All the headlines from our Property Casualty Topic Page, ordered by recency.
Jan 4 2016 // Cleveland, Ohio-based insurance brokerage Britton Gallagher has added Howard Danziger in its Global Property and Casualty division.Danziger has over 28 years of experience in the insurance industry as both a risk manager...
Dec 30 2015 // NFP Property & Casualty has acquired San Diego, Calif.-based Vanorsdale Insurance Services Inc.Terms of the deal were not disclosed. The firm’s president, Doug Galloway, will assume the role of director of NFP...
Dec 30 2015 // After a banner 2015 for the U.S. property/casualty insurance sector, pricing pressures will lead to stagnation or rate declines in 2016, Kroll Bond Rating Agency Inc. predicted.Pricing will either be flat or down over the...
Dec 30 2015 // The year 2015 was a year during which the property/casualty insurance industry worried and learned about disruptive forces, new competitors, new leaders and emerging risks. Also, some of the industry’s news revived...
Dec 29 2015 // NFP Property & Casualty has acquired Lake Havasu City, Ariz.-based Absolute Advantage Insurance Services LLC.The deal transaction closed on Dec. 4. Absolute will operate from the existing NFP office in Lake Havasu...
Dec 29 2015 // During the course of 2015, Insurance Journal published numerous property/casualty insurance lists and rankings. The following were the most popular. Top P/C Insurance Lists and Rankings of of 2015 Top 100 Independent...
Dec 28 2015 // AXA announced it will acquire Liberty Ubezpieczenia, the Polish property & casualty operations of Liberty Mutual Insurance Group for 92.3 million Polish Zloty ($23 million), plus the net asset value outstanding as of...
Dec 28 2015 // ACE Group announced the future commercial property & casualty leadership team for the new Chubb Group in Asia Pacific. These appointments will take effect upon completion of the acquisition of Chubb, which is expected...
Dec 27 2015 // During 2015, a surprising number of top executives of property/casualty insurance carriers stepped down, opening the door for new leaders at the helm of some of the industry’s best-known brands. The replacements and...
Dec 23 2015 // When many people in the insurance industry think of the City of Hope, they probably associate it with the well-publicized National Insurance Industry Council’s Spirit of Life Award gala each year that has raised...
Dec 23 2015 // Charity begins at home… and in the office.The year 2015 was a record-setting one for charitable giving and volunteering by property/casualty insurance professionals in offices across the insurance industry. Leading...
Dec 22 2015 // U.S. property/casualty insurers have increased their charitable giving by an average of 15 percent since 2011, to an industry total of $575 million, outpacing inflation and moving closer to what many industry leaders...
Dec 21 2015 // Maryland Insurance Commissioner Al Redmer, Jr. and Secretary of Agriculture Joe Bartenfelder will hold a joint meeting to promote awareness of insurance products available to the state’s agricultural community.The...
Dec 21 2015 // Standard & Poor’s Ratings Services has affirmed its ‘AA-‘ insurer financial strength rating and ‘AA-/A-1+’ long- and short-term counterparty credit ratings on Swiss-based global multiline...
Dec 21 2015 // When many people in the insurance industry think of City of Hope, they probably associate it with the well-publicized National Insurance Industry Council’s Spirit of Life Award gala each year that has raised millions...
Dec 21 2015 // Charity begins at home… and in the office.The year 2015 was a record-setting one for charitable giving and volunteering by property/casualty insurance professionals in offices across the insurance industry. Leading...
Dec 21 2015 // U.S. commercial insurance market segments, including directors and officers (D&O) liability insurance, are continuing to soften and are likely to stay on this path for the near-term even as several large competitors...
Dec 18 2015 // Property/casualty insurers continued to take down loss reserves for prior years in 2014, which marked the ninth straight calendar year of favorable development for the industry in aggregate, according to a new report from...
Dec 16 2015 // Universal Insurance Holdings Inc. in Fort Lauderdale, Florida, announced that its wholly-owned subsidiary Universal Property & Casualty Insurance Company (UPCIC) received a certificate of authority from the New...
Dec 15 2015 // Economical Insurance’s mutual policyholders voted on Monday to allow the Canadian property and casualty insurance firm to demutualize.Demutualization is a regulated process in which a mutual insurance company...