All the headlines from our Property Casualty Topic Page, ordered by recency.
Mar 26 2015 // Insurance wholesaler J.M. Wilson has promoted Jenna Caschetta to property/casualty underwriter in its Arlington Heights, Ill., office and added Gerry McCabe as P/C underwriter.Caschetta is responsible for quoting new and...
Mar 23 2015 // Insurance Journal reported on more than 200 deals involving agencies’ or brokerages’ mergers and acquisitions in 2014. Activity was busiest in the first and fourth quarters, with more than 60 announcements...
Mar 23 2015 // According to analysts, technologists, aggregators and others, the independent agency system is in trouble.Somebody forget to tell independent agents. Or more to the point, the doomsayers perhaps didn’t notice that...
Mar 23 2015 // A new private contractor is being hired to oversee claims processing and loss prevention services for Louisiana’s self-insurance program.The Office of Risk Management announced that Sedgwick Claims Management...
Mar 18 2015 // Citing uncertainty following the Boston Marathon bombing almost two years ago, risk managers are urging the federal government to set a deadline for certifying if an event is an act of terrorism and also use...
Mar 17 2015 // Two major organizations that supply standard forms, rating information and policies to the property/casualty insurance industry have agreed to work more closely together.The American Association of Insurance Services...
Mar 17 2015 // Some people call it the “light bulb effect” — that point in a learning experience when a previously opaque concept suddenly seems crystal clear.For Christopher J. Boggs, that light bulb effect is the most...
Mar 17 2015 // Merger and acquisition activity in the property/casualty industry is increasing in deal value and will likely expand from reinsurers to primary carriers, according to two new industry reports.Deloitte said that the average...
Mar 16 2015 // A new private contractor is being hired to oversee claims processing and loss prevention services for Louisiana’s self-insurance program.The Office of Risk Management announced that Sedgwick Claims Management...
Mar 12 2015 // According to analysts, technologists, aggregators and others, the independent agency system is in trouble.Somebody forget to tell independent agents. Or more to the point, the doomsayers perhaps didn’t notice that...
Mar 12 2015 // SCOR announced it has made two underwriting appointments at its SCOR Global P&C unit.First, it appointed Umberto Gavazzi as chief underwriting officer for the Worldwide Treaty P&C operations of SCOR Global P&C,...
Mar 11 2015 // Royal Bank of Canada is reviewing its domestic property and casualty insurance business, Chief Executive Officer David McKay said, citing difficulties caused by rules that ban banks from selling coverage in...
Mar 9 2015 // February storms in the U.S. are expected to cost insurers more than $1 billion, according to the latest Global Catastrophe Recap from Aon Benfield’s Impact Forecasting.Five separate storm systems hit the U.S. during...
Mar 9 2015 // About two-thirds of insurance carriers expect to hire more employees this year, a new survey finds.According to the semi-annual U.S. Insurance Labor Outlook Study conducted by The Jacobson Group and Ward Group, 66 percent...
Mar 9 2015 // As an independent insurance agent you’re an expert in many things. You understand the right questions to ask in order to provide the right level of coverage. You know how to overcome price sensitivity by explaining...
Mar 4 2015 // Carrier Management Special ReportWarren Buffett’s insurance beginnings and predictions; breaking out the insurance and reinsurance results; the growth and expectations for Berkshire Hathaway Specialty Insurance;...
Mar 4 2015 // State Farm reported an underwriting loss in 2014, though investment and other income still helped leave it with an operating profit.The insurer’s combined property/casualty underwriting loss landed at $939 million,...
Mar 4 2015 // With the dramatic increase in the number of earthquakes in Oklahoma — which some say are at least partly attributed to waste water injection wells related to the practice of hydraulic fracturing in oil and gas drilling...
Feb 27 2015 // About two-thirds of insurance carriers expect to hire more employees this year, a new survey finds.According to the semi-annual U.S. Insurance Labor Outlook Study conducted by The Jacobson Group and Ward Group, 66 percent...
Feb 27 2015 // Sunrise, FL, February 27, 2015 – MacNeill Group, a wholly-owned subsidiary of Team Focus Insurance Group (Team Focus), and a licensed managing general agent (MGA) specializing in commercial, personal, transportation and...