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 [...]

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
[...]

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 [...]

Employers Mutual Casualty Company (Employers Mutual), the parent company of EMC Insurance Group Inc. announced to its employees that the statutory combined trade ratio of the EMC Insurance Companies for the year ended December 31, 2008 was 109.8 percent. This announcement was made in conjunction with a company-wide disclosure of the results of Employers Mutual’s [...]

AIG Commercial Insurance, announced that it will service all casualty insurance coverage for the public sector through its Lexington Insurance Company unit. Specifically, effective as of January 1, 2009, Lexington’s Casualty Division will manage the public entity commercial umbrella and excess casualty portfolio of AIG Specialty Excess, a division of AIG Excess Casualty, which along [...]

AIG Excess Casualty, a unit of AIG Commercial Insurance, today announced it is adopting AIG eDelivery®, an Internet-based system that enables electronic issuance of its excess casualty policies and endorsements.
AIG eDelivery speeds issuance of new policies and endorsements, making policy documents available to brokers online the next business day after issuance. The system also allows [...]

Allstate announced it has selected Matthew Winter, 52, as president and chief executive officer of Allstate Financial. Winter will be responsible for leading Allstate Financial’s effort to provide life insurance and retirement products to middle-income Americans. He will serve as a member of the corporation’s senior management team, reporting to Thomas J. Wilson, Allstate’s chairman, [...]

Duck Creek Technologies, Inc. a leading provider of software and service solutions for the insurance industry, today announced that United America Indemnity Group, Inc. (”United America”) has implemented Duck Creek’s Policy Administration solution for a number of its Commercial ISO lines products. The PA-based carrier went live within six months with a custom Vacant Property [...]