All the headlines from our Property Casualty Topic Page, ordered by recency.
Jan 22 2018 // Anna Alexopoulos Farrar has joined the Florida Department of Financial Services (DFS) as Communications director, according to a statement by Chief Financial Officer Jimmy Patronis. In this capacity, she will oversee the...
Jan 19 2018 // The performance of the commercial automobile segment continued to deteriorate through third quarter 2017, according to a new A.M. Best report.Commercial auto has been a sore spot in the property/casualty for several years....
Jan 18 2018 // Mergers and acquisitions of insurance agencies last year broke all records in 2017, according to OPTIS Partners’ annual report. The OPTIS database recorded 604 deals in the United States and Canada in 2017, a 31...
Jan 17 2018 // Charlotte-based global wholesale broker AmWINS Group announced that Scott M. Purviance will succeed M. Steven DeCarlo as the company’s chief executive officer, effective May 1, 2018.DeCarlo, who has served as CEO of...
Jan 17 2018 // Alera Group, a national employee benefits, property and casualty, risk management and wealth management firm, has acquired FIRM Inc., an insurance agency located in Mahwah, N.J. Terms of the transaction were not...
Jan 12 2018 // J.M. Wilson has hired Taylor James as assistant property/casualty underwriter in its Westerville, Ohio, office.James is responsible for assisting underwriters on a wide variety of property and casualty risks, as well as...
Jan 12 2018 // Hub International Ltd. (Hub), the Chicago-based insurance brokerage, announced it has acquired a property and casualty insurance book of business from Montreal broker Daniel Picard.Terms of the acquisition were not...
Jan 10 2018 // Ratings firm A.M. Best said it is maintaining its 2018 outlook for the U.S. property/casualty reinsurance sector at negative, citing the “pronounced pressure on U.S. property catastrophe rates as the alternative...
Jan 8 2018 // S.S. Nesbitt & Co. Inc. (SSN), a Southeastern insurance agency and division of EBSCO Industries, Inc. (EBSCO), has appointed Mike Roman as vice president of its property and casualty sales. Roman is joining senior vice...
Jan 8 2018 // Oklahoma City-based independent insurance agency, INSURICA, has named Mark Bridges to lead its Texas operations as regional president.Bridges is currently the president of INSURICA DFB Insurance Services Inc. (formerly DFB...
Jan 8 2018 // Two additional property/casualty insurance carriers have been approved to conduct business in Arkansas.The Arkansas Insurance Department (AID) announced in December that Lemonade Insurance Co., has received a Certificate...
Jan 5 2018 // Bermuda’s PartnerRe Ltd. announced that Charles Goldie, formerly CEO of Specialty Lines, has been appointed CEO of Property & Casualty, following the retirement of Tad Walker who previously filled that...
Jan 4 2018 // Armour, a Bermuda-based P/C run-off insurance business, announced it has raised up to $500 million to form a reinsurance group called Armour Group Ltd.The equity commitments were made in partnership with an investor group...
Jan 4 2018 // AmWINS Group, Inc., a global distributor of specialty insurance products and services, has reached a definitive agreement to acquire Seacoast Brokers, LLC, a South Carolina-based personal lines specialty MGA that designs,...
Jan 3 2018 // Florida-based Seeman Holtz Property & Casualty, Inc. has acquired J & A Insurance and More, Inc., headquartered in West Palm Beach, Florida.Led by Jacqueline Estevez and her team, the company has offered...
Jan 2 2018 // Boca Raton, Florida-based Seeman Holtz Property & Casualty Inc. has acquired Dash Insurance Agency, headquartered in Houston, Texas.Dash Insurance Agency provides full auto and liability insurance products and services...
Dec 29 2017 // It wouldn’t feel right to close out the year without looking back at the most popular stories on Insurance Journal during the past 12 months. Here are the national stories that attracted the most readers in 2017,...
Dec 22 2017 // Congress has passed and President Donald Trump has signed the Tax Cuts and Jobs Act (HR1) into law. It is the biggest tax change in 30 years.Under the legislation, insurers, agencies and other businesses organized as C...
Dec 22 2017 // The Insurance Council of Texas (ICT) has awarded academic scholarships to two students at Texas Southern University (TSU) in Houston and three students at Huston-Tillotson University (H-T) students in Austin. ICT honored...
Dec 18 2017 // InsurTech leaders speaking at the InsureTech Connect Conference in October had a message for traditional insurers they have probably heard before: The language that insurance agents and carriers use is creating a gulf...