Latest Casualty Headlines
All the headlines from our Casualty Topic Page, ordered by recency.
AIG’s Regional Casualty Exec Thomas Joins Victor O. Schinnerer in Maryland
Sep 17 2014 // Underwriting manager Victor O. Schinnerer & Company Inc. in Chevy Chase, Maryland, has hired Scott P. Thomas as senior vice president and senior underwriting manager leading the firm’s property/casualty segment...
ACE Launches Global Primary Casualty Unit for U.S., Canadian Multinational Companies
Sep 11 2014 // ACE has launched a new division that consolidates its U.S. and global casualty offerings to create ACE Risk Management Global Casualty. The division will provide more efficient underwriting and servicing for large...
Liberty International Adds 8 Underwriters to U.S. Excess Casualty Unit
Sep 10 2014 // Global specialty insurer Liberty International Underwriters (LIU), part of Liberty Mutual Insurance Group, has added eight underwriters to its U.S. Excess Casualty Division. “Our new staff brings added skill and...
South Carolina’s Companion P&C to Be Acquired by Enstar Group
Aug 27 2014 // Enstar Group Limited in Bermuda said Tuesday it has entered into a definitive agreement to acquire Companion Property and Casualty Insurance Company from Blue Cross and Blue Shield of South Carolina. The total...
Swiss Re Corprate Solutions Promotes Vetter, Names Moor to Casualty Posts
Aug 14 2014 // Swiss Re Corporate Solutions has named Robley Moor as head of casualty North America. With this appointment, Moor becomes managing director. He succeeds Daniel Vetter, who is promoted to global head of casualty in the...
Nationwide Mutual P/C Felt Pain of June Storms
Aug 14 2014 // Nationwide Mutual Insurance Co.’s property/casualty arm performed solidly in the 2014 second quarter, despite the Polar Vortex and major storm activity that hampered earnings over the first six months of the...
Beecher Carlson Names Managing Director of Northeast Casualty Brokerage
Aug 12 2014 // Beecher Carlson Insurance Services LLC, a specialized large account brokerage and a wholly-owned subsidiary of Brown & Brown Inc., appointed Joe Roberta as managing director of the Northeast Casualty...
Court Named President of First American Property and Casualty in California
Aug 11 2014 // First American Property and Casualty Insurance Group has named James J. Court president of the company. Court is based in the company’s office in Santa Ana, Calif. Dirk McNamee assumes the role of vice...
Wholesale Trading Co-Op Hires Casualty Broker in New York
Aug 4 2014 // Wholesale Trading Co-Op Insurance Services (WTCI) has hired Jennifer Terra as vice president/casualty broker. Terra joins WTCI from Partners Specialty Group, where she specialized in the analysis and placement of complex...
Privately-Held Independent Property/Casualty Agencies
Aug 4 2014 // About This Report: Welcome to the 10th annual Insurance Journal Top 100 Independent Property/Casualty Agencies report. The Top 100 list is ranked by total property/casualty agency revenue for 2013 and comprises only those...
UnitedHealth’s $173M Fine May Be Warning to P/C Insurers
Jul 30 2014 // A decision by California Insurance Commissioner Dave Jones to fine UnitedHealth Group $173.6 million for violations having to do with the Unfair Business Practices Act, the Unfair Insurance Practice Act and unfair claims...
Safety National Casualty Corp. Opens Dallas Regional Office
Jul 30 2014 // Safety National Casualty Corp., a provider of excess workers’ compensation insurance and large casualty multi-line offerings, has opened a regional office in Dallas, Texas. The Dallas office is the sixth regional...
Best Assigns Ratings to Starr Property & Casualty Insurance (China)
Jul 17 2014 // A.M. Best has assigned the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” to Starr Property & Casualty Insurance (China) Company, Limited (Starr China), formerly...
Ratings of Louisiana-Based Imperial Fire and Casualty Upgraded
Jul 11 2014 // A.M. Best removed from under review with positive implications and upgraded the financial strength rating (FSR) to A- (Excellent) from B+ (Good) and the issuer credit rating (ICR) to “a-” from...
Purchase Brings Ratings Review of Louisiana’s Imperial Fire and Casualty
Jun 30 2014 // A.M. Best has placed under review with positive implications the financial strength rating (FSR) of B+ (Good) and the issuer credit rating (ICR) of “bbb-” of Imperial Fire and Casualty Insurance Company...
Barry Named Director of Property/Casualty Underwriting at J.M. Wilson
Jun 25 2014 // Managing general agency and surplus lines broker J.M. Wilson, based in Portage, Mich., promoted Roxanne Barry, to director of property and casualty underwriting. Roxanne Barry In addition to her role as property and...
XL’s Excess Casualty Business Adds Damsky in Northern California
Jun 19 2014 // XL Group’s global excess casualty team has added Joanne Damsky as a senior underwriter in San Francisco. Damsky reports to Matt Stitham, vice president of excess casualty’s Western zone. Damsky has 20 years of...
Texas Property/Casualty Symposium to Focus on Insurance Industry Changes
Jun 19 2014 // The Insurance Council of Texas (ICT) will host its 22nd Annual Mid-Year Property & Casualty Symposium in Austin on July 17. Speakers include industry leaders from the Insurance Information Institute (III), the...
Best Affirms Gen Re and Subs Ratings; Outlook Stable
Jun 18 2014 // A.M. Best has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of General Reinsurance Corporation, headquartered in Stamford, Connecticut,...
How New Capital is Changing P/C Industry and What To Do About It
Jun 17 2014 // As waves of capital reshape reinsurer’s business model, the property/casualty insurance industry needs to change although exactly how remains a matter of debate. Reinsurers face a growing threat from the capital...
