Latest Casualty Headlines
All the headlines from our Casualty Topic Page, ordered by recency.
Virginia’s Kinsale Capital Group Announces Underwriting Promotions
Mar 20 2020 // Kinsale Capital Group Inc. has announced four underwriting promotions. Patrick L. Dalton was named senior vice president of Casualty, John R. Bowen Jr. was named vice president of Construction, Jason E. Hoover was named...
Broker BMS Appoints Pfeffer from OneBeacon as U.S. Chief Casualty Officer
Mar 19 2020 // BMS Group, the independent specialist re/insurance broker, announced the appointment of Jonah Pfeffer as chief casualty officer at BMS Re U.S., effective immediately. He will report to Pete Chandler, president and CEO at...
Illinois Casualty to Suspend Billing to Restaurants, Taverns in COVID-19 Response
Mar 18 2020 // Beginning on March 20, Rock Island, Ill.-based Illinois Casualty Co. (ICC), a wholly owned subsidiary of ICC Holdings Inc., will temporarily suspend all insurance premium billing for 30 days. The company said the action is...
Canopius Acquires Bermuda-Based Specialty Reinsurer Multi-Strat Holdings
Mar 16 2020 // Canopius Group Ltd. has purchased a majority stake in Bermuda-based Multi-Strat Holdings Ltd. Financial details of the transaction were not disclosed. MultiStrat is a specialty reinsurance group that writes both...
Ratings of Illinois’ Echelon Property & Casualty and Parent, Guardian, Downgraded
Mar 10 2020 // AM Best has downgraded the Financial Strength Rating (FSR) to B- (Fair) from B (Fair) and the Long-Term ICR to “bb-” from “bb” of Echelon Property & Casualty Insurance Co., based in Chicago. AM...
Atlantic Casualty to Create 83 Jobs, Invest $11.8M in North Carolina Operations
Mar 9 2020 // Atlantic Casualty Insurance Co., a national provider of commercial insurance products, will create 83 jobs and invest more than $11.8 million through an expansion of its Wayne County, N.C., headquarters, according to a...
Hamilton Managing Agency Taps Aspen’s Fergusson as Head of Excess Casualty
Mar 6 2020 // Hamilton Insurance Group, the Bermuda-headquartered group of companies that underwrite specialty insurance and reinsurance, announced that Fergus Fergusson has been appointed to the position of division head, Excess...
Safety National Casualty Promotes 4 in Senior Management Roles
Mar 6 2020 // Safety National Casualty Corp., a specialty insurance and reinsurance provider headquartered in St. Louis, Missouri, has promoted four executives on its leadership team. Steve Divine, the current senior vice president –...
Nationwide, Generali Form Joint Venture N2G to Sell Multinational Commercial Lines
Feb 27 2020 // Trieste, Italy meet Columbus, Ohio. Ciao! Hello! Two large insurers — Ohio’s Nationwide and Italy’s Generali — are teaming up to serve commercial insurance customers with global needs. The insurers...
Spark Online Events Debuts Property & Casualty Virtual Insurance Career Fair
Feb 24 2020 // San Francisco, CA, February 20, 2020 – In an effort to meet the younger generation where they are – on their computers and phones –Spark Online Events, a division of Direct Connection Advertising & Marketing,...
Swiss Re 2019 Profit Hit by Natural Disasters, U.S. Casualty Claims
Feb 20 2020 // Reinsurer Swiss Re reported on Thursday a smaller-than-expected profit in 2019 due to claims for a series of man-made and natural disasters, as well as expenses for its U.S. casualty business, sending its shares lower. Net...
Everest Insurance Adds 4 Underwriters to E&S Casualty Excess Group
Feb 19 2020 // Everest Insurance has added four underwriters within its Excess & Surplus Casualty Excess group. The new members of the group include: Kelly Doyle, who joins Everest as a senior underwriter based in the company’s...
Atlantic Casualty to Create 83 Jobs, Invest $11.8M in North Carolina Operations
Feb 19 2020 // Atlantic Casualty Insurance Co., a national provider of commercial insurance products, will create 83 jobs and invest more than $11.8 million through an expansion of its Wayne County, N.C., headquarters, according to a...
Chubb Expands Incident Reporting Tool to Excess Casualty Clients
Feb 18 2020 // Chubb has expanded access of its Incident Alert tool to its Excess Casualty clients during catastrophic events. The tool, which has previously been used by Chubb environmental and cyber customers, now can assist Excess...
HCI Approved by Florida Regulator to Replace Anchor P&C Coverage for 43K Insureds
Feb 18 2020 // The Florida Office of Insurance Regulation has approved a plan for Homeowners Choice Property and Casualty Insurance Company, a subsidiary of HCI Group, to provide replacement policies for Anchor Property and Casualty...
Global Commercial Insurance Prices Increase 11% in 4th Quarter 2019: Marsh
Feb 12 2020 // Global average commercial insurance prices increased 11% in the fourth quarter of 2019, according to the Global Insurance Market Index released by insurance broker Marsh. The fourth quarter rise in prices was the largest...
20 Things to Know About Surplus Lines Insurance in 2020
Feb 10 2020 // As we embark upon a new decade, the surplus lines insurance market has never been stronger. Growth in specialty products and demand for insurance protection in an increasingly dynamic, technological climate necessitates a...
Csik to Take Over as COO of Safety National Casualty as Luebbert Retires
Feb 4 2020 // St. Louis, Missouri-based specialty insurance and reinsurance provider, Safety National Casualty Corp., is changing its executive management structure, effective April 1, 2020. Steve Luebbert, chief operating officer, will...
Sipe Promoted to Property/Casualty Sr. VP at Ohio’s Great American Insurance
Feb 3 2020 // Cincinnati, Ohio-based Great American Insurance Group has promoted Carol Sipe to senior vice president within its Property/Casualty Group. Since 2009, Sipe has served as president of Summit, a provider of workers’...
Willis Re Names Green as Head of Int’l Casualty Reinsurance, Philipsz as Australia CEO
Jan 21 2020 // Willis Re, the reinsurance broking business of Willis Towers Watson, announced the appointment of Cameron Green as head of its International Casualty Reinsurance practice as well as chair of Willis Re Australia. In this...
