Latest Casualty Headlines
All the headlines from our Casualty Topic Page, ordered by recency.
Ironshore Specialty Casualty Construction Offers Stand-Alone Crisis Event Cover
Apr 7 2015 // Bermuda-based Ironshore Specialty Casualty’s Construction unit announced that it will “offer coverage enhancements through Crisis ThreeSixty,” which it described as an “an optional policy...
ACE Promotes Krishnan to New Head of Casualty Role for Eurasia & Africa
Apr 2 2015 // ACE Group has created a new underwriting management role for the Eurasia and Africa region and promoted Shankar Krishnan, currently casualty underwriting manager for MENA, to the position. The appointment is the latest in...
ACE Promotes Gandon, Etherington in Global Accounts for UK & Ireland
Mar 25 2015 // ACE Group has made two appointments within its Global Accounts segment: Ed Gandon, casualty manager, UK & Ireland, and Gary Etherington, property manager, UK & Ireland, as it continues to invest in servicing larger...
ACE Strengthens Casualty Offering for Multinational Activities of Canada Firms
Mar 20 2015 // ACE Group says it is strengthening its global primary casualty offering with an expanded service platform designed to protect the multinational business activities of Canadian companies. ACE Risk Management Global Casualty...
A.M. Best Downgrades Ratings of Greenville Casualty Insurance Co.
Mar 20 2015 // A.M. Best has downgraded the financial strength rating to B- (Fair) from B (Fair) and the issuer credit rating to “bb-” from “bb” of Greenville Casualty Insurance Co. (Greer, SC). The outlook for...
Burns & Wilcox Brokerage Hires Ascolese as Casualty Broker in NYC
Mar 18 2015 // Burns & Wilcox Brokerage has hired Jerry Ascolese as casualty broker for its New York City office. Ascolese, who most recently served as senior vice president at R-T Specialty, will be responsible for providing...
Sedgwick to Oversee Louisiana Property/Casualty Self-Insurance Program
Mar 16 2015 // A new private contractor is being hired to oversee claims processing and loss prevention services for Louisiana’s self-insurance program. The Office of Risk Management announced that Sedgwick Claims Management...
ACE Makes New Appointments for Its Casualty Business in Asia Pacific
Mar 13 2015 // ACE Group has appointed Shaun Oliver to the role of head of casualty (energy and construction), Asia Pacific. The creation of this new role reflects the rapid growth and ongoing demand within this portfolio of business,...
Argo Insurance Offers