Latest Casualty Headlines
All the headlines from our Casualty Topic Page, ordered by recency.
A.M. Best: Outlook Stable for Midwest Builders’ Casualty Mutual, Subs
Oct 29 2015 // A.M. Best has revised the outlook to stable from negative and affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” for Midwest Builders’ Casualty Mutual Insurance...
Chris Cox Appointed President of Old Dominion Insurance Co.
Oct 16 2015 // The Main Street America Group, a super-regional property/casualty mutual insurance holding company, has appointed Chris Cox to president of Old Dominion Insurance Co., its primary writing company and brand throughout...
Worldwide Facilities Hires Craane as New York Casualty Practice Leader
Sep 28 2015 // Worldwide Facilities, a wholesale broker and managing general agent based in Los Angeles, hired Bill Craane as vice president and New York Casualty Practice leader. He’s based in Worldwide Facilities’ New York...
Great American Insurance Names Niehaus Property/Casualty Sr. VP
Sep 25 2015 // Great American Insurance Group based in Cincinnati, Ohio, has named James (Jim) R. Niehaus was named senior vice president and chief information officer of its Property and Casualty Group. Jim Niehaus Niehaus joined the...
Worldwide Facilities, LLC Appoints New Vice President & New York Casualty Practice Leader
Sep 23 2015 // Leading Wholesale Insurance Brokerage Expands Resources in New York Office New York, NY, September 22, 2015 — Worldwide Facilities, LLC is pleased to announce that Bill Craane has joined the company’s New York City...
A.M. Best Withdraws Ratings of Chicago-Based American Access Casualty
Sep 17 2015 // A.M. Best has downgraded the issuer credit rating (ICR) to “bb” from “bb+” and affirmed the financial strength rating (FSR) of B (Fair) of American Access Casualty Company (AACC), based in Chicago,...
Beecher Carlson Hires Ross as Casualty Client Executive in New York
Sep 16 2015 // Beecher Carlson Insurance Services LLC, a specialized large account insurance broker and a wholly-owned subsidiary of Brown & Brown Inc., hired Jason Ross as casualty client executive, Northeast Casualty...
Hiscox Merges Casualty Reinsurance Teams; Pascall Leads New Team
Sep 16 2015 // Hiscox has merged its Bermuda and London Market casualty reinsurance teams. The new division, operating under the Hiscox Re brand, and led by Nick Pascall as head of Casualty Reinsurance, controls a combined portfolio of...
TDI Posts Summary of Bills Affecting Property/Casualty Insurers
Sep 9 2015 // The Texas Department of Insurance has produced a summary of various bills passed by the Texas Legislature this year that impact property/casualty insurance companies. Many but not all of the following were effective Sept....
Willis Names Lockton’s Silverstein Senior VP for National Casualty
Sep 9 2015 // Willis North America has appointed Eric Silverstein, formerly of Lockton, as senior vice president of National Casualty. In this role, Silverstein will support workers’ compensation, primary and excess casualty,...
Up to 280,857 More Policies Approved for Removal From Citizens
Sep 7 2015 // FLOIR has approved the removal of up to 279,357 personal residential policies and 1,500 commercial residential polices from Citizens Property Insurance Corp. by the following seven companies: Anchor Property &...
Repeating Mistakes
Sep 7 2015 // Lloyd’s international casualty reinsurance underwriters are running the risk of repeating the same mistakes that have placed the market in difficulty in the past, according to a new poll of Lloyd’s reinsurance...
XL Catlin Realigns U.S. Excess/Surplus Team, Names 3 Regional VPs
Sep 3 2015 // XL Catlin’s Excess & Surplus (E&S) Casualty business has unveiled a new geographically-focused structure and named three new regional leaders. Coy Rudd is appointed East regional vice president in New York;...
Emerton and Fisher Join Allied World’s Expanded Casualty Team
Sep 3 2015 // Allied World Assurance Company Holdings, AG announced that its Allied World Global Markets unit has expanded its casualty team with the appointments of James Emerton as Vice President and Martin Fisher as Assistant Vice...
NFP Acquires Insurance Management Associates in New Jersey
Sep 1 2015 // NFP, a New York City-based provider of employee benefits, property/casualty insurance, retirement and wealth management services, announced today that it has acquired Insurance Management Associates (IMA) in Voorhees, New...
Lloyd’s Casualty Reinsurance Underwriters Concerned History Repeating Itself
Sep 1 2015 // Lloyd’s international casualty reinsurance underwriters are running the risk of repeating the same mistakes that have placed the market in difficulty in the past, according to a new straw poll of Lloyd’s...
Auto-Owners Insurance Acquires North-Carolina Based Atlantic Casualty
Aug 26 2015 // Strickland Insurance Group, Inc. has reached a definitive agreement for Atlantic Casualty Insurance Co., based in Goldsboro, N.C., to be acquired by Auto-Owners Insurance Group of Lansing, Mich. According to Bobby...
Everest Re Names Germano, Morelli to U.S. Specialty Casualty Posts
Aug 19 2015 // Everest Re Group, Ltd. announced two leadership appointments to its U.S. Insurance Specialty Casualty Operation. Connie Germano has been appointed leader of the U.S. Specialty Casualty Operation, responsible for the...
UPDATE: Tianjin Blast Claims Could Top Estimates, Strain Chinese Insurers
Aug 18 2015 // Insurance claims from the devastating explosions at the Chinese port of Tianjin last week could exceed initial estimates and strain the finances of regional insurers, credit ratings agency Fitch said on Tuesday. Credit...
Florida Approves Removal of Up to 280,857 Policies From Citizens
Aug 12 2015 // The Florida Office of Insurance Regulation announced today that it has approved the removal of up to 279,357 personal residential policies and 1,500 commercial residential polices from Citizens Property Insurance...
