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Kingsway Financial Services is Among the Companies in the Property & Casualty Insurance Industry
Below are the top five companies in the Property Casualty Insurance industry as measured by their Debt To Asset ratio. The Debt/Asset ratio shows the proportion of a company's assets that are financed through debt. If the ratio is greater t... -
Highest Dividend Yield in the Property & Casualty Insurance Industry Detected in Shares of Univer
Below are the top five companies in the Property Casualty Insurance industry as measured by dividend yield. Dividends can enhance returns for investors seeking income in addition to capital gains. Universal Insurance Holdings (AMEX:UVE) ran... -
Markel Ventures acquires assets and operations of Solbern
Markel Ventures, Inc. has acquired the assets and operations of Solbern, LLC, a manufacturer of food processing equipment for both domestic and international markets. All the entities involved in the transaction are based in the US. Markel... -
Deposits grow 6.6% as investors seek safety
As investors fled stocks and money-market mutual funds for CDs, bank deposits in Hampton Roads grew 6.6 percent in the 12 months through June, according to the Federal Deposit Insurance Corp. Deposits, the raw material for many loans, tend... -
PICC P&C Reinsured Hijacked Cargo Ship
The Chinese cargo ship that was hijacked in the India Ocean belongs to Qingdao Ocean Shipping Co., a unit of China Ocean Shipping (Group) Co. (COSCO), and is underwritten by the Qingdao Branch of PICC Property and Casualty Co., Ltd. (SEHK:... -
P/C Insurers Look to Avoid Federal Consumer Protection Agency
The House Financial Services Committee has adopted an amendment ensuring that all lines of property/casualty insurance would be exempted from the jurisdiction of the new proposed federal Consumer Financial Protection Agency. Proposed by Rep... -
Georgia's Supreme Court ruled 5-2 in favor of State Farm Mutual Auto Insurance Co., deciding that pol
Georgia's Supreme Court ruled 5-2 in favor of State Farm Mutual Auto Insurance Co., deciding that policyholders cannot engage in so-called stacking of uninsured motorist coverage from several commercial policies to maximize coverage of one... -
American Integrity, Florida Peninsula Ready to Take Dropped Nationwide Policies
Florida domestic insurers, American Integrity Insurance Group and Florida Peninsula Insurance Co., each say they are ready to offer homeowners insurance coverage to Nationwide Insurance policyholders slated to be dropped by the insurer next... -
County may face cash flow problem: Bond insurer is reluctant to back $18 million for the county due t
Luzerne County's borrowing of $18 million to get through 2009 has been stalled by reluctance of a bond insurer to back the deal, which means the county could be facing a cash flow problem, county Budget/Finance Chief Tom Pribula said during... -
AmTrust Invests in JV to acquire GMAC's U.S. insurance unit
AmTrust Financial Services has entered into an agreement to make a strategic investment in American Capital Acquisition or ACTA, in connection with the acquisition by the CAAC Consumer Goods GMAC U.S. and casualty insurance business. AmTrus... -
House That Hank Built To Become Homes
American International Group Inc.s New York headquarters building soon may have some new tenants. Thats because real estate developer Young Woo, who bought the building from AIG earlier this year, intends to convert the top 40 floors of the... -
House Approves Rep. Moore's Insurance Bill For Third Time
Rep. Dennis Moore, D-Kan. (3rd CD), issued the following news release: Congressman Dennis Moore [Third District - Kansas] announced Wednesday the unanimous House passage of H.R. 2571, the Nonadmitted and Reinsurance Reform Act, a bipartisan... -
Swiss Re Chief Underwriting Officer Warns of Casualty 'Bubble'
Interest rates, the threat of inflation and underpriced casualty business in the insurance industry are all issues on the mind of Swiss Re's Chief Underwriting Officer Brian Gray. The biggest impact of the recession from an underwriting per... -
New Consumer Protection Agency Proposal Eases Oversight
Rep. Barney Frank, the chairman of the House's Financial Services Committee who originally introduced the bill to establish a Consumer Financial Protection Agency, has released an updated draft of that bill. Though it makes a number of conc... -
Uninsured Drivers On The Increase
FLINT, UNITED KINGDOM -- (MARKET WIRE) -- 09/25/09 -- Ashton West, chief executive of the Motor Insurers Bureau (MIB), has revealed that the number of drivers caught each year driving without insurance is increasing significantly. It is calc... -
Trade Concession With Canada Puts All U.S. Drivers At Risk
Canadian trucks and buses on U.S. roadways could escape responsibility for damages if U.S. rules on how the vehicles are insured are relaxed. The National Association of Insurance Commissioners (NAIC) review of a proposal to loosen the requ... -
NAIC Credit-Scoring Inquiry Looks Into Insurance-Scoring Firms
Two National Association of Insurance Commissioners standing committees evaluating credit-based insurance scoring turned their sights to the firms that provide insurance-scoring services to insurance companies, exploring whether they should... -
Wet 'n Wild Insurance
Wet 'n wild insurance: specialized insurance contracts can help organizations protect revenue should water scarcity put a damper on operations, yet some businesses still seem to prefer praying to the Rain Gods; ALTERNATIVE RISK Brodsky, Mat... -
W. R. Berkley Names Senior Vice President of Human Resources
W. R. Berkley Corp. (NYSE: WRB ) said it has named Carol J. LaPunzina as senior vice president of human resources, a new position. She will be responsible for human resource operations and personnel development for the corporation. LaPunzin... -
Highline Data Analysis Shows P&C Industry Net Income Down 54%, Life Insurance Industry Shows Sign
The property and casualty insurance industry continued to decline in the second quarter of 2009, with a 54.3% year-over-year drop in net income, according to the Highline Data Performance Monitor. This drop comes on the heels of last quarter...
