Category Archives: Casualty Insurance
Small Business Owners Trust Independent Insurance Agents and Commercial Insurance Carriers Significantly… — WORCESTER, Mass., Nov. 10, 2011 /PRNewswire/ –
WORCESTER, Mass., Nov. 10, 2011 /PRNewswire/ — The Hanover Insurance Group, inc. (NYSE: THG), a leading provider of property and casualty insurance products nationwide, today announced the results of a new survey that demonstrates small business owners trust independent insurance agents and commercial insurance carriers significantly more than other financial services businesses.
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Tax Reduction Casualties Can Create Substantial Tax Reduction
Tax reduction are the final results from tax deductions. Tax deductions minimize taxable earnings but do not directly lessen federal revenue taxes. for example, $100,000 of tax deductions minimizes federal earnings taxes by $35,000 $one hundred,000 X 35%, assuming a 35% tax price. Most tax reduction require a money expenditure labor, content, provides, utilities, and so forth. A current interval hard cash expenditure is not needed for some actual estate tax deductions and might not be necessary for a casualty reduction.
Property/casualty prices flat in October: MarketScout
Property/casualty insurance rates remained flat in October, equivalent to those a month earlier, MarketScout reported Friday.
“October results affirm that the soft market is drawing to a close,” Richard Kerr, CEO of the Dallas-based electronic insurance exchange, said in a statement accompanying the monthly report. “With two consecutive months of a flat market, we are on the cusp of a composite rate increase.”
Homeowners Choice Acquires HomeWise Insurance Company Florida Book Of Business
Tampa, FL (GLOBE NEWSWIRE) – Homeowners Choice, inc. (Nasdaq:HCII), a Florida-based insurance holding company, announced today that its wholly owned insurance subsidiary, Homeowners Choice Property & Casualty Insurance Company, inc., has acquired the Florida policies of HomeWise Insurance Company.
Selective Insurance Announces Two Promotions
Selective Insurance Group in Branchville, N.J. announced two promotions in its Selective Insurance Company of America subsidiary.
Dana Shutters is promoted to vice president, operational excellence. He joined Selective in Nov. 2010 as assistant vice president of quality assurance. Priorto that, he was vice president of resolution services with CUNA Mutual Insurance Society.
P/C Market to See Only Moderate Changes in Rates in 2012: Willis
Property/casualty insurance rates will continue to be flat to with some slight increases or decreases in most major and specialty lines of insurance.
Some exceptions to that trend include catastrophe-exposed property programs and employee benefits, which are experiencing notable price increases, reports Willis Group Holdings in its 2012 edition of its Marketplace Realities report.
Farm Bureau Financial Services Insurance Agent Job
Farm Bureau Property & Casualty Insurance Company – Minneapolis, MN – of a respected and secure company. You’ll guide your professional path while offering innovative insurance products and financial services that help make a difference in people’s lives. We offer quality training and developmental support that allows you to earn while you learn. During our 60-day training program…. Even if you don’t have insurance experience, we want you to consider our business opportunity.To learn more, visit our website at The right candidate should have an entrepreneurial attitude with an interest in operating a business. We’re looking for a goal-oriented individual with proven personal and financial – Permanent – Full-time
Octagon Insurance Selects ISO COA and MoJ Solution to Handle Motor Personal Injury Claims
Release: Immediate
Contact: Mark Strang Tel: 01252 761055 This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Claire Grant IBA
Auto Insurers’ 3Q Earnings Hit by Investments, Cats and Prior-Year Losses
NU Online News Service, Nov. 3, 2:13 p.m. EST
Auto insurers Mercury General Corp., Infinity Property and Casualty Corp. and Safety Insurance Group Inc. each report drops in third-quarter income, with Los Angeles-based Mercury General posting a $3.8 million loss.
Mercury General says it earned $96.8 million during the 2010 third quarter but was hurt this year by net-realized investment losses of $43.5 million, compared to a gain of $56.2 million a year ago.
Insights: Property & Casualty Insurance CFO Survey
This is the first installment of Towers Watson’s Property & Casualty Insurance CFO Survey, focusing on the state of the North American property & casualty (P&C) insurance market as of the second quarter of 2011. Specifically, this survey explores the drivers and consequences of current market conditions.
The responses provide insights on potential changes to the market, expected timing of these changes, and the expected effect of current and future market conditions on company performance.
