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The following articles cover the Property/Casualty market as followed by our Best's Review and BestWeek publications. Best's Review and BestWeeksubscribers receive complete access to those respective articles. Visit our NewsRoom for complete archives and advanced search features.


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Building Codes Bill Clears House Committee: A U.S. House committee has passed bipartisan legislation to encourage the adoption and enforcement of statewide building codes. The Disaster ...
Date: 11/6/2009    Source: BestWire
Homeowners Choice Backs Off Attempt to Acquire 21st Century Holding: Florida domestic insurer, Homeowners Choice Inc., said for now it has ended its attempt to merge with fellow domestic insurer, 21st Century Holding ...
Date: 11/6/2009    Source: BestWire
After Third-Quarter Loss, RBS Restates Plan to Sell Insurance Arm: Royal Bank of Scotland Group plc, the government-controlled U.K. bank that reported a pretax loss of 2.1 billion pounds (2.34 billion euros) in the third ...
Date: 11/6/2009    Source: BestWire
Kingsway CEO: Despite Loss, Company Has Reached a Turning Point in Transformation Plan: Kingsway Financial Services Inc. reported a net loss of $118.1 million for the third quarter of 2009, compared with a loss of $17.4 million for the same period ...
Date: 11/6/2009    Source: BestWire
QBE Targets 24% Premium Growth In Australia With Help From Enhanced Distribution: Australia's QBE Insurance Group Ltd. [85434] said it targets a 24% growth in gross premium income to A$4.2 billion (US$3.8 billion) in 2010 for its Australian ...
Date: 11/6/2009    Source: BestWire
India's Oil Depot Fire in Jaipur Leads to Big Insured Loss: India's oil depot fire in Jaipur on Oct. 29 is expected to cause massive insurance claims for public and private nonlife insurers underwritten for the Indian ...
Date: 11/6/2009    Source: BestWire
RMS: Asteroids, One More Reason to Diversify Your Portfolio: Just more than 100 years ago, in rural Siberia, a comet or asteroid exploded with a force about 1,000 times more powerful than the nuclear bomb dropped over ...
Date: 11/6/2009    Source: BestWire
Excess/Surplus Lines Claims Association Changes Name: An evolving role and growing membership base has prompted a 40-year-old professional organization for senior claims professionals to change its ...
Date: 11/5/2009    Source: BestWire
Lower Cat Losses Help 3Q Profit as Allstate Takes 'Aggressive Stance' on Risk Management: Allstate Corp. jumped to a third-quarter profit, posting $221 million in net income, compared with a $923 million loss during the same time last year, as ...
Date: 11/5/2009    Source: BestWire
Chartis Continues to Rebrand Operating Units: Chartis Inc., the rebranded property/casualty operations of American International Group Inc., is continuing its plan to legally change the names of its ...
Date: 11/5/2009    Source: BestWire
Taiwan Motor Insurance Premiums See Downward Trend: Improvements in road safety, claims investigation and management systems have contributed to a downward trend in premium rates for automobile insurance in ...
Date: 11/5/2009    Source: BestWire
Report: Australia's Coastal Region Threatened by Rising Sea Level: A rising sea level as a consequence of climate change has created an urgent need to develop risk adaptation measures, including insurance, for Australia's ...
Date: 11/5/2009    Source: BestWire
W. Robert Berkley Jr. Named President, COO of W.R. Berkley Corp.: W. Robert Berkley Jr. has been named president and chief operating officer of W.R. Berkley Corp. effective immediately, the company said. Berkley has ...
Date: 11/4/2009    Source: BestWire
Hartford Narrows Net Loss as Unrealized Investment Losses Drop More Than 50%: Hartford Financial Services Group Inc.'s new Chairman and Chief Executive Officer Liam E. McGee said the company's third-quarter results -- a net loss of $220 ...
Date: 11/4/2009    Source: BestWire
Colorado, North Carolina and Maine See Workers' Compensation Loss Cost Cuts: Colorado, North Carolina and Maine each announced decreases in workers' compensation loss costs starting in 2010. Colorado Insurance Commissioner ...
Date: 11/4/2009    Source: BestWire
Investments, Life Income Hit Nine-Month Results for Finland's Sampo: Finnish insurer Sampo said its nine-month pretax profit fell 6.2% to 625 million euros (562.5 million pounds) as life insurance and investment income ...
Date: 11/4/2009    Source: BestWire
Matanle Named to Board of London Broker THB: Steve Matanle has been named an executive director to the board of specialist broker THB Group. The Lloyd's broker said Matanle, who joined the group ...
Date: 11/4/2009    Source: BestWire
Report: U.S. Government Could Launch Workers' Comp Captive: Faced with increasing workers' compensation costs for defense contractors working overseas, the U.S. government could consider forming a captive to self-insure ...
Date: 11/3/2009    Source: BestWire
Severe Weather Knocks Down Co-operators General Third-Quarter Results: Due to severe summer storms, Co-operators General Insurance Co. said it posted a net loss of C$16.1 million (US$14.9 million) during the third quarter, ...
Date: 11/3/2009    Source: BestWire
BB&T Insurance Acquires Southwest Florida Brokerage: BB&T Insurance Services has expanded its reach within the Florida market through the acquisition of Oswald Trippe and Co. Inc., a Fort Myers-based insurance ...
Date: 11/3/2009    Source: BestWire
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