property and casualty insurance

Firemans Fund Insurance Company Enters Joint Marketing Agreement with Scientific Conservation Inc. to Promote Lower Risks of Energy Efficient Buildings

January 30th, 2011

(SCI), a leading provider of energy efficiency via Predictive Diagnostics and Analytics solutions for the $5 billion commercial building market, today announced it entered a Joint Marketing Agreement with Fireman’s Fund Insurance Company (FFIC) directly linking energy management solutions to lower risk.
(Logo: http://photos.prnewswire.com/prnh/20100810/SF46584LOGO)
Under the terms of the agreement, SCI becomes an FFIC Referral Partner. [...]


Rockhill Insurance Group Upgraded by A.M. Best

January 27th, 2011

State Auto Financial Corporation (NASDAQ:STFC – News) and State Automobile Mutual Insurance Company today announced that A.M. Best Co. has upgraded the rating of the insurance companies of the Rockhill Insurance Group to A+ (Superior) from A- (Excellent) following their addition to the intercompany pooling agreement of the State Auto Group.
The Rockhill Insurance Group, which [...]


CSC Extends Legal Solutions Suite License with Great American Insurance

January 13th, 2011

today announced that Great American Insurance Company, a subsidiary of American Financial Group, Inc. Cincinnati, Ohio, has extended its Legal Solutions Suite license for an additional five years. Great American, a multi-line insurer offering a wide range of specialty property and casualty products, as well as retirement annuities, life and supplemental health insurance products, uses [...]


Leading Property & Casualty Agencies Merge to Offer Clients Greater Expertise and Service

January 13th, 2011

Hylant Group, one of the largest privately owned insurance brokerage firms in the nation, and Swartzel Affiliated Insurance Agency, a privately owned firm offering Property and Casualty insurance services, have merged to provide their clients with more personalized service and greater expertise. The combined organizations will form one of the largest full service insurance firms [...]


Marsh & McLennan Agency Acquires RJF Agencies Inc.

January 6th, 2011

Continuing its strategy to build a national platform, Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., announced today the acquisition of RJF Agencies Inc., one of the largest independent insurance agencies in the upper Midwest. Terms of the transaction were not disclosed.
Founded in 1986, RJF has annual revenue of approximately [...]


Equity Research on Hartford Financial Services Group Inc. and American International Group Inc. – Property and Casualty Insurance Space Gaining Ground

January 3rd, 2011

www.stockcall.com/ offers investors comprehensive research on the property & casualty insurance industry and has completed analytical research on Hartford Financial Services Group Inc. (NYSE:HIG – News) and American International Group Inc. (NYSE:AIG – News). Register with us today at www.stockcall.com/ to have free access to these researches.
Despite a slight loss in Q3, the Property and [...]


A.M. Best Comments on RLI Corp.’s Proposed Acquisition of Contractors Bonding and Insurance Company

December 24th, 2010

A.M. Best Co. has commented that the financial strength rating of A+ (Superior) and issuer credit ratings of “aa-” of RLI Group (RLI) and its members are unchanged following the announcement that RLI Corp. (Peoria, Illinois) [NYSE: RLI] will acquire Contractors Bonding and Insurance Company (CBIC) through the acquisition of its holding company, Data and [...]


RLI To Acquire Contractors Bonding Insurance Company

December 23rd, 2010

RLI Corp. announced today that it will acquire Contractors Bonding Insurance Company (CBIC) through an acquisition of its holding company, Data and Staff Service Co. (DSS) for approximately $137 million in cash. The acquisition is subject to regulatory approval and expected to close in the first quarter of 2011.
CBIC is a privately held, Seattle-based insurance [...]


Heffernan Insurance Brokers Welcomes Matthew Gailey to the Property Management and Health Care Teams

December 23rd, 2010

Heffernan Insurance Brokers, one of the largest independent brokerage firms in the United States, is pleased to announce that Matthew Gailey has joined its Portland office as Assistant Vice President. He will focus on property and casualty insurance, and directors and officers liability for property management firms and medical entities.
“We are pleased Matthew [...]


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 [...]