IFAwebnews » PCI

PCI takes message to legislators in Richmond

IFAwebnews Staff — Thu, 02 Feb 2012 13:14:33 +0000

More than 30 representatives of the insurance industry visited the state capitol in Richmond, Va., talking about issues that affect the property-casualty industry in the state.

PCI takes message to legislators in Richmond via IFAwebnews.

First-half net income for P-C insurers drops 71%, as losses mount

Bob Graham — Tue, 11 Oct 2011 12:49:25 +0000

Private U.S. property-casualty insurers’ net income fell 71%, fueled in large part by losses from catastrophes.

First-half net income for P-C insurers drops 71%, as losses mount via IFAwebnews.

FSOC to benefit from Woodall’s ‘deep knowledge’ of insurance

Bob Graham — Wed, 28 Sep 2011 18:18:36 +0000

Two insurance industry trade groups voices satisfaction with the U.s. Senate's confirmation of former Kentucky insurance commissioner S. Roy Woodall to the Financial Stability Oversight Council because of his insurance expertise.

FSOC to benefit from Woodall’s ‘deep knowledge’ of insurance via IFAwebnews.

New Jersey plans to overhaul its PIP auto insurance system

Bob Graham — Wed, 03 Aug 2011 09:10:06 +0000

New Jersey insurance regulators want to overhaul the state's auto insurance rules to battle rising costs seen in the state's personal injury protection, or PIP, system.

New Jersey plans to overhaul its PIP auto insurance system via IFAwebnews.

P-C insurers keep pushing for five-year NFIP extension

IFAwebnews Staff — Mon, 13 Jun 2011 22:19:56 +0000

A property-casualty insurer trade group is continuing its push for the U.S. House of Representatives to vote on a reform and re-authorization bill for the National Flood Insurance Program.

P-C insurers keep pushing for five-year NFIP extension via IFAwebnews.

Lawsuit may result in climate change regulations for P-C insurers

Jaime L. Brockway — Fri, 20 May 2011 08:47:51 +0000

A lawsuit heard before the Supreme Court recently, the “most significant case for the property-casualty insurance” this term, addressed greenhouse gas emissions and the use of public nuisance lawsuits to resolve climate change disputes.

Lawsuit may result in climate change regulations for P-C insurers via IFAwebnews.

N.Y. urged to act on no-fault auto insurance fraud as premiums ‘skyrocket’

Bob Graham — Wed, 27 Apr 2011 19:44:52 +0000

Allstate Insurance Co. is urging New York lawmakers to find ways to combat the growing number of no-fault insurance frauds that trade groups say cost drivers more than $200 million last year.

N.Y. urged to act on no-fault auto insurance fraud as premiums ‘skyrocket’ via IFAwebnews.

P-C insurers’ net income, policyholders’ surplus show increases

IFAwebnews Staff — Mon, 25 Apr 2011 11:58:52 +0000

Private U.S. property-casualty insurers saw their net income, after taxes, rise to $34.7 billion last year, an increase from the $28.7 billion from the prior year.

P-C insurers’ net income, policyholders’ surplus show increases via IFAwebnews.

Fraternals’ role in insurance far greater than name has implied

John Lobert — Wed, 16 Feb 2011 23:33:20 +0000

You would be forgiven if you have never heard of the National Fraternal Congress of America, even though it has been around since 1886. I had, but only because back in the 1990s, a colleague went to work there. Despite the fact that at that point I had been in the business for I won’t say how many years, he had to explain to me what it was: the trade association for fraternal benefit societies.

Fraternals’ role in insurance far greater than name has implied via IFAwebnews.

Increased sales could be first sign of hardening P-C market

Bob Graham — Fri, 17 Sep 2010 10:02:09 +0000

Sales of property-casualty insurance policies in the U.S. increased for the first time in 13 quarters, according to an induåçstry organization, as personal lines insurers appeared to charge higher premiums in the second quarter.

Increased sales could be first sign of hardening P-C market via IFAwebnews.