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Property and Casualty News

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The latest news, regulation and trends in property & casualty insurance.

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Rating Agencies Downgrade CNA, Hartford After ’08 losses

February 23, 2009

Copyright 2009 Crain CommunicationsAll Rights Reserved Business Insurance February 16, 2009 NEWS; Pg. 22 870 words Rating agencies downgrade CNA,…

Ohio Drops Lead Paint Cleanup Lawsuit; New Attorney General Ends Effort To Compel Paint Makers To Pay

February 23, 2009

Copyright 2009 Crain CommunicationsAll Rights Reserved Business Insurance February 16, 2009 NEWS; Pg. 4 565 words Ohio drops lead paint…

Nationwide Mutual: Jurgensen Out, Rasmussen in as CEO

February 22, 2009

Copyright 2009 A.M. Best Company, Inc.All Rights Reserved BestWire February 20, 2009 Friday 10:11 AM EST 522 words Nationwide Mutual:…

Insurers, Advocates Make Cases on Credit Scoring at Florida Hearing

February 20, 2009

Copyright 2009 A.M. Best Company, Inc.All Rights Reserved BestWire February 19, 2009 Thursday 04:54 PM EST 482 words Insurers, Advocates…

Swiss Re Posts 2008 Loss, Cancels Rights Issue

February 20, 2009

Copyright 2009 A.M. Best Company, Inc.All Rights Reserved BestWire February 19, 2009 Thursday 06:56 AM EST 570 words Swiss Re…

Travelers SelectOne® Offers Insurance Companies Broad Coverage in Tough Economic Times

February 19, 2009

Business Editors SAINT PAUL, Minn.–(BUSINESS WIRE)–February 19, 2009–As mounting economic uncertainty leads to new and increasingly complex business challenges for…

2009 Seen as Transition Year for Captives

February 18, 2009

The growth in captive insurance companies was held hostage for the past year, but regulators and industry participants are optimistic…

Harvard-Sponsored Medical Malpractice Risk Retention Group Puts Safety First – Leads National Movement to Improve Care

February 18, 2009

Copyright 2009 Insurance Communications The Risk Retention Reporter February 2009 Vol. 23, No. 2 1468 words Harvard-Sponsored Medical Malpractice Risk…

First Mercury Financial Corporation Launches CoverX Professional Liability Business Unit

February 17, 2009

SOUTHFIELD, Mich., Feb. 17 /PRNewswire-FirstCall/ — First Mercury Financial Corporation (NYSE: FMR) ("First Mercury" or the "Company") announced today that…

H.E.A.T. Reports Shift in Auto-Related Crime Activity

February 17, 2009

Auto Thefts Down, Carjackings and Fraud on the Rise LIVONIA, Mich., Feb. 17 /PRNewswire/ –H.E.A.T. (Help Eliminate Auto Thefts) responded…

Florida Peninsula Insurance Company Advises State It Is Prepared to Take On up to 100,000 State Farm Policies

February 17, 2009

BOCA RATON, FL, February 17 / MARKET WIRE/ — Florida Peninsula Insurance Company, a domestic property and casualty company writing…

Teens Address Their Number One Killer – Car Crashes

February 17, 2009

BLOOMINGTON, Ill., Feb. 17 /PRNewswire/ — With motor vehicle crashes the leading cause of death for teenagers in the United…

N.D. House Votes Down Workers’ Comp Measures

February 16, 2009

Copyright 2009 A.M. Best Company, Inc.All Rights Reserved BestWire February 13, 2009 Friday 04:49 PM EST 268 words N.D. House…

Car Insurance Shopping Trends – The Web vs. Agent

February 16, 2009

In a recent study by AutoInsuranceQuotes.com, it was revealed that 94 percent of surveyed drivers prefer shopping for auto insurance…

Marsh: Property Insurers Concentrating on Risk Management

February 15, 2009

The AMBG closed Wednesday, Feb.11, at 617.48 (+0.50%). Of the 15 A.M. Best stock indexes, 10 rose and five declined….

Two Charged In Fraud Scheme Against Liberty Mutual Insurance

February 13, 2009

Copyright 2009 States News Service States News Service February 12, 2009 Thursday LENGTH: 310 words HEADLINE: TWO CHARGED IN FRAUD…

Former Oklahoma Commissioner Sentenced After ‘No Contest’ Plea

February 13, 2009

Copyright 2009 A.M. Best Company, Inc.All Rights Reserved BestWire February 12, 2009 Thursday 02:41 PM EST 363 words Former Oklahoma…

AIG’s Bench Strength Tested As Execs Depart

February 11, 2009

Copyright 2009 A.M. Best Company, Inc.All Rights Reserved BestWire February 9, 2009 Monday 09:21 AM EST 684 words AIG’s Bench…

Former Insurance Commissioner Carroll Fisher Sentenced To 6 Months

February 10, 2009

Feb. 10–Former Insurance Commissioner Carroll Fisher was sentenced Monday in a bribery case to six months in a private lock-down…

State Farm Florida Gives Policyholder Information to Regulators

February 10, 2009

State Farm Florida is thought to have complied with a request from the Florida Office of Insurance Regulation for information…

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