Latest Casualty Headlines
All the headlines from our Casualty Topic Page, ordered by recency.
A.M. Best Assigns Credit Ratings to Texas’ Pan-American Casualty
Jan 19 2018 // A.M. Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” to Pan-American Casualty Co. (PACC) in Richardson, Texas, a wholly owned indirect subsidiary of...
A.M. Best: Ratings Outlooks Negative for Texas-Based Standard Casualty
Jan 18 2018 // 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 Rating of “a-” of Standard Casualty Co. (Standard...
Oklahoma Says Farmowners Insurance Program Insurer, Rockingham, Not Licensed
Jan 16 2018 // The Oklahoma Insurance Department says a farmowners insurance program being advertised in Oklahoma is not valid because the insurer, Rockingham Casualty Company, is not licensed to operate in the state. In early January,...
J.M. Wilson Adds James as Assistant Property/Casualty Underwriter in Ohio
Jan 12 2018 // J.M. Wilson has hired Taylor James as assistant property/casualty underwriter in its Westerville, Ohio, office. James is responsible for assisting underwriters on a wide variety of property and casualty risks, as well as...
Workers’ Comp Carrier Retailers Casualty Insurance Expands Into Alabama
Jan 5 2018 // Retailers Casualty Insurance Co. has received all regulatory approvals from the Alabama Department of Insurance to begin offering workers’ compensation coverage in the state of Alabama. Appointed agents may quote...
Seeman Holtz Property & Casualty Acquires J & A Insurance of Florida
Jan 3 2018 // Florida-based Seeman Holtz Property & Casualty, Inc. has acquired J & A Insurance and More, Inc., headquartered in West Palm Beach, Florida. Led by Jacqueline Estevez and her team, the company has offered...
What They Are Saying About Effects of Trump Tax Cuts on Insurance Industry
Dec 22 2017 // Congress has passed and President Donald Trump has signed the Tax Cuts and Jobs Act (HR1) into law. It is the biggest tax change in 30 years. Under the legislation, insurers, agencies and other businesses organized as C...
Chubb Restructures Real Estate and Hospitality Practice
Dec 21 2017 // Chubb has restructured and made several appointments in its its Real Estate and Hospitality practice. As part of this new structure, the following appointments are effective immediately: Seth Gillston, Chubb’s...
Language Lessons for Property/Casualty Insurers
Dec 18 2017 // InsurTech leaders speaking at the InsureTech Connect Conference in October had a message for traditional insurers they have probably heard before: The language that insurance agents and carriers use is creating a gulf...
NAIC Honors 3 for Leadership in State Insurance Regulation
Dec 7 2017 // The National Association of Insurance Commissioners (NAIC) recognized three state regulators for their contributions to state-based insurance regulation during the the NAIC’s 2017 Fall National Meeting. The NAIC...
People
Dec 4 2017 // Woodruff-Sawyer & Co. has named Brendan Williams its Southern California practice leader. Williams will be assuming leadership of the Southern California region in early 2018 upon the retirement of Ron Packouz, founder...
Gresham to Lead Expansion of Pinnacle Actuarial Resources into Carolinas
Nov 20 2017 // Consulting Actuary Legaré W. Gresham has established Pinnacle Actuarial Resources Inc.’s presence the Carolinas with the opening of an office in Charleston, South Carolina, as the firm continues to grow both...
People
Nov 20 2017 // Deerfield, Illinois-based Alera Group, a national employee benefits, property/casualty, risk management and wealth management firm, has appointed Bill Doucette as vice president of Human Resources and Organization...
Credit Ratings of Michigan’s Great Lakes Casualty Insurance Co. Withdrawn
Nov 16 2017 // A.M. Best has withdrawn the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+”, each with a stable outlook, of Great Lakes Casualty Insurance Co. (Great Lakes) in Grand...
Seeman Holtz Property & Casualty Acquires Check Out Insurance in Dallas
Nov 13 2017 // Boca Raton, Florida-based Seeman Holtz Property & Casualty Inc. has acquired Check Out Insurance LLC, headquartered in Dallas. Check Out Insurance will be joining the Primera Capital team to bring a solid book of...
Accredited Surety and Casualty Enters into Agreement with Atlas General Insurance Services
Nov 6 2017 // Accredited Surety and Casualty Company Inc., a subsidiary of Randall & Quilter, has entered into an agreement with Atlas General Insurance Services to underwrite its Western Trade Craft artisan contractor program...
J.M. Wilson Hires Kane as Assistant Property/Casualty Underwriter in Illinois
Nov 2 2017 // Managing general agency and surplus lines broker, J.M. Wilson, has hired Brian Kane as assistant property/casualty underwriter in its Arlington Heights, Illinois, office. Kane has more than 17 years of experience in the...
Stephens Insurance Adds Property/Casualty, Benefits Expertise in Houston
Nov 2 2017 // Stephens Insurance LLC, an affiliate of Stephens Inc., has hired industry veterans Leigh Ellis and Will Ogilvie in its Houston office. Ellis joins Stephens as a senior vice president in the commercial property/casualty...
Swiss Re Names Richards as Head Casualty Reinsurance; Parton as Head P/C Business Mgmt.
Nov 1 2017 // Swiss Re has appointed Jason Richards as head Casualty Reinsurance. At the same time, Nicola Parton was named head P/C Business Management, and James Shepherd was appointed head of L&H Business Management. Richards...
Summerville to Head Swiss Re Casualty, Financial and Professional Services for North America
Oct 31 2017 // Swiss Re Corporate Solutions has appointed Jeff Summerville as head of Casualty, Financial & Professional Services North America, effective immediately. Summerville will oversee the North American Casualty business in...