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By Phil Gusman, PropertyCasualty360.com, Chad Hemenway, PropertyCasualty360.com |
December 1, 2011
When looking at the property and casualty industry’s performance for the first nine months of 2011, or even just the third quarter, the news is the same: sharply declining profits and underwriting results compared to the same periods in 2010, according to three recent reports.
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By Phil Gusman, PropertyCasualty360.com |
November 22, 2011
Specialty commercial insurers continue to lead the way for property and casualty insurers’ underwriting results for this year’s first nine months, but results overall are down sharply compared to same period in 2010, according to a Fitch Ratings analysis.
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By Chad Hemenway, PropertyCasualty360.com |
October 3, 2011
Hurricane Irene has thus far caused more than $90 million in insured losses in Massachusetts.
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By Chad Hemenway, PropertyCasualty360.com |
September 29, 2011
Chubb Corp. says it estimates pretax losses of between $400 million and $475 million from catastrophes in the third quarter due to nine events in the United States.
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By Chad Hemenway, PropertyCasualty360.com, Mark E. Ruquet, Caroline McDonald, PropertyCasualty360.com |
September 22, 2011
Catastrophes continued to impact carriers through August, with personal-lines insurers reporting elevated claims activity for the month.
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By Chad Hemenway, PropertyCasualty360.com |
September 15, 2011
Allstate Corp. says it expects $735 million in August pretax catastrophe losses from eight events, including Hurricane Irene.
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By Robert Regis Hyle, PropertyCasualty360.com |
September 6, 2011
The class of 2011 has seen tremendous changes in the way the insurance industry operates and is eagerly positioning their companies to tackle the key issues that will likely face the industry in the next five years.
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By Staff Writer |
June 2, 2011
AAA Auto Club Group goes live with policy administration and billing software from CodeObjects. PolicyEnterprise and BillingEnterprise streamline policy administration, enhance underwriting accuracy and efficiency, and providing automated, real-time billing.
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By Arthur D. Postal, PropertyCasualty360.com |
December 2, 2010
American International Group was the apparent biggest user of the Federal Reserve Board's short-term lending facility after it ran into financial trouble starting in September 2008, according to documents released by the Fed Wednesday.
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By Arthur D. Postal, PropertyCasualty360.com |
October 11, 2010
The new Financial Stability Oversight Council is seeking input about what criteria should be used in placing non-bank financial companies, such as insurers, under its federal scrutiny.
