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- Form 4684, Casualties And Thefts
- If you've suffered the results of a theft, accident, fire, flood, or some other casualty during the year, you may be able to deduct some of your unreimbursed losses. Casualty losses are treated somewhat differently depending on whether the loss occurred to property used in your trade or business, property...
- Tools & templates 2006-10-10
Additional Resources
- Insurance proceeds from casualty loss on home.
- Gain from insurance on a casualty loss on a home can be deferred. Owner has two years after the end of the year the loss occurred to buy a replacement home costing at least as much as the insurance proceeds... four years if the house is in...
- Research articles 1996-06-28
- Casualty Loss Can Generate Massive Tax Deductions
- Tax deductions are the basis for tax reduction. Appraisals of houses are often needed for judicial proceedings. This includes estate planning, filing estate tax returns, divorce and civil disputes regarding construction defects and fraud. Carefully define the purpose of the appraisal and the scope of work with your appraiser prior...
- White papers 2007-12-01
- Property And Casualty Insurance Underwriter
- The Property and Casualty Insurance Underwriter job description template includes the following job summary: To appraise and select commercial Property and Casualty (P & C) risks that the insurance company may insure, recommending whether an applicant is an acceptable risk or not. Underwrites policies for property and casualty loss, workers'...
- Tools & templates 2009-11-01
- Property And Casualty
- The Property and Casualty job description template includes the following job summary: To appraise and select commercial property and casualty (P & C) risks that the insurance company may insure, recommending whether an applicant is an acceptable risk or not. Underwrites policies for property and casualty loss, workers' compensation coverage,...
- Tools & templates 2009-11-01
- Industry analysts split over reserve adequacy. (property casualty loss reserves)
- In a year when property-casualty insurers have faced the continued challenges of slow premium growth, along with another pounding from catastrophic storms and a lower level of investment gains, are insurers cultivating earnings growth by manipulating In a year when property-casualty insurers have faced the continued...
- Research articles 1996-12-16
- Major reserve deficiencies remain.(Loss Reserves)
- One of the most significant near-term issues facing the property-casualty industry, and commercial insurers and reinsurers in particular, is the adequacy of loss reserves for U.S. casualty lines of business, including asbestos liabilities. Despite One of the most significant near-term issues facing the...
- Research articles 2003-09-08
- AIG boosts reserves to cover excess casualty, D&O claims.(News)(American International Group Inc. to increase loss reserves for casualty business)(Brief Article)
- Byline: Regis Coccia NEW YORK-American International Group Inc. said last week that it will increase its loss reserves by $2.8 billion for casualty business it wrote between 1997 and 2001. AIG said it would incur a net aftertax charge of $1.8 bi...
- Research articles 2003-02-10
- SEPTEMBER.
- SEPT. 13-14. Casualty Loss Reserve seminar in Scottsdale, Ariz., sponsored by the Casualty Actuarial Society; $550 for members and students and $650 for non-members. Casualty Actuarial Society, 1100 N. Glebe Road, Suite 600, Arlington, Va. 22201; 703 SEPT. 13-14. Casualty Loss Reserve seminar in Scottsdale, Ariz.,...
- Research articles 1999-09-06
- For The Record.(property and casualty insurance posts loss as industry)(Brief Article)(Statistical Data Included)
- P/C industry posts first aftertax net loss Dramatically higher underwriting losses and poor investment results combined to produce the property/casualty insurance industry's first-ever aftertax net loss, according to a new study by the Insurance S P/C industry posts first aftertax net loss ...
- Research articles 2002-07-15
- Stock market wrong on casualty Re?(Re/International)
- Although the casualty reinsurance market was the last to turn in the hard market, it is "poised to outperform the primary casualty lines that feed it," according to Morgan Stanley analysts. Looking at loss ratio data since 1988, the U.S. Although the casualty...
- Research articles 2003-10-27
- Read 'em & weep--expect '01 net loss. (Financial Results).(property-casualty insurance industry)(Statistical Data Included)
- There is little doubt that the property-casualty insurance industry will report a full-year net loss for 2001. In January, rating agencies AM. Best in Oldwick, N.J., and Fitch in Chicago each predicted net losses for the year. With a nine-month ...
- Research articles 2002-04-01
- Hurricanes Batter Property and Casualty Insurers with a $4.2 Billion Underwriting Loss in 2005, Reports Weiss; Capital and Surplus Growth Slows Dramatically
- JUPITER, Fla. -- Last year's devastating hurricane season took its toll on the property and casualty industry, walloping insurers with a $4.2 billion underwriting loss in 2005, according to Weiss Ratings, Inc., the nation's leading independent provider of ratings and analyses of financial services companies, mutual funds, and stocks. The...
- Research articles 2006-04-17
- Ohio Casualty Corporation Reports Historical Catastrophe Loss Impact
- Business Editors FAIRFIELD, Ohio--BUSINESS WIRE--Aug. 1, 2002 Ohio Casualty Corporation (Nasdaq:OCAS) today reported its historical catastrophe loss impact. The Corporation's press release dated July 30, 2002 reported its historical catastrophe loss earnings per share impact on a before-tax basis. Below is a table showing the loss ratio impact...
- Research articles 2002-08-01
- Ohio Casualty Corporation Reports 2001 First Quarter Results
- Business Editors FAIRFIELD, Ohio--BUSINESS WIRE--May 2, 2001 Ohio Casualty Corporation (Nasdaq:OCAS) today announced a net loss of $4.1 million, or $.07 per share, for the first quarter ended March 31, 2001. In the comparable quarter of 2000, the Corporation reported a net loss of $75.0 million, or...
- Research articles 2001-05-02
- P-C tax dispute hits U.S. supreme court. (property-casualty insurance)
- Washington The property-casualty insurance industry should not be allowed to receive a $1 billion "double deduction" for certain discounted loss reserves that became subject to taxation under the Tax Reform Act of 1986, a justice DepartmeWashington The property-casualty insurance...
- Research articles 1998-03-09
- New CIGNA unit to handle municipality ins. (CIGNA Property and Casualty Cos.)
- New Cigna Unit To Handle Municipality Ins. CIGNA Property and Casualty Companies has assembled a team of underwriters and loss control experts specializing in insurance coverages for municipalities. The Municipal Services specialists are responsibNew Cigna Unit To Handle Municipality Ins. ...
- Research articles 1990-09-24
- Loss ratio, top property/casualty writers, United States--2004.(property and casualty insurance industry)(Brief Article)(Illustration)
- Loss Ratio, Top Property/Casualty Writers, United States--2004 Rank is based on net premiums written ($ Thousands) ...
- Research articles 2005-08-01
- An Introduction to Rating Casualty Business
- Rating an excess of loss treaty for long-tail business such as motor liability or general third party liability is an almost impossible task, since it involves estimating the loss amount that will be awarded by a court in 10 to 20 years' time. To do so, we would need to...
- White papers 2000-11-14
- ACE Buys $1.25 Billion Stop-Loss Cover For CIGNA Runoff.
- ACE Ltd. has obtained a commitment from a major reinsurer for $1.25 billion in stop-loss reinsurance protection for ACE'S recent purchase of CIGNA Corp.'s domestic and international property-casualty business, the Bermuda-based carrier recently anno ACE Ltd. has obtained a commitment from a major reinsurer for...
- Research articles 1999-02-15
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