Property-Casualty Insurance News
Harland Stonecipher, an insurance salesman whose legal problems after a 1969 car crash prompted him to launch a concept designed to provide coverage to for people against future legal costs passed away at age 76.
A.M. Best has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and the issuer credit rating to “bbb+” from “a-” of Affinity Mutual Insurance Company (AMIC), based in Lima, Ohio.
A Philadelphia public adjuster has admitted to pocketing nearly $700,000 in insurance proceeds that he owed to numerous claimants, some of whom incurred damages to their homes or businesses during … Read →
Willis North America, a unit of global risk adviser Willis Group Holdings, appointed Paul Collins as managing partner of its insurance services arm in Georgia.
Four metro-area U.S. senators have accused flood insurance companies of mishandling claims by homeowners for Sandy-related damage, in light of a judge’s decision that found a company had hired an … Read →
Selective Insurance Group Inc. in Branchville, N.J., announced several executive appointments by its subsidiary, Selective Insurance Company of America.
The small business market for insurance is likely to see significant change leading to consolidation in coming years, according to a new study by Conning.
Chief claim officers (CCOs) from U.S. property & casualty insurance companies said loss cost containment and delivering superior customer service are their top claim operational goals, according to Towers Watson.
Amy Roberti has joined The Council of Insurance Agents & Brokers as Vice President of Industry Affairs. Roberti most recently served as Assistant Vice President of Federal Affairs at Liberty Mutual Insurance, and worked for a Pennsylvania congressman.
To provide additional support in key, growing markets, HM Insurance Group has added account managers in offices with especially high business volume, including Pittsburgh, Philadelphia, New York and Houston, according to the firm.