Latest Casualty Headlines
All the headlines from our Casualty Topic Page, ordered by recency.
Top 100 Property Casualty Independent Agencies
Aug 3 2009 // About This Report: The economy, soft market and industry consolidations continued to shake up the nation’s leading independent insurance agencies in 2008. Still, nearly half, or 45 percent, of the privately-owned...
Top 100 Privately-Held Property/Casualty Agencies
Aug 3 2009 // Top 100 Privately-Held Property/Casualty Agencies Ranked by Total 2008 P/C Premium Written 2008 Rank Agency Name, Main Office 2008 P/C Premium Written 2007 P/C Premium % Premium Change 2008 Other than P/C Premium 2008 P/C...
Colorado Casualty Appoints Irving to Regional VP for Arizona
Jul 29 2009 // Colorado Casualty, a Liberty Mutual Agency Markets regional company headquartered in Centennial, Colo., announced the appointment of Brent Irving to regional vice president for the company’s Arizona territory, which...
Chartis’ Moor Maps Out 20% Sale, Other Steps in Separating from AIG
Jul 27 2009 // Bailed-out insurer American International Group Inc. rebranded its property/ casualty business under the name Chartis Monday and said it would put the equity for the division into a separate company — key steps...
People
Jul 20 2009 // Colemont Insurance Brokers has named John Cleary as vice president and casualty broker. Cleary will be physically located in New Jersey, but he will be working as part of the Hartford, Connecticut office. He brings over 25...
Property/Casualty Industry’s Earnings Down 87% in Q1
Jul 20 2009 // The U.S. property/casualty industry’s net income fell 87 percent to $1.2 billion in the first three months of 2009, according to A.M. Best. “The year-over-year decline in earnings was due primarily to the...
Ohio Casualty Introduces Commercial Fleet Management System
Jul 17 2009 // Fairfield, Ohio-based Ohio Casualty, a Liberty Mutual Agency Markets regional company, has introduced Onboard Advisor, a fleet management system that helps companies increase commercial fleet safety and productivity, save...
San Diego Chartered Property Casualty Underwriters Society Installs Officers
Jul 15 2009 // The San Diego Chapter of the Chartered Property Casualty Underwriters (CPCU) Society installed new 2009-2010 officers and directors. Officers include: President Tyler Hamilton of Alliant Specialty Insurance Services;...
State Auto: How a Regional Carrier Weathers the Storms
Jul 6 2009 // CEO Restrepo Talks Cat Losses, Premium Growth and Independent Agents Regional property/casualty insurance companies don’t make headlines like the large institutions. They simply go about their business serving...
Indiana, Missouri Ban New Business from Universal Casualty
Jul 6 2009 // Indiana ordered Elk Grove Village, Ill.-based auto insurer Universal Casualty Company (UCC) to stop writing new policies in the state until the company can demonstrate “improved business practices,” according...
People
Jul 6 2009 // Jeffrey A. Vanderpool has been promoted to senior vice president and chief claims officer at Sunshine State Insurance Co. in St. Augustine, Fla. Vanderpool has served as vice president of caims since he joined the insurer...
2009 Near National P/C Insurers
Jul 6 2009 // 2009 Near National P/C Insurers Company Name 2009 Demotech Company Classification 2008 Demotech Company Classification 2007 Demotech Company Classification Affiliated FM Insurance Co. Near National Near National Near...
Congress Told New Consumer Agency Not Needed for P/C Insurance
Jun 25 2009 // There is no need for a federal consumer protection agency for property/casualty insurance products, state insurance regulators and insurers told Congress. In testimony before the House Committee of Financial Services on a...
Indiana Joins Missouri in Banning New Business from Universal Casualty
Jun 19 2009 // Indiana has ordered Elk Grove Village, Ill.-based auto insurance company Universal Casualty Company (UCC) to stop writing new policies in the state until the company can demonstrate “improved business...
Obama Insurance Views Mirror Those of P/C Agents, Insurers, Regulators
Jun 17 2009 // The Obama administration’s views on insurance regulation are in keeping with those of many within the property/casualty insurance industry as well as state regulators who now regulate the industry. Most in the...
Pressure Is On to Catch a Few Bad Apples
Jun 15 2009 // Fraud Investigators on Alert to Prevent Property/Casualty Agent Abuses from Spreading Those who track insurance criminals for a living say that as the economy has worsened, insurance fraud has been on the rise — and...
How Actuaries Help P/C Insurers Navigate Uncertain Markets
Jun 11 2009 // Property/casualty insurers and reinsurers rely more than ever on the expertise of actuaries at a point in the cycle when the market is neither softening nor hardening, attendees at the CAS Seminar on Reinsurance were told...
Ohio’s State Auto Announces New Management Positions
Jun 11 2009 // Columbus, Ohio-based State Automobile Mutual Insurance Company and State Auto Property & Casualty Insurance Company have announced new managers in various divisions. Robert (Bob) A. Bachtell is claim manager for State...
Chartered Property Casualty Underwriters Society Chapter Elects Officers
Jun 4 2009 // The San Gabriel Valley, Calif., Chapter of the Chartered Property Casualty Underwriters Society recently elected its 2009-2010 officers. The chapter services about 100 members who live or work in the San Gabriel Valley and...
State Auto: How a Regional Carrier Weathers the Storms
Jun 1 2009 // CEO Restrepo Talks Cat Losses, Premium Growth and Independent Agents Regional property/casualty insurance companies don’t make headlines like the large institutions. They simply go about their business serving...
