Latest Casualty Headlines
All the headlines from our Casualty Topic Page, ordered by recency.
XL Names Chief Underwriting Officer for Primary Casualty Unit in N.Y.
Aug 8 2012 // XL Group plc has appointed Barbara Luck as chief underwriting officer in its North America primary casualty business. Based in New York, Luck will assume her new position on August 13. She will report to Ken Riegler,...
WKFC Underwriting Managers Appoints Chief Casualty Officer in New York
Aug 6 2012 // Melville, N.Y.-based WKFC Underwriting Managers has appointed Adam Schnell as chief casualty officer. In his new role, Schnell will focus on developing new casualty product offerings with an emphasis on products liability...
Marsh USA Executive Joins XL Group’s Primary Casualty Unit in New York
Aug 2 2012 // XL Group plc has appointed industry veteran Alfred Bergbauer as head of multinational casualty in North America. Bergbauer will report to Ken Riegler, president of XL Group’s North American Primary Casualty group. He...
Lev Joins Property and Casualty Team at Assurance as Vice President
Jul 26 2012 // Illinois-based insurance brokerage, Assurance, has added Avi Lev to its growing property/casualty insurance team as a vice president. Lev brings over five years of experience in the insurance industry with a special focus...
Dsouza Joins Argo Group in Dubai as Casualty, Professional Lines Underwriter
Jul 25 2012 // Argo Group International Holdings, Ltd. announced that Jason Dsouza has joined Argo Re (DIFC) Ltd. in Dubai as a casualty and professional lines underwriter. He will report to Argo Re (DIFC’s) Chief Underwriting...
Costs Driving Changes, Opportunities in New World of Benefits Brokerage
Jul 24 2012 // Group health insurance brokerage is changing but the changes are not primarily due to Congress or the courts. Rather the changes are being driven by costs — the cost of healthcare coverage and the cost of serving...
AIG Executive Joins Allied World’s Excess Casualty Unit in New York
Jul 19 2012 // Allied World U.S., part of Switzerland-headquartered Allied World Assurance Company Holdings AG, has appointed Kevin Maloney as vice president, excess casualty.Kevin MaloneyBased in Allied’s New York City office,...
W.R. Berkley Appoints Executive for Excess Casualty Unit in Conn.
Jul 13 2012 // W.R. Berkley Corporation has appointed Michael Fujii as president of its newly formed Berkley Custom Insurance Managers unit in Stamford, Conn. Fujii has over 35 years of experience in the specialty property/casualty...
Allied World U.S. Launches Construction Casualty Unit in New York
Jul 11 2012 // Switzerland-headquartered Allied World Assurance Company Holdings AG has expanded its U.S. casualty operations with the launch of a new construction casualty division. The new division will be run from Allied’s New...
Guy Carp’s July 1 Renewals Report: ‘Plentiful Capacity;” Low Insured Losses
Jul 10 2012 // According to a report from Guy Carpenter the July first reinsurance renewals “took place against a backdrop of plentiful capacity,” as capital “has continued to strengthen through the second quarter of...
Property/Casualty Insurance Professionals Nationwide Get New Revenue Stream and Client Retention Tool with ValueAppeal PRO® Property Tax Service
Jul 10 2012 // Seattle, WA, 07/10/12 – ValueAppeal, a pioneering online do-it-yourself property tax appeal service developed to help homeowners ensure that they are not overpaying their property taxes, today announced the launch of...
Business Moves – Southeast
Jul 2 2012 // Gallagher, Whitehaven Illinois-based global insurance broker Arthur J. Gallagher & Co. has acquired Whitehaven Insurance Group, Inc. in Gulf Shores, Alabama. Terms of the transaction were not disclosed. Founded in...
Devall to Lead London Business for Crawford’s U.S. Property/Casualty Unit
Jun 29 2012 // Longtime London market executive James B. Devall has joined Crawford & Co. in its Dallas office to lead the company’s London-fronted business in the U.S. As vice president and managing director of London program...
P/C Insurers Profits Rose to $10.1B in Q1
Jun 27 2012 // Private U.S. property/casualty insurers’ net income after taxes rose to $10.1 billion in first-quarter 2012 from $7.8 billion in first-quarter 2011, with insurers’ overall profitability as measured by their...
Sullivan Brokers Enhances Casualty Practice with Addition of Jim Viera
Jun 25 2012 // Los Angeles, CA, 06/25/12 – Sullivan Brokers Wholesale Insurance Solutions is pleased to announce that James Viera has joined the firm’s Casualty Practice Group in the position of Senior Broker. “Jim is...
Best Affirms Kemper Corp., Subs and Affiliates Ratings
Jun 18 2012 // A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of the property/casualty subsidiary and affiliated insurance companies...
How Predictive Modeling Has Revolutionized Insurance
Jun 18 2012 // The use of predictive modeling has forever changed the way insurance policies are priced. The revolutionary tool allows insurers to design ever-more-sophisticated models that tap ever-more-detailed data sets to refine...
Best Affirms General Reinsurance Corp’s ‘A++’ Ratings; Outlook Stable
Jun 18 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of General Reinsurance Corporation and its core property/casualty and life...
Business Moves – Midwest
Jun 18 2012 // Atlas Atlas Financial Holdings Inc. has started selling its core commercial automobile insurance products in Utah, becoming the 31st state where Atlas is actively underwriting. Atlas’ insurance subsidiaries, American...
What Do Millennials Want?
Jun 18 2012 // Flexibility, Balance, Respect and Accessibility Are Important, Studies Find There’s a lot of talk in property/casualty insurance circles these days about how the industry is going to replace the huge wave of baby...
