All the headlines from our Property Casualty Topic Page, ordered by recency.
Nov 6 2017 // Los Angeles, Calif.-based Worldwide Facilities has named Cameron Kelly its chief operating officer.Kelly will be responsible for managing the company’s production offices, compliance, and acquisition integration. He...
Nov 3 2017 // Without legacy systems to drag down their efforts, companies in emerging market—and China, in particular – may be poised to outpace U.S. and European counterparts developing insurtech innovations.Unencumbered by legacy...
Nov 2 2017 // Managing general agency and surplus lines broker, J.M. Wilson, has hired Brian Kane as assistant property/casualty underwriter in its Arlington Heights, Illinois, office. Kane has more than 17 years of experience in the...
Nov 2 2017 // Stephens Insurance LLC, an affiliate of Stephens Inc., has hired industry veterans Leigh Ellis and Will Ogilvie in its Houston office.Ellis joins Stephens as a senior vice president in the commercial property/casualty...
Nov 1 2017 // Property/casualty insurance software provider Guidewire Software announced a transition in its sales and operations leadership, and the closure of its previously announced acquisition of Cyence.Guidewire announced that...
Nov 1 2017 // Swiss Re has appointed Jason Richards as head Casualty Reinsurance. At the same time, Nicola Parton was named head P/C Business Management, and James Shepherd was appointed head of L&H Business Management.Richards will...
Oct 31 2017 // For the commercial property and casualty, and employee benefits segments of the insurance industry, anti-rebating laws are both nonsense and anti-consumer. Competition is intended to protect competitiveness in the...
Oct 30 2017 // The worst hurricane season in modern U.S. history is starting to look like a blip on the charts of insurance stocks, with investors banking on a quick restoration of capital as firms rediscover pricing power. It’s a...
Oct 27 2017 // Chubb, like other property/casualty insurers and reinsurers, faced significant catastrophe losses from hurricanes and earthquakes that struck in August and September. The insurer reported a net loss of $70 million for the...
Oct 25 2017 // Boca Raton, Florida-based Seeman Holtz Property & Casualty Inc. has acquired Williams & Associates Insurance, headquartered in Indianapolis, Indiana. Led by Scott Davis, Williams & Associates has offices in...
Oct 23 2017 // While the U.S. property/casualty insurance industry is well capitalized and market sentiment is mostly positive, it still faces economic and market-based headwinds that will challenge its profitable growth going forward.In...
Oct 20 2017 // EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, has opened operations in Pittsburgh, Penn., with the hiring of Sean Andreas, Al Dragotto, Kurt...
Oct 20 2017 // The number of insurance agency mergers and acquisitions over the first nine months of the year rose from 350 in 2016 to 457 this year, OPTIS Partners’ new quarterly report reveals. There were 132 deals announced...
Oct 19 2017 // 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...
Oct 17 2017 // Insurance rating agency A.M. Best announced the publication of the updated Best’s Credit Rating Methodology (BCRM) on Friday, and also announced the names of several insurance and reinsurance groups that the rating...
Oct 16 2017 // Moody’s released a report on Monday assessing the impact of the wildfires in California on property/casualty insurers.“Based on history and the number of structures damaged, insured losses will run into the...
Oct 16 2017 // Insurance Journal today launched a contest in conjunction with Insurance Careers Movement on what young insurance professionals believe is the coolest part of their job. It’s a bit tricky, however, because...
Oct 10 2017 // Losses from Hurricane Maria and other recent natural disasters, including hurricanes Irma and Harvey, the Mexico City earthquake and other events, have led global insurers and reinsurers to issue profi warnings.tBelow are...
Oct 6 2017 // Guidewire Software Inc., a provider of core operations software to property/casualty insurers, has agreed to acquire Cyence, a data science and risk analytics software company.Guidewire will pay approximately $275 million...
Oct 6 2017 // EPIC Insurance Brokers and Consultants has named Tim House a property/casualty insurance broker/producer in the Fresno, Calif. office. House will be responsible for new business development and the design and management of...