Casualty Insurance

United America Indemnity Group Goes Live With Duck Creek Technologies’ Policy Administration Solution

July 14th, 2009

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 [...]


Thomas C. Ramey and Wilhelm Zeller Appointed Independent Directors of AXIS Capital Board

July 14th, 2009

AXIS Capital Holdings Limited announced that the Company’s Board of Directors has appointed Thomas C. Ramey and Wilhelm Zeller to its Board as independent directors. Both will serve as Class II Directors.
Michael Butt, Chairman of AXIS Capital, said: “We are delighted to welcome Thomas C. Ramey and Wilhelm Zeller to AXIS Capital’s Board of Directors. [...]


ProAssurance Earns Ward’s 50 Recognition for a Third Consecutive Year

July 10th, 2009

PRNewswire For the third straight year, ProAssurance Corporation has been recognized by The Ward Group as one of the 50 top performing property/casualty insurance companies in America.
The Ward Group identified the best performing property-casualty insurance companies in America by analyzing the financial performance of more than 3,000 insurance companies during the years 2004 to [...]


Universal Insurance Holdings, Inc. Named One of America’s Fastest-Growing Small Public Companies by Fortune Small Business Magazine

July 9th, 2009

Universal Insurance Holdings, Inc, a vertically integrated insurance holding company, announced that it has been named to the Fortune Small Business magazine 2009 ‘FSB 100′ list of ‘America’s fastest-growing small public companies.’ Universal Insurance Holdings ranked #2 on the list, which can be found at the following Web address: http://money.cnn.com/magazines/fsb/fsb100/2009/full_list
According to Fortune Small Business, the [...]


21st Century Holding Company’s Subsidiary Approved to Write Commercial Residential Property by Florida’s Office of Insurance Regulation

July 9th, 2009

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 [...]


Ameriana Insurance Agency Completes the Purchase of Chapin-Hayworth Insurance Agency

July 9th, 2009

Ameriana Bancorp, parent company for Ameriana Bank, announced that Ameriana Insurance Agency, a bank subsidiary, has completed a previously announced purchase of the book of business of the Chapin-Hayworth Insurance Agency Inc. Chapin-Hayworth is a multi-line property and casualty insurance agency located in New Castle.
Chapin-Hayworth Insurance agents Ruth Hayworth and Gail Byers and customer service [...]


Zurich North America Commercial and Presidio Reinsurance Group Announce Strategic Relationship Strengthening Their Positions in the Specialty Health Marketplace

July 8th, 2009

Zurich North America Commercial’s Accident & Health (A&H) group and Presidio Reinsurance Group announced today their formation of a strategic relationship to provide a broad range of risk-relief programs to the health care market.
As industry leaders with a long-term commitment to the accident and health industry, Zurich and Presidio will leverage their extensive portfolio of [...]


ISCS Announces Direct-to-Consumer Portal for Personal Auto Policy Quoting, Purchase & Issuance

June 26th, 2009

ISCS, a leading provider of P&C policy administration systems, is pleased to announce its new Web 2.0 state-of-the-art direct-to-consumer (DTC) personal auto policy quoting, purchase, and issuance product as an addition to the standard feature set of SurePower Innovation, the company’s comprehensive SOA insurance automation solution.
Property and casualty insurance companies need to automate critical business [...]


Farmers Insurance Announces Building Expansion in Caledonia, Preparing for Continued Growth in Michigan

June 16th, 2009

Farmers Insurance Group of Companies announced that it will build two new buildings totaling 275,000 square feet on the existing grounds of Farmers Insurance office facilities located in Caledonia. This development is thanks in part to an attractive incentives package offered by the Michigan Economic Development Corporation (MEDC). The expansion will create a significant number [...]


Economic Crisis Impacts Massachusetts Fire Departments, According to a New National Survey Sponsored by Fireman’s Fund Insurance Company

June 9th, 2009

The current economic crisis is negatively impacting fire departments in the state of Massachusetts, according to a comprehensive national survey of firefighters from nearly 9,500 fire departments or 30 percent of departments in the country, including 195 fire departments in Massachusetts.
“Supporting Safer Communities: A National Fire Service Survey,” sponsored by Fireman’s Fund Insurance Company, found [...]