Latest Casualty Headlines
All the headlines from our Casualty Topic Page, ordered by recency.
Washington Casualty Reinstated in Oregon
Oct 5 2007 // Medical professional liability insurer Washington Casualty Co. announced that it has earned the reinstatement of its license to underwrite insurance in Oregon, as determined by the Oregon Department of Insurance. The...
U.S. P/C Insurers’ Reserving Likely To Remain Prudent, S&P Says
Oct 1 2007 // Will increased competition and lower pricing lead U.S. property/casualty insurers to skimp on reserves? Not according to a report published by Standard & Poor’s Ratings Services. The article, “For U.S....
Washington Casualty Adds New Managing Director
Sep 25 2007 // Medical professional liability insurer Washington Casualty Co. (WCC), today announced it has named Mike Rutz to the newly created position of managing director. WCC is a wholly owned subsidiary of Lansing, Mich.-based...
P/C Insurers’ Underwriting Results, Profitability Slip in First-Half 2007
Sep 25 2007 // The U.S. property/casualty insurance industry’s overall profitability as measured by its annualized rate of return on average policyholders’ surplus (or statutory net worth) slipped to 13.1 percent in...
Ohio Casualty officially joins the Liberty Mutual agency family
Sep 24 2007 // With $7.3 billion in premium, Liberty Mutual Agency Markets becomes the largest regional independent agency force Boston-based insurance giant Liberty Mutual Group is now the largest regional provider of property and...
Surplus Lines Rules Clarified for Calif. Retail Agents
Sep 24 2007 // California retail agent-brokers not transacting insurance on behalf of surplus line broker organizations are not required to follow a new law affecting surplus lines brokers, the California Department of Insurance...
What’s ahead for Liberty Mutual, Ohio Casualty independent agents?
Sep 24 2007 // For agents, the Liberty Mutual Agency Markets acquisition of Ohio Casualty promises to be a matter of addition, not subtraction. For the most part, Ohio Casualty’s 3,400 agents will join with and not replace or be...
Ohio Casualty Honored by PIA with National Company Award of Excellence
Sep 19 2007 // Ohio Casualty Group, now operating as Ohio Casualty, a regional company within Liberty Mutual Agency Markets, was honored recently with the 2007 National Company Award of Excellence by the National Association of...
Dale Approved Miss. Farm Bureau Casualty Co. Rate Reductions
Sep 14 2007 // In a step seen to indicate further stabilization of the Mississippi insurance market, Commissioner of Insurance George Dale announced that he has approved two rate filing reduction requests filed by Mississippi Farm Bureau...
Guy Carpenter Issues EU Casualty Specialty Report
Sep 12 2007 // Guy Carpenter & Company has published a new report “Casualty Specialty Update,” which covers the areas of liability catastrophe modeling, European environmental liability legislation and the impact of...
Maryland Officials to Explain Good Faith P/C Damage Filings
Sep 6 2007 // The Maryland Insurance Administration (MIA) will conduct a workshop to explain how it will implement newly enacted legislation that authorizes the award of enhanced damages against property and casualty insurance companies...
Latinos and property casualty insurance products
Sep 3 2007 // As the Latino population continues to grow, marketers are directing more efforts to reach this segment. Every company in the United States has asked itself the question: how do we attract Latino consumers? And many are now...
Ohio Casualty officially joins the Liberty Mutual agency family
Sep 3 2007 // With $7.3 billion in premium, Liberty Mutual Agency Markets becomes the largest regional independent agency force Boston-based insurance giant Liberty Mutual Group is now the largest regional provider of property and...
What’s ahead for Liberty Mutual, Ohio Casualty independent agents?
Sep 3 2007 // For agents, the Liberty Mutual Agency Markets acquisition of Ohio Casualty promises to be a matter of addition, not subtraction. For the most part, Ohio Casualty’s 3,400 agents will join with and not replace or be...
Ohio Casualty officially joins the Liberty Mutual agency family
Sep 3 2007 // With $7.3 billion in premium, Liberty Mutual Agency Markets now largest regional independent agency. Boston-based insurance giant Liberty Mutual Group is now the largest regional provider of property and casualty insurance...
News Currents
Sep 3 2007 // Ohio Casualty officially joins the Liberty Mutual agency family With $7.3 billion in premium, Liberty Mutual Agency Markets now largest regional independent agency Boston-based insurance giant Liberty Mutual Group is now...
People
Sep 3 2007 // Richard E. Meuret has been appointed vice president and manager, Field Operations Analysis, for Liberty Mutual Agency Markets regional company operations. Meuret will be based in the insurer’s Boston home office and...
Agency Specialty Forms Alliance with Midwest Employers Casualty
Aug 31 2007 // Agency Specialty Product Network (ASPN) has announced it has formed an alliance with Midwest Employers Casualty Co. (MECC), based in Chesterfield, Mo., to offer large deductible workers’ compensation programs (single...
Liberty Mutual Realigns Agency Companies to Welcome Ohio Casualty
Aug 27 2007 // Boston-based Liberty Mutual Group finalized its acquisition of Ohio Casualty Corp. on Friday, Aug. 24, 2007 and immediately announced a realignment of its $5.9 billion net premium regional agency company organization to...
Liberty Mutual Receives Regulatory Approvals for Ohio Casualty Acquisition
Aug 21 2007 // Liberty Mutual Group and Ohio Casualty Corp. recently announced that the Liberty Mutual Group has received approvals from the State of Ohio Department of Insurance and the State of Indiana Department of Insurance for the...
