<rss version="2.0"><channel><title>InsuranceNewsNet.com - Today's Property &amp; Casualty Picks</title><link>http://insurancenewsnet.com/news.aspx?type=propertycasualty</link><description>InsuranceNewsNet.com Property &amp; Casualty recent articles.</description><ttl>60</ttl><item><title>AIG To Invest $92.5 Million In Insurer In China</title><link>http://insurancenewsnet.com/article.aspx?id=382089&amp;type=propertycasualty</link><description>American International Group said that it will spend $718.1 million Hong Kong dollars ($92.5 million) in a rights offering by Chinese insurance company PICC Property and Casualty Co. Ltd...</description><pubDate>Mon, 20 May 2013 15:48:00 GMT</pubDate></item><item><title>Businesses Urged To Tackle Disaster Risk Reduction </title><link>http://insurancenewsnet.com/article.aspx?id=382061&amp;type=propertycasualty</link><description>A new report from PwC and the United Nations International Strategy for Disaster Reduction warns that large multinationals' dependencies on international supply chains, infrastructure and markets poses a systemic risk to "business as usual,"... </description><pubDate>Mon, 20 May 2013 09:09:00 GMT</pubDate></item><item><title>Convictions Reached In 2 Ohio Insurance Fraud Cases</title><link>http://insurancenewsnet.com/article.aspx?id=382008&amp;type=propertycasualty</link><description>Ohio Department insurance fraud investigations have led to recent criminal convictions in the Columbus and Cleveland areas... </description><pubDate>Sun, 19 May 2013 06:35:45 GMT</pubDate></item><item><title>United Insurance Holdings Declares Quarterly Dividend </title><link>http://insurancenewsnet.com/article.aspx?id=382006&amp;type=propertycasualty</link><description>United Insurance Holdings, a property and casualty insurance holding company, announced that its board of directors declared a cash dividend of $0.03 per share of common stock outstanding... </description><pubDate>Sun, 19 May 2013 06:24:41 GMT</pubDate></item><item><title>Citizens Offers Cheaper Rate Option With No Fanfare </title><link>http://insurancenewsnet.com/article.aspx?id=381993&amp;type=propertycasualty</link><description>Last year, the Florida Legislature mandated Citizens Property Insurance to offer a cheaper, more limited coverage option to homeowners, potentially saving them up to 70 percent on their premiums... </description><pubDate>Sun, 19 May 2013 01:10:00 GMT</pubDate></item><item><title>American Safety Insurance Holdings Reports 1Q Results </title><link>http://insurancenewsnet.com/article.aspx?id=381968&amp;type=propertycasualty</link><description>American Safety Insurance Holdings reported net earnings of $5.5 million for the three months ended March 31, or $0.56 per diluted share, as compared to $4.1 million, or $0.39 per diluted share, for the same period of 2012... </description><pubDate>Sat, 18 May 2013 20:45:00 GMT</pubDate></item><item><title>Fraud Sweep Arrests 26 For Staged Accidents In Fla.</title><link>http://insurancenewsnet.com/article.aspx?id=381883&amp;type=propertycasualty</link><description>A massive crackdown on an auto-accident insurance fraud ring based largely in Palm Beach County, Fla., resulted in charges against 33 people and 26 arrests...</description><pubDate>Fri, 17 May 2013 08:18:42 GMT</pubDate></item><item><title>5 Charged In Alleged $1M Insurance Fraud </title><link>http://insurancenewsnet.com/article.aspx?id=381882&amp;type=propertycasualty</link><description>Five Sacramento, Calif., area residents were arrested by department fraud investigators and charged with multiple felony counts. Investigators said they were involved in an alleged insurance fraud scheme totaling nearly $1 million... </description><pubDate>Fri, 17 May 2013 08:17:23 GMT</pubDate></item><item><title>Allstate: $216M In Catastrophe Losses In April</title><link>http://insurancenewsnet.com/article.aspx?id=381815&amp;type=propertycasualty</link><description>Severe weather led to $216 million in catastrophe losses in April for Allstate... </description><pubDate>Thu, 16 May 2013 16:15:00 GMT</pubDate></item><item><title>Physical Therapy Owner And Employees Charged With Fraud</title><link>http://insurancenewsnet.com/article.aspx?id=381754&amp;type=propertycasualty</link><description>A Brockton, Mass., woman and three of her employees were charged with defrauding insurance companies in connection with physical therapy services...