Latest Casualty Headlines
All the headlines from our Casualty Topic Page, ordered by recency.
2015 Insurance Industry Meetings & Conventions Directory
Jan 12 2015 // Welcome to Insurance Journal‘s 2015 Insurance Industry Meetings and Conventions Directory. The information in this directory is taken from a larger database containing additional information on these and other...
Top 10 Casualty Insurance Trends for 2015
Jan 12 2015 // While casualty insurance rates are stable and new capacity continues to enter the market, certain classes of business continue to be difficult to place, according to Marsh’s U.S. Casualty Practice. Following are 10...
Markel Names Huels Managing Director, Brokerage Casualty in Chicago
Jan 7 2015 // Markel appointed Matt Huels as managing director, brokerage casualty, for its product line leadership team. He is based in Chicago. Huels comes to Markel from XL, where he was vice president of the casualty product line...
Topel Joins Hays Cos. in Chicago as President of Property/Casualty
Jan 6 2015 // Hays Companies announced Steve Topel has joined its Chicago operations as president of property and casualty. He will be responsible for spearheading new business development, overall office leadership, and recruiting...
Berkshire Hathaway Specialty Names Execs for New Hong Kong Facility
Jan 5 2015 // Berkshire Hathaway Specialty Insurance (BHSI) announced that it has received an insurance license to carry on all classes of General Business in and from Hong Kong and has consequently filled several key positions in its...
Report: Texas Insurance Industry Impacts State Economy in a Big Way
Dec 23 2014 // A new study commissioned by group of state and national trade associations shows that the insurance industry — including both the property/casualty and life/health sectors — positively impacts the Texas economy. For...
Top 10 Casualty Insurance Trends for 2015: Marsh
Dec 17 2014 // While casualty insurance rates remain stable overall and new capacity continues to enter the market, certain classes of business continue to be difficult to place, according to Marsh’s U.S. Casualty Practice. The...
RLI Promotes Drees to VP, Casualty Brokerage
Dec 12 2014 // Peoria, Ill.-based specialty insurer RLI Corp. has promoted Dennis Drees to vice president, casualty brokerage. Drees will lead RLI’s primary and excess/umbrella surplus lines business units. Drees joined RLI in 1994...
Casualty Catastrophes Threaten (Re)Insurers’ Balance Sheets: Guy Carpenter
Dec 10 2014 // The “casualty catastrophe” is perhaps the most daunting threat that casualty (re)insurers face today, according to GCCapitalIdeas.com, Guy Carpenter’s thought-leadership blog. Casualty (or liability...
Berkshire Hathaway Specialty Insurance Enters Singapore, Names Key Leaders
Dec 8 2014 // Berkshire Hathaway Specialty Insurance (BHSI) announced that it has received its non-life insurance license in Singapore, and named Marc Breuil as regional president, Marcus Portbury as head of third party lines, and Peter...
2014 State Specialist P/C Insurers Revealed
Dec 1 2014 // The Demotech Company Classification System categorizes insurers into one of 11 categories based on an analysis of data reported by the companies to the National Association of Insurance Commissioners (NAIC). The 11...
Aspen US Realigns Casualty Business Around 4 Product Lines
Nov 6 2014 // Aspen US Insurance, part of the insurance segment of Aspen Insurance Holdings Limited, unveiled a realignment of its Casualty business, shifting from a general casualty model to a specialty one. The announcement said that...
AIG Q3 Net Income Rises 1% to $2.19B, More Share Buybacks Planned
Nov 4 2014 // Insurer American International Group on Monday reported better-than-expected third quarter earnings, bolstered in part by improved performance at core insurance operations. After-tax operating income jumped 23 percent from...
Bauer Joins Integro’s Casualty Practice in Oregon
Oct 31 2014 // Insurance brokerage and risk management firm Integro has named Kate Bauer as vice president in its casualty practice. Bauer will be based in Portland, Ore. and she will work with Integro clients to develop and deliver...
Florida Approves Up to 183K Takeouts from Citizens for 2015
Oct 30 2014 // The Florida Office of Insurance Regulation (OIR) has approved the removal of up to 180,040 personal residential policies and 2,527 commercial residential polices from Citizens Property Insurance Corp. The OIR said these...
Universal Property & Casualty Insurance Licensed in Indiana
Oct 29 2014 // Universal Insurance Holdings Inc. announced that its subsidiary, Universal Property & Casualty Insurance Company (UPCIC), has been approved as a licensed insurance entity in Indiana. UPCIC expects to file its...
Stratton Promoted to Property/Casualty Underwriter at J.M. Wilson
Oct 28 2014 // J.M. Wilson has promoted Kristy Stratton to property/casualty underwriter in its Portage, Mich., office. She is responsible for quoting new and renewal accounts for a wide variety of commercial property and casualty risks,...
P/C Insurers’ Net Income Rose in First-Half of 2014
Oct 20 2014 // U.S. property/casualty insurers’ net income rose $1.6 billion to $26.0 billion in first-half of 2014 while pretax operating income fell $1.9 billion to $23.9 billion in first-half 2014, a decrease driven by lower...
P/C Insurers’ Net Income Rose, Operating Income Fell in First Half
Oct 6 2014 // U.S. property/casualty insurers’ net income rose $1.6 billion to $26.0 billion in first-half of 2014 while pretax operating income fell $1.9 billion to $23.9 billion in first-half 2014, a decrease driven by lower...
Duperreault, Reardon and Deutsch Lead Hamilton Re into the ‘Data Analytics’ Future
Sep 22 2014 // If you’re going to successfully operate a relatively new reinsurance company in these troubled times, you better know what you’re doing. Fortunately Bermuda-based Hamilton Re would seem to pass muster. Firstly,...
