All the headlines from our Property Casualty Topic Page, ordered by recency.
Mar 7 2016 // Private passenger automobile insurance remains one of the most competitive segments in the U.S. property/casualty industry, with a number of large, well capitalized organizations battling for market share and searching for...
Mar 6 2016 // Pricing improvements over several years have propelled returns for U.S. regional property/casualty insurers, according to Fitch Ratings. While the majority of North American publicly-traded insurers experienced flat to...
Mar 3 2016 // Over the next two years, many property/casualty insurers expect to advance their use of predictive analytics to both improve business performance and leverage big data, according to Willis Towers Watson, which adds that...
Mar 1 2016 // The National Association of Insurance Commissioners (NAIC) has published market share data indicating the degree of market concentration in property/casualty insurance.The 2015 market share data for property/casualty...
Mar 1 2016 // Clarification: This article first ran a year ago, in February, 2015, on Carrier Management.com. It is not Willis Towers Watson’s most recent survey on insurers’ use of predictive modeling. For a report on...
Feb 29 2016 // EPIC Insurance Brokers & Consultants has hired Steve Hall as a property/casualty insurance broker/producer.Hall will be based in EPIC’s Concord, Calif. office and report to Curt Perata, regional director of...
Feb 28 2016 // State Farm Mutual Automobile Insurance Co., the largest U.S. property/casualty insurer, said 2015 profit rose 48 percent on investment gains tied to pharmaceutical holdings.Net income increased to $6.2 billion from $4.2...
Feb 26 2016 // New Jersey Gov. Chris Christie’s administration issued a statement this week reminding insurance agents, contractors and other interested parties in the state that the new certificates of insurance law will take...
Feb 25 2016 // Alan Krapf, president of San Antonio-based USAA Property and Casualty Insurance Group, has announced his intention to retire. USAA has begun the process of identifying internal and external candidates for the role. Once a...
Feb 22 2016 // Direct premium written (DPW) for property/casualty insurance companies continues to increase, albeit gradually, according to a Demotech analysis. At year-end 2014, more than $570 billion of DPW was reported, a record-high...
Feb 19 2016 // San Diego, CA, February 19, 2016- Insurance Journal TV offers exclusive new video segments from Patricia Henry’s interview with Carrier Management.A property/casualty insurance organization as big as Chubb has a lot...
Feb 16 2016 // San Diego, CA, February 16, 2016- L.S. Howard has been appointed international editor for Insurance Journal and Carrier Management. She is based in London.Howard succeeds Charles E. Boyle, who retired at the end of 2015...
Feb 12 2016 // Disappointing underwriting and investment returns resulted in American International Group Inc. reporting an operating loss of $1.3 billion for the fourth quarter of 2015, compared to operating income of $1.4 billion in...
Feb 12 2016 // John Paulson and Carl Icahn, who became billionaires by identifying mispriced securities and pushing for corporate shakeups, face a new challenge after winning seats on the board of American International Group Inc., the...
Feb 11 2016 // Kemper Corp.’s Denise I. Lynch is leaving her position as Property/Casualty group executive, effective immediately, to pursue other opportunities, the insurer said.The news comes after Kemper reported its P/C segment...
Feb 10 2016 // When agency consultants at Reagan Consulting hosted more than 150 industry leaders at a workshop on agent/broker mergers and acquisitions (M&A) recently, the mood was upbeat, since brokers are enjoying their best...
Feb 9 2016 // Chicago-based independent regional wholesale insurance brokerage and general agent, Donald Gaddis Co. Inc., has hired Angela Cale as a senior property/casualty broker. Cale has 23 years of experience in the excess and...
Feb 9 2016 // Insurance agency and brokerage organic revenue growth slowed to 4.6 percent for 2015, according to the latest Reagan Consulting Organic Growth and Profitability (OGP) survey. That was down from the organic growth of 6.2...
Feb 8 2016 // When agency consultants at Reagan Consulting hosted more than 150 industry leaders at a workshop on agent/broker mergers and acquisitions (M&A) recently, the mood was upbeat, since many brokers have continued to enjoy...
Feb 8 2016 // Narragansett Bay Insurance Company (NBIC), a Rhode Island-based specialty underwriter of homeowners insurance products and services in states along the Eastern Seaboard, said the company has been approved by the...