Latest Casualty Headlines
All the headlines from our Casualty Topic Page, ordered by recency.
XL Hires ACE Exec as N.Y.-based President of America Casualty Business
Dec 15 2011 // XL Group’s North America property/casualty unit hired Ken Riegler as president of its North America casualty group. He will be based in New York and report to Seraina Maag, XL chief executive for North America...
Ironshore Names Tracey as VP, Specialty Casualty
Dec 14 2011 // Ironshore Inc. named Tracey Sharis as specialty casualty unit as vice president. Sharis will be responsible for expanding Ironshore’s distribution of retail and construction insurance programs within the United...
Starr Sets up Global Casualty Practice
Dec 6 2011 // Starr Companies has formed a Global Casualty Insurance Practice to provide underwriting for Starr’s general casualty insurance products. The new practice was designed to help continue a focused and consistent...
Haigood to Head Texas Fire and Casualty Insurer Association
Dec 5 2011 // Lyndell Haigood, regional vice president of State Auto Insurance Co., has been elected president of the Association of Fire and Casualty Companies in Texas (AFACT). Haigood was elected during AFACT’s annual meeting...
Insurers Boost California’s Economy by $34.7 Billion
Nov 29 2011 // California’s a $1.9 trillion economy gets a multi-billion dollar boost from the property/casualty insurance industry, according to a report from the Insurance Information Institute issued Tuesday. In 2009, insurers...
Best Affirms Zurich American and Subs ‘A+’ Ratings; Outlook Stable
Nov 22 2011 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Zurich American Insurance Company (Zurich US), headquartered in...
P/C Market to See Only Moderate Changes in Rates in 2012: Willis
Nov 21 2011 // Property/casualty insurance rates will continue to be flat to with some slight increases or decreases in most major and specialty lines of insurance. Some exceptions to that trend include catastrophe-exposed property...
Washington Casualty Names New Marketing Vice President
Nov 16 2011 // Washington Casualty Company (WCC), a provider of medical professional liability coverage and member company of Boston, Mass.-based Coverys, has promoted Cary Ecker to vice president of marketing. Cary will manage the WCC...
CNA Select Risk Appoints Bladek AVP, Casualty
Nov 15 2011 // Chicago-based CNA Select Risk, which includes excess and surplus (E&S) business, as well as wholesale property accounts, appointed Rich Bladek as assistant vice president of Select Risk – Casualty. Bladek will be...
CRC Insurance Services Appoints Casualty Broker in New Jersey
Nov 9 2011 // CRC Insurance Services, a wholesale broker headquartered in Birmingham, Ala., hired Kenneth Echols as a casualty broker for the Parsippany, N.J., office. In his new role, Kenneth will focus on helping retail insurance...
Sentry Expands Casualty Products to Clients with Overseas Operations
Nov 9 2011 // Sentry Insurance is now offering foreign general liability and foreign voluntary workers’ compensation to U.S.-based clients with multinational operations. Sentry’s foreign general liability product provides...
XL Appoints Seib as Excess Casualty Team President in New York
Nov 7 2011 // XL Group’s North America property/casualty insurance group appointed Lorraine Seib as president of its excess casualty team. Based in New York, Seib will manage XL’s global excess casualty business with...
People
Nov 7 2011 // Westfield Insurance, headquartered in Westfield, Ohio, selected Dennis Baus to lead the company’s surety operations. Baus assumes the national surety leader responsibilities on Jan. 1, 2012, replacing Rick Kinnaird...
The Demotech Company Classification System Reveals State Specialist Property/Casualty Insurers
Nov 7 2011 // Company Name State of Speciality 2010 TOTAL DPW Texas Mutual Insurance Co. TX 596,191 Old American County Mutual Fire Insurance Co. TX 575,100 SAIF Corporation OR 327,373 St. Johns Insurance Co. Inc. FL 257,106 Brickstreet...
People
Nov 7 2011 // Jim Donelon has been re-elected commissioner at the Louisiana Department of Insurance. Donelon, a Republican from Metairie, on Oct. 22 defeated Democrat Donald Hodge. Donelon has been insurance commissioner since...
P/C Market to See Only Moderate Changes in Rates in 2012: Willis
Nov 4 2011 // Property/casualty insurance rates will continue to be flat to with some slight increases or decreases in most major and specialty lines of insurance. Some exceptions to that trend include catastrophe-exposed property...
Loudwill Joins Endurance Specialty for Casualty Treaty
Nov 4 2011 // Endurance Specialty Holdings Ltd., announced that Steven Loudwill has joined the company as Treaty Underwriter, based in London. He has more than 14 years of industry experience, and will be responsible for developing the...
Swett & Crawford Adds Casualty Broker in Pennsylvania
Nov 2 2011 // Atlanta-headquartered wholesale intermediary Swett & Crawford hired Chris Hendrix as a new casualty broker at its Philadelphia-North office. Hendrix comes to Swett from Southern Cross Underwriters (CRC) where he spent...
Lockton Adds Technology Property & Casualty Leader in California
Oct 26 2011 // Kevin Hoskinson has joined Lockton as its technology practice leader focused on property and casualty insurance for technology companies. Hoskinson will work in Kansas City, Mo. Lockton’s San Jose, Calif. office....
Best Revises Allied World, Affiliates ICR Outlook to Positive; Affirms Ratings
Oct 26 2011 // A.M. Best Co. has revised the outlook to positive from stable and affirmed the issuer credit ratings (ICR) of “a” of Allied World Assurance Company, Ltd and its operating affiliates. Best also affirmed the...
