track to Meet 2019 Targets, Sees Positive P/C Pricing Trends

May 9 2019 // Zurich Insurance is on track to meet or beat its financial targets to 2019 and is seeing positive trends in property and casualty (P/C) insurance pricing.Europe’s fifth-biggest insurer made the forecast on Thursday...