All the headlines from our Property Casualty Topic Page, ordered by recency.
Jun 18 2018 // Global commercial property/casualty insurance premiums were worth approximately $730 billion in 2017, and by 2021, they will rise to nearly $900 billion.U.S. commercial P/C insurance premiums were worth $274.5 billion in...
Jun 18 2018 // EPIC Insurance Brokers and Consultants has added risk management and insurance professionals Rose Nordbrock, Jeff Breskin, Pabla Barros and Jose Fuentes to the firm’s operations in Southern California.Nordbrock joins...
Jun 18 2018 // Recently insurtech start-up Lemonade launched a product initiative called Policy 2.0.According to Lemonade, it will simplify the language within a standard insurance policy so insureds can easily understand what is and is...
Jun 8 2018 // Global commercial property/casualty insurance premiums were worth approximately $730 billion in 2017 and by 2021 will rise to almost $900 billion.U.S. commercial P/C insurance premiums were worth $274.5 billion in 2017 and...
Jun 5 2018 // NationsBuilders Insurance Services, Inc. (NBIS) has formed a new market partner relationship with Old Republic Specialty Insurance Underwriters. NBIS is adding coverage authorized by Old Republic Specialty Insurance...
Jun 4 2018 // Smart Choice has named Chris Reisdorf, formerly of All Risks, to lead the company’s efforts in North Carolina as state director.A 25-year veteran of the insurance industry, Reisdorf has worked in a number of areas...
Jun 4 2018 // Doug Slape has been promoted to second-in-command at the Texas Department of Insurance.Slape has been at the agency since 1988 and has served as deputy commissioner for the Financial Regulation Division the past three...
Jun 1 2018 // Kemper Corp. and Infinity Property and Casualty Corp.reported that the companies’ respective shareholders approved proposals related to the agreement announced in February under which Kemper will acquire...
Jun 1 2018 // The former chief executive of an insurance company believes the center of value of the property/casualty industry has shifted away from one of the activities that would seem to define an insurance risk-taking enterprise:...
Jun 1 2018 // An analysis of A.M. Best-rated property/casualty insurers based in the Caribbean reveals that hurricanes Irma and Maria were mainly earnings events, and that the responsiveness of reinsurers allowed these insurers to...
May 30 2018 // The small business market is big. The U.S. small commercial market represents about one-third of the total commercial lines market and generates between $99 billion and $103 billion in direct written premium, according to...
May 29 2018 // The property & casualty insurance and group benefits industry is changing faster than ever, or at least faster than any time in any reader’s history. Many factors are the parents of such change. In part one of...
May 28 2018 // The U.S. property/casualty insurance industry saw its combined ratio improve by nearly five points in the 2018 first quarter and net underwriting income grow at a healthy clip, A.M. Best said in a special report.A combined...
May 21 2018 // The New York Department of Financial Services (DFS) has issued updated disaster response and recovery plan requirements for all insurance companies licensed to conduct business in New York state.It issued these updated...
May 21 2018 // EPIC Insurance Brokers and Consultants has named Sean Conrad a principal in its Southern California operations.Conrad will be based in EPIC’s Irvine, Calif., office, and will be responsible for new business...
May 16 2018 // May 16, 2018, San Diego, CA — Today Insurance Journal announces the launch of a new member platform, called “IJ Pro”.What is it? It’s an enhanced experience for Insurance Journal’s most loyal...
May 15 2018 // XL Group has announced management changes and departures in anticipation of the planned acquisition of XL by AXA.French insurer AXA SA has agreed to buy XL Group Ltd. for $15.3 billion in cash in a bid to capture a bigger...
May 15 2018 // Seeman Holtz Property & Casualty Inc., based in Boca Raton, Florida has acquired First Choice Insurance Agency Inc., headquartered in Poplar Bluff, Missouri.First Choice Insurance has been serving the Poplar Bluff,...
May 11 2018 // Florida-based Seeman Holtz Property & Casualty Inc. has acquired the book of business of Affiliated Insurance Managers Inc., headquartered in Morgan City, Louisiana. With over 30 years of serving the state of...
May 9 2018 // Zurich Insurance has no plans for a big merger, it said on Wednesday, despite speculation of a pick-up in dealmaking in the industry and that the Swiss company could get involved.The insurer’s comments came as it...