All the headlines from our Property Casualty Topic Page, ordered by recency.
Oct 7 2013 // Too many cooks spoil the broth?Not at Senn-Dunn Insurance. The Greensboro, N.C., agency — the 2013 winner of Insurance Journal‘s Best Agency to Work For in the Southeast — has 22 owners. That’s about 15...
Oct 7 2013 // Fair, professional, ethical and transparent – just a few of the words employees used to describe Insurance Journal‘s 2013 Best Overall Agency to Work For: Adrian, Mich.-based Kapnick Insurance Group.“Kapnick...
Oct 4 2013 // The New Jersey Department of Banking and Insurance recently announced a new data call request to the insurance industry to evaluate Superstorm Sandy-related claims and monitor market conditions for property/casualty...
Oct 3 2013 // If and when the federal government resumes operations, a multistate producer licensing reform bill long pushed by the country’s insurance agent lobby could be among the few bipartisan pieces of business Congress...
Oct 3 2013 // Private U.S. property/casualty insurers’ net income after taxes rose to $24.5 billion in first-half 2013 from $17.2 billion in first-half of last year.Insurers’ overall profitability as measured by their...
Oct 1 2013 // CNA Financial Corp., the insurer controlled by Loews Corp., is looking to sell its payout annuities business to focus on property and casualty coverage, three people with knowledge of the matter said.CNA is working with...
Oct 1 2013 // Florida homeowner insurer Heritage Property & Casualty Insurance has named Mel Russell as its new chief underwriting officer, executive vice president and director of Sales and Marketing. Russell has 36 years of...
Sep 30 2013 // If Congress fails to agree by midnight tonight on a resolution to continue funding the federal government, the property/casualty insurance industry should not be seriously affected by the resulting shutdown.The insurance...
Sep 27 2013 // Florida’s Consumer Advocate Robin Westcott has resigned to become the vice president of the American Association of Insurance Services, an Illinois-based industry organization that develops standardized forms and...
Sep 27 2013 // Socius Insurance Services Inc., a management liability and property/casualty insurance wholesaler, announced it has hired Matt Dross as vice president, Property /Casualty Practice. Dross will be based in Tampa,...
Sep 26 2013 // U.S. property and casualty (P/C) insurers continue to release reserves to support earnings, said Moody’s Investors Service in two recent reports.U.S. P/C insurers released $9.0 billion of reserves during the first...
Sep 25 2013 // A high tech start-up is promising to raise the standard for determining “insurance to value” by giving property/casualty insurance companies and brokers access to real-time data on their upscale insureds’...
Sep 23 2013 // Surplus lines insurers in 2012 posted one of their worst years overall as their underwriting performance fell below that of the total property/casualty (P/C) industry for the first time in more than a decade.Much of the...
Sep 23 2013 // The surplus lines industry is letting the good times roll. Well, not exactly. But times are good and getting better for wholesalers and insurers doing business in the specialty insurance market, experts say.That’s...
Sep 18 2013 // Independent insurance wholesaler, All Risks Ltd., announced the opening of an office in Metairie, La.This is the twenty-second office for All Risks. With three insurance professionals with extensive and diverse...
Sep 18 2013 // Research by Aon shows that more than 85 percent of insurers will no longer insure terror risk if the federal backstop goes away.The brokerage firm revealed the conclusion based on its “market intelligence” in a...
Sep 13 2013 // The Affordable Care Act (ACA) has accelerated change and confusion in the health insurance marketplace and businesses and individuals are counting on their insurance agents and brokers to help them understand the...
Sep 11 2013 // Former American International Group Inc. chief Maurice “Hank” Greenberg has a new business partner: the U.S. taxpayer.Greenberg’s Starr Indemnity & Liability Co. is one of 18 companies approved to get...
Sep 10 2013 // Running a successful insurance agency business is tough enough by itself but some insurance pros are taking it one step further. They manage to juggle multiple careers in insurance and politics.Pennsylvania State Sen. John...
Sep 10 2013 // Those who have worked in the insurance industry and now practice politics in the Midwest say they are able to provide valuable insight into policies and insurance laws that affect their state’s important industries...