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Hartford Financial rejects Chubb"s hostile buyout bid, stock falls
Shares of Hartford Financial Services Group Inc. dropped 1.1% in premarket trading Tuesday, after the property and casualty insurer said it has rejected Chubb Ltd.'s unsolicited buyout bid......»»
Hawaii-based Island Insurance named top 50 property and casualty insurer
Island Insurance Company Ltd. was named to Ward Group’s list of top 50 property and casualty insurers in the United States. Ward Group, a provider of industry benchmarking and best practices services for the insurance industry, analyzes the fin.....»»
Allstate (ALL) Expects Catastrophe Loss of $186M in August
Allstate (ALL) likely to incur loss for August due to weather-related events. Property and casualty insurer The Allst.....»»
American Financial makes $28 million acquisition
American Financial Group Inc. has agreed to acquire a Cleveland-area insurance company for $28 million. Cincinnati-based specialty property and casualty insurer American Financial (NYSE: AFG) reached a deal to buy ABA Insurance Services Inc. from Ame.....»»
Florida gets new property insurance firm Ovation Home Insurance Exchange
Firm aims to increase its capacity and coverage at competitive rates, and already has its eyes on policies from state-run insurer Citizens......»»
California"s home insurer of last resort sees enrollment surge, raising concerns over its finances
California's property insurer experiences enrollment surge, raising questions about its financial stability. California's property insurer experiences enrollment surge, raising questions about its financial stability......»»
The Bay Area holds its own against Dallas when it comes to data centers
You might think North Texas, because of its cheaper property prices, would have a big edge on the San Francisco and Silicon Valley when it comes space allocated to data centers. You might be surprised at the reality......»»
EDGE approves PILOT without knowing cost, benefit, or location
EDGE took an uncommon step Wednesday afternoon: it approved a property tax break for a company without knowing the property it will be applied to......»»
5 Best Home Insurance Companies
In this article, we will discuss the 5 best home insurance companies. If you want to read our detailed analysis of the property and casualty .....»»
The Wall Street Journal: Chubb looks to buy insurance rival Hartford
Chubb Ltd., one of the nation’s biggest, oldest and best-known property-casualty insurers, has made a preliminary proposal to acquire Hartford Financial Services Group Inc., another storied name in the industry......»»
BrightView acquires Cutting Edge Property Maintenance, terms undisclosed
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Property and casualty insurance premiums deferred for small businesses
New York ordered property and casualty insurers to defer premiums for small businesses and consumers Monday. The Department of Financial Services directed property and casualty insurers to provide a... To view the full story, click the title link......»»
Hallmark Financial out of compliance with Nasdaq listing rule
Hallmark Financial Services Inc. received notice from Nasdaq on March 18 that it is no longer in compliance with listing rules, according to a news release. The Dallas-based specialty property and casualty insurance company has failed to file its F.....»»
Ladder Now is changing its name
Louisville-based Ladder Now is changing its name to Seek Now. The company offers an online platform for inspection services used by the property and casualty insurance industry. In a news release, it said the name change is to reflect a new identity dr.....»»
ProAssurance reports preliminary Q4 loss of $37M in Specialty Property, Casualty
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
JLL oversees Toys ʻRʼ Us transformation
JLL Project and Development Services (PDS) announced the completion of Urban Edge Properties’ renovation of a 40,000 s/f retail property in Amherst, N.Y. The retail site was a former Toys ‘R’ Us store th.....»»
Look ahead 2020: Spotlight on M&A, pricing, talent
The consolidation of the property/casualty insurance industry is expected to continue throughout 2020, but whether it changes the Western New York landscape remains to be seen......»»
First Insurance Company of Hawaii receives A+ rating from global agency
First Insurance Company of Hawaii, or FICOH, received a stellar score for its financial strength rating (FSR) from A.M. Best Company, a global credit rating agency. FICOH, which specializes in property and casualty insurance in the Islands, received.....»»
Ex-Dividend Reminder: Columbia Property Trust, Horace Mann Educators and Urban Edge Properties
Dividend Channel.....»»
Another iconic S.F. hotel funnels millions into upgrades to get back competitive edge
The 372-room Clift Royal Sonesta in Union Square hasn't been upgraded in more than two decades, a factor its latest owners feel has dampened interest in the property......»»