Latest Casualty Headlines
All the headlines from our Casualty Topic Page, ordered by recency.
2016 State Specialist P/C Insurers Revealed: Demotech
Dec 5 2016 // The Demotech Company Classification System categorizes insurers into one of 11 categories based on an analysis of data reported by companies to the National Association of Insurance Commissioners (NAIC). The 11 categories...
People
Nov 21 2016 // Former long-time Chubb executive Dino E. Robusto assumes the roles of CNA chairman and chief executive officer on Nov. 21, succeeding Thomas F. Motamed, who is retiring after eight years in those positions. The succession...
Allied World APAC Appoints 2 Casualty Specialists from AIG
Nov 16 2016 // Allied World Assurance Company Holdings announced two appointments to its General Casualty Division in Asia: Daphne Boon to the position of vice president, head of General Casualty (Asia), and Christie Huang Shuying to...
XL Catlin Appoints Luck as President of Global Excess Casualty Business
Nov 10 2016 // XL Catlin has appointed Barbara Luck as president of its Global Excess Casualty business, promoted from her current role as chief underwriting officer of XL Catlin’s Global Risk Management business. Assuming her new...
New York’s AmTrust Acquires AmeriHealth Casualty Insurance
Oct 31 2016 // AmTrust Financial Services Inc., a multinational insurance holding company headquartered in New York City, has entered into an agreement to acquire AmeriHealth Casualty Insurance Company from Independence Health Group Inc....
Missouri-Based Wallace & Associates Adds Brown as Property/Casualty Producer
Oct 28 2016 // Wallace & Associates Insurance Agency, based in Jackson, Mo., recently hired Ron Brown as its property/casualty producer. In this position, Brown will handle automobile and home insurance for new and existing accounts,...
Fischer Named VP, Property/Casualty Service Leader at Hylant
Oct 26 2016 // Ohio-based privately owned insurance brokerage firm, Hylant, has named Debbie Fischer to the newly created position of vice president, property/casualty service leader. Most recently, she was vice president, client...
Outlooks Revised to Negative for Texas Farm Bureau Casualty Insurance, Subsidiary
Oct 5 2016 // A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” of Texas Farm Bureau Casualty Insurance Co....
Liberty Mutual Adds 2 Excess Casualty Products for Large Companies
Sep 29 2016 // Liberty Mutual Insurance has launched two new excess casualty products for large companies: the Utility Follow Form Excess for the power and utility sectors, and the Integrated Occurrence Form for the large corporate...
Atlantic Casualty Adds Cindy Aberle as Assistant Vice President – Garage
Sep 26 2016 // Scottsdale, AZ, September 26, 2016- Atlantic Casualty Insurance Company has hired Cindy Aberle to develop and manage its new Garage product offered through contracted wholesalers. Aberle, formerly with Century Insurance...
Casualty Losses and Cyber, Crop, Property Demand Driving Reinsurance Growth: Aon
Sep 12 2016 // Reinsurance demand has increased over the past 18 months, with the cession ratio across the global property/casualty insurance industry registering a small rise for the first time in several years, and the trend expected...
Everest Re Group Names Schaetti as Head of Casualty U/W, Zurich Branch
Sep 2 2016 // Everest Re Group, Ltd. announced that Robert Schaetti will join the Zurich branch of Everest Re Group as head of Casualty Underwriting. Schaetti joins Everest Re from Partner Re where he most recently served as head of...
Endurance Global Risk Solutions Adds Workers’ Comp Product
Aug 24 2016 // Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has launched a new workers’ compensation insurance product for its Global Risk Solutions...
Top 100 Independent Property/Casualty Agencies
Aug 8 2016 // About This Report: Welcome to the 12th annual Insurance Journal Top 100 Independent Property/Casualty Agencies report. The Top 100 list is ranked by total property/casualty agency revenue for 2015 and comprises only...
Professional Liability ‘Business Enterprise Exclusion’ Upheld in Wisconsin
Aug 8 2016 // The Wisconsin Supreme Court has put to a rest a case in which an insured alleged breach of faith when the insurance company that wrote his professional liability errors and omissions insurance policy denied coverage due to...
J.M. Wilson Promotes Galecka; Hires Richards and Moloney
Aug 1 2016 // J.M. Wilson, based in Portage, Mich., has promoted Kristy Galecka to senior property/casualty underwriter and garage specialist. Galecka is responsible for quoting new and renewal accounts for a wide variety of commercial...
Wisconsin Supreme Court Upholds Professional Liability ‘Business Enterprise Exclusion’
Jul 29 2016 // The Wisconsin Supreme Court has put to a rest a case in which an insured alleged breach of faith when the insurance company that wrote his professional liability errors and omissions insurance policy denied coverage due to...
A.M. Best Withdraws Ratings of Century Casualty Company in Georgia
Jul 28 2016 // A.M. Best has affirmed the financial strength rating (FSR) of B (Fair) and the issuer credit rating (ICR) of “bb+” of Century Casualty Company in Alpharetta, Ga. The outlook for the FSR remains stable, while...
Universal Property & Casualty Expands Into Alabama Homeowners Market
Jul 25 2016 // Universal Insurance Holdings, Inc. was approved in June by the Alabama Department of Insurance to write homeowners insurance in the state through its subsidiary Universal Property & Casualty Insurance Company (UPCIC)....
Everest Insurance Expands Umbrella, Excess Casualty Offering
Jul 21 2016 // Everest Insurance has expanded its umbrella and excess casualty offering with their new Peak Protect policy form. Peak Protect is an enhanced commercial umbrella policy form. Everest has also included Crisis Event...