</description><pubDate>Thu, 16 May 2013 08:30:31 GMT</pubDate></item><item><title>Legislation To Reform U.S. Crop Insurance Policies Introduced</title><link>http://insurancenewsnet.com/article.aspx?id=381745&amp;type=propertycasualty</link><description>Eight Congressmen introduced the Assisting Family Farmers through Insurance Reform Measures (AFFIRM) Act. The AFFIRM Act makes bold reforms to crop insurance premium subsidy payments, saves taxpayer dollars and promotes transparency...</description><pubDate>Thu, 16 May 2013 07:19:00 GMT</pubDate></item><item><title>NICB: Questionable Claims In The U.S.</title><link>http://insurancenewsnet.com/article.aspx?id=381727&amp;type=propertycasualty</link><description>In its annual look at questionable claims (QC) in the U.S., the analysis released by the National Insurance Crime Bureau reports that in the three-year period from January 1, 2010 through December 31, 2012, there was a 16 percent increase..</description><pubDate>Thu, 16 May 2013 05:59:00 GMT</pubDate></item><item><title>Couple Charged In Connection With 5-Year Insurance Scheme</title><link>http://insurancenewsnet.com/article.aspx?id=381682&amp;type=propertycasualty</link><description>George Bowman and Traci L. Bowman, both of Indianapolis, have been charged by indictment with mail fraud... </description><pubDate>Wed, 15 May 2013 18:43:00 GMT</pubDate></item><item><title>Fla. Insurance Fund Stronger Now For Storm Season</title><link>http://insurancenewsnet.com/article.aspx?id=381640&amp;type=propertycasualty</link><description>Florida is heading into storm season with some good news. A state-created fund that backs up private insurers in Florida appears to be in the best financial shape it has been during its 20 years of existence... </description><pubDate>Wed, 15 May 2013 14:01:00 GMT</pubDate></item><item><title>Fitch Forecasts Underwriting Profit For P/C In 2013</title><link>http://insurancenewsnet.com/article.aspx?id=381526&amp;type=propertycasualty</link><description>A new Fitch Ratings report discusses key factors contributing to U.S. property/casualty insurance industry 2012 performance and updates the forecast for industry statutory earnings in 2013... </description><pubDate>Wed, 15 May 2013 01:27:00 GMT</pubDate></item><item><title>Consumer Groups Call On Fla. To Stop Overcharges</title><link>http://insurancenewsnet.com/article.aspx?id=381411&amp;type=propertycasualty</link><description>At a hearing in Tallahassee, the Consumer Federation of America and the Center for Economic Justice will urge the Florida Insurance Commissioner to stop the huge overcharges of "force-placed" insurance that are punishing struggling homeowners... </description><pubDate>Tue, 14 May 2013 01:50:00 GMT</pubDate></item><item><title>3  Fla. Roofers Arrested For Unlicensed Insurance Activity</title><link>http://insurancenewsnet.com/article.aspx?id=381255&amp;type=propertycasualty</link><description>The Florida Department of Financial Services announced the arrests of three employees of Roofmasters who are charged with acting as unlicensed public adjusters while soliciting homeowners for roof repairs...</description><pubDate>Sun, 12 May 2013 09:06:41 GMT</pubDate></item><item><title>Insurance, Rebuilding Policies A Challenge After Sandy</title><link>http://insurancenewsnet.com/article.aspx?id=381253&amp;type=propertycasualty</link><description>New federal insurance legislation is making matters more difficult for many trying to rebuild after Hurricane Sandy, residents on the U.S. East Coast said... </description><pubDate>Sun, 12 May 2013 09:00:03 GMT</pubDate></item><item><title>3 Companies Placed In Liquidation</title><link>http://insurancenewsnet.com/article.aspx?id=381235&amp;type=propertycasualty</link><description>Illinois Department of Insurance Director Andrew Boron announced Orders of Liquidation with Findings of Insolvency against Lumbermens Mutual Casualty Company, American Manufacturers Mutual Insurance Company and American Motorists Insurance Co... </description><pubDate>Sat, 11 May 2013 23:47:00 GMT</pubDate></item><item><title>CAA Written Premium Up 12% In 2012</title><link>http://insurancenewsnet.com/article.aspx?id=380948&amp;type=propertycasualty</link><description>Combined Agents of America (CAA) continued its trend of record growth by writing more than $566.7 million in property and casualty premium in 2012...</description><pubDate>Thu, 09 May 2013 12:03:00 GMT</pubDate></item></channel></rss>