Federated National Insurance Company (”Federated National”), a wholly-owned subsidiary of 21st Century Holding Company insurance holding company, today announced that it received approval from the Florida Office of Insurance Regulation (”OIR”) to write commercial residential property business in the state of FloridaMichael H. Braun, President of Federated National and Chief Executive Officer of 21st [...]

As a leader in the property and casualty insurance marketplace, South Florida-based Universal Property & Casualty Insurance Co. certainly understands the science of risk management and protecting the assets of its customers.
As part of its corporate business continuity/data protection plan, Universal has decided to expand the scope of its colocation/disaster recovery coverage with 1Vault Networks [...]

Nationwide Mutual Insurance Company is urging customers to take steps now to prevent potential damage from extreme winter weather conditions. With several weeks of winter weather ahead for many parts of the country, there is still ample opportunity for property owners to take preventative action that could save money and avoid frustration.
“As the freezing and [...]

XL Insurance, XL Capital Ltd’s global insurance operations, unveiled Pollution Insurance for Property Owners and Managers, a suite of pollution insurance endorsements and claims and risk management services to help protect the value of commercial real estate (CRE) portfolios in the U.S.
Rich Corbett, head of XL Insurance’s Global Environmental unit, said: “Environmental risks are [...]

XL Insurance, the global insurance operations of XL Capital Ltd named Mike Martin as Chief Property Underwriter for the Americas.
Commenting on the appointment, John Gallagher, XL Insurance’s Chief Underwriting Officer for Global Property, said: “Mike’s appointment is well-deserved. It underscores his solid track record for profitable underwriting and his commitment to providing XL Insurance clients [...]

Assurant Specialty Property, a leading provider of creditor-placed homeowners insurance, auto collateral protection insurance and related services, today announced plans to establish a second service center in Duluth, Ga. The new facility will be used to accommodate the company’s growing auto collateral protection insurance business and vehicle title tracking operations.
Assurant Specialty Property is part of [...]

A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of Transportation Property & Casualty Company Inc (TPCC) (British Columbia, Canada). The outlook for both ratings is stable.
These ratings are based on TPCC’s excellent capitalization and operating performance and its favorable profile as part of the Greater [...]

Infinity Property and
Casualty Corporation a national provider of personal
automobile insurance, today reported results for the three and nine months
ended September 30, 2008:
Three [...]

The following is the text of a letter sent yesterday to Secretary of the Treasury Henry M. Paulson, Jr. by John J. Degnan, Vice Chairman and Chief Operating Officer of The Chubb Corporation
October 28, 2008
The Honorable Henry M. Paulson, Jr.
Secretary of the Treasury
[...]

A survey by the Urban Institute found that 1.9 million seniors found themselves having to choose between buying food and buying medicine. The survey was conducted in 1993—a time when the economy was booming! Due to the current economic woes, it is more difficult than ever for seniors to make it on their own.
“More and [...]