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Zurich enhances EPLI coverage
Zurich, a property and accident insurance, has announced improvements to its employment practices liability... -
Golden Eagle Insurance Offers O
SAN DIEGO--(BUSINESS WIRE)--Golden Eagle Insurance, a Liberty Mutual Agency Markets regional company,... -
Travelers Names Personal Lines
Travelers Cos. announced two executive appointments in its personal lines business operations. Doreen... -
State hit with rising insurance
In the midst of recession, the cost of car and home insurance is increasing for many Georgians. And if... -
Contaminated Drywall May Lead t
(BestWire Services Via Acquire Media NewsEdge) The use of contaminated drywall imported from China is... -
Allianz, Allstate units vulnera
Copyright 2009 TheStreet.com, Inc.All Rights Reserved TheStreet . com April 3, 2009 Friday 24:59 AM EST... -
Florida Denies State Farm Reque
(BestWire Services Via Acquire Media NewsEdge) The saga that is State Farm Florida's attempt to leave... -
AIG to put property and casualt
NEW YORK, April 21 (Reuters) - American International Group Inc said on Tuesday it will place AIU Holdings... -
Auto-Owners Insurance Group Joi
DES PLAINES, Ill., May 7 /PRNewswire-USNewswire/ -- The National Insurance Crime Bureau (NICB) announced... -
Fitch Takes Rating Action on U.
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has taken rating action on nine U.S. collateralized debt obligations...
Featured
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Home and car insurance set to r
TORONTO Home and car insurance premiums are set to rise across the industry, ING Canada warned yesterday... -
Allstate Renames Two Florida Su
Allstate Insurance Co. has renamed two Florida property/casualty subsidiaries, the company said. Allstate... -
AIG Property/Casualty Unit, AIU
AIU Holdings Inc. has named Robert S. Schimek chief financial officer, the company said. AIU Holdings... -
H Best Affirms Ratings of Chubb
H Best Affirms Ratings of Chubb Corporation and its subsidiaries, AM Best Company NewsRx.com H Best Co.... -
AIU Holdings’ Private Client
NEW YORK--(BUSINESS WIRE)--Private Client Group, a division of AIU Holdings, today announced the introduction... -
Intuit Payroll and The Hartford
Intuit Payroll and The Hartford Simplify Workers' Comp premium payments for small businesses Business... -
Perspectives: As Video Surveill
Here's a little brain teaser: Is it OK to put up fake cameras on your commercial property to deter crime?... -
U.S. Property/Casualty Industry
OLDWICK, N.J.--(BUSINESS WIRE)--The U.S. property/casualty industry was impacted by a series of unprecedented... -
Miss A Car Payment, Have Your C
Copyright 2009 Sun-Sentinel CompanyAll Rights Reserved Sun-Sentinel (Fort Lauderdale, Florida) April 15,... -
New Jersey PIP Schedule Can Be
After more than two years in waiting, a personal injury protection medical fee schedule is cleared for... -
Michigan's Top Court to Rule on
The Michigan Supreme Court will determine whether the state may ban the use of credit-based insurance... -
Kentucky Farm Bureau Deals With
Kentucky Farm Bureau Deals With Ice few months after Hurricane Ike claims history Chad Hemenway The recent...
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