Latest Casualty Headlines
All the headlines from our Casualty Topic Page, ordered by recency.
Burns & Wilcox Brokerage Hires Ascolese as Casualty Broker in NYC
Mar 18 2015 // Burns & Wilcox Brokerage has hired Jerry Ascolese as casualty broker for its New York City office. Ascolese, who most recently served as senior vice president at R-T Specialty, will be responsible for providing...
Sedgwick to Oversee Louisiana Property/Casualty Self-Insurance Program
Mar 16 2015 // A new private contractor is being hired to oversee claims processing and loss prevention services for Louisiana’s self-insurance program. The Office of Risk Management announced that Sedgwick Claims Management...
ACE Makes New Appointments for Its Casualty Business in Asia Pacific
Mar 13 2015 // ACE Group has appointed Shaun Oliver to the role of head of casualty (energy and construction), Asia Pacific. The creation of this new role reflects the rapid growth and ongoing demand within this portfolio of business,...
Argo Insurance Offers New Excess Casualty Facility
Mar 6 2015 // Argo Insurance, the Bermuda-based platform for Argo Group International Holdings’ worldwide professional and casualty lines, has launched a new excess casualty facility. Effective immediately, the new offering...
Specialty Insurance Group Increases Casualty Capacity to $25M
Mar 4 2015 // Specialty Insurance Group (SIG) has increased its excess/umbrella coverage underwriting capacity to $25 million, an increase of $15 million. SIG provides specialty insurance programs in the sports, leisure and...
MacNeill Group Selected to Grow Commercial Property and Casualty Business
Feb 27 2015 // Sunrise, FL, February 27, 2015 – MacNeill Group, a wholly-owned subsidiary of Team Focus Insurance Group (Team Focus), and a licensed managing general agent (MGA) specializing in commercial, personal, transportation and...
Ullico Increases Fiduciary Liability Limits to $25 Million
Feb 23 2015 // Ullico Inc.’s property and casualty insurance subsidiary, Ullico Casualty Group, Inc., may offer up to $25 million in multiemployer fiduciary liability insurance in its program with Alterra America Insurance Co., a...
Navigators Launches Lloyd’s-Based International Casualty Unit
Feb 19 2015 // The Navigators Group, Inc. announced that Navigators Underwriting Agency Ltd., its wholly owned Lloyd’s managing agency subsidiary, has created an International Casualty unit, which will “offer a range of...
All Risks Adds White as Casualty/PL Broker in Atlanta Office
Feb 19 2015 // All Risks, Ltd. has announced that Jeffrey White has joined the Atlanta office as a casualty and professional lines broker. White has prior experience in the wholesale and retail insurance sectors as a producer and branch...
Outlook Revised to Stable for Illinois Casualty Co.
Feb 13 2015 // A.M. Best has revised the outlook to stable from negative for the financial strength rating (FSR) and issuer credit rating (ICR) of Illinois Casualty Co. (Illinois Casualty) in Rock Island, Ill., while affirming the FSR of...
AIG Q4 Profit Drops on Debt Repayments, Reserve Charges
Feb 13 2015 // American International Group Inc., the largest commercial insurer in the U.S. and Canada, said profit declined 67 percent on costs to pay down debt and add to reserves. Net income fell to $655 million, or 46 cents a share...
Cotnoir Named VP, Large Casualty at Safety National
Feb 4 2015 // Steve Cotnoir has been appointed vice president – large casualty at St. Louis, Mo.-based Safety National Casualty Corp. In his new role, Cotnoir will be responsible for leading large casualty field underwriting...
Ohio’s Westfield Insurance Expands Responsibilities of Leadership Team
Jan 30 2015 // Westfield Insurance, a super-regional property/casualty insurance carrier based in Westfield, Ohio, announced the following changes to its leadership team: Mike Prandi has been named to the new role of insurance operations...
Willis North America Appoints Peiser Head of Casualty Broking
Jan 28 2015 // Willis North America announced the appointment of Joe Peiser as head of Casualty Broking. In this newly created role, Peiser will be responsible for the strategic direction of Willis North America’s casualty...
Texas Bill Would Protect P/C Agent Ownership of Expiration Rights
Jan 26 2015 // A bill filed in the Texas Legislature for the 2015 session would clarify that insurance agents in the state have exclusive ownership of the expiration rights to property/casualty insurance policies they sell and place. HB...
XL Group Adds to Insurance Underwriting Team in Dallas
Jan 23 2015 // XL Group announced the addition of global risk management, construction primary casualty and inland marine underwriting expertise in its Dallas office. XL Group’s newest insurance underwriters include: Kristen Hough...
Glatfelter Insurance Group Announces 2 Promotions in Pennsylvania
Jan 22 2015 // Glatfelter Insurance Group (GIG) in York, Pennsylvania, promoted John Solari to president of Glatfelter Underwriting Services and chief underwriting officer for Glatfelter Programs, and Jim Partridge to president of...
California Court Rejects Insurance Challenge to Prop. 103
Jan 21 2015 // The Sacramento Superior Court issued a decision rejecting an insurance industry challenge on the California insurance commissioner’s regulations under Proposition 103 that limit the amount of advertising costs...
Texas Bill Would Protect P/C Agent Ownership of Expiration Rights
Jan 13 2015 // A bill filed in the Texas Legislature for the 2015 session would clarify that insurance agents in the state have exclusive ownership of the expiration rights to property/casualty insurance policies they sell and place. HB...
BHSI Lowers Casualty Minimum Premiums, Adds Deductible Options
Jan 13 2015 // Berkshire Hathaway Specialty Insurance (BHSI) is broadening its casualty appetite in the U.S., lowering its minimum policy premium for eligible products liability, general casualty, energy and trucking risks, while...
