All the headlines from our Property Casualty Topic Page, ordered by recency.
Oct 5 2017 // Robin R. Rider has been named a client services executive in Lockton’s Mountain West office.She will serve the Denver, Colo. and Las Vegas, Nev. offices as a member of the property/casualty team. She has been working...
Oct 4 2017 // USI Insurance Services has named Chris Swensen property/casualty practice leader for its Salt Lake City, Utah, office. Swensen has 18 years of insurance industry experience, including group captives, professional...
Oct 3 2017 // A.M. Best has upgraded the Long-Term Issuer Credit Rating to “a+” from “a” and affirmed the Financial Strength Rating of “A” of Farm Bureau Property & Casualty Insurance Co. and...
Oct 3 2017 // Losses from Hurricane Maria and other recent 2017 natural catastrophes, including Hurricanes Irma and Harvey, the Mexico City earthquakes and other events, have led global insurers and reinsurers to issue profit...
Sep 29 2017 // Intact Financial Corp. said it has completed its acquisition of U.S. specialty insurer OneBeacon Insurance Group from Bermuda-based White Mountains Insurance Group. The purchase price was C$2.3 billion (US$1.7...
Sep 29 2017 // Generali Deutschland has launched the next phase of its program to reorganize in Germany, which is one of Generali’s core markets.The program is designed to strengthen and streamline operations, while building the...
Sep 29 2017 // Chubb Ltd. announced it has entered into a 15-year distribution agreement with DBS Bank, the largest banking group in Southeast Asia.Under the terms of the agreement, Chubb will distribute general insurance products on an...
Sep 28 2017 // Chubb Ltd. has estimated it will see more than $1 billion in third-quarter losses stemming from hurricanes Harvey and Irma, a substantial hit for the insurer and reinsurer.The loss estimate is preliminary. Further details...
Sep 27 2017 // The Texas Department of Insurance has issued a mandatory data call to both admitted and surplus lines insurance carriers seeking information about Hurricane Harvey-related claims in 62 counties impacted by the storm.The...
Sep 26 2017 // Seeman Holtz Property & Casualty, Inc. has acquired three different agencies in Florida as part of its geographic expansion and continued growth throughout the United States. The three Florida agencies most recently...
Sep 24 2017 // Seeman Holtz Property & Casualty Inc., based in Boca Raton, Florida, has acquired RateGenius Insurance Agency Inc., an affiliate of RateGenius, headquartered in Austin, Texas.Serving all of Texas for almost 10 years,...
Sep 19 2017 // Bold Penguin, a Columbus, Ohio-based insurtech providing an online marketplace for commercial lines property and casualty (P/C) agents, has hired former Ohio Deputy Treasurer Seth Metcalf as the company’s chief...
Sep 18 2017 // Seeman Holtz Property & Casualty Inc. has acquired DernCo Insurance, headquartered in Milwaukee, Wis.Serving both Wisconsin and Colorado for more than 25 years, Rich Dern and his team have been offering a full spectrum...
Sep 18 2017 // Detroit, Mich.-based H.W. Kaufman Financial Group named Daniel J. Kaufman senior vice president of corporate growth. Kaufman will continue to serve as managing director and lead the Chicago, Milwaukee, Pittsburgh and...
Sep 18 2017 // Integro Insurance Brokers has hired Michael McCarroll as senior vice president in the firm’s Woodland Hills, Calif., office.McCarroll will focus on developing new opportunities within the property/casualty, benefits...
Sep 18 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...
Sep 18 2017 // Direct premium written (DPW) for property/casualty insurance companies continues to increase, albeit gradually. At year-end 2016, approximately $606 billion of DPW was reported, a record high for the industry. For 2016,...
Sep 14 2017 // Seeman Holtz Property & Casualty, Inc. (SHP&C) has acquired Stirling Insurance Services, Inc., headquartered in Boca Raton, Florida.Stirling has served all of Florida for over 28, led by Terry Sgammato and his team...
Sep 7 2017 // NFP, an insurance broker and consultant that provides employee benefits, property & casualty (P&C), retirement and individual private client products, has acquired Beacon Insurance Group, Inc., of South...
Sep 5 2017 // BOLT Solutions Inc., a New York-headquartered provider of an online distribution and customer support platform for the property and casualty insurance industry, has hired Tom Temple as managing director of business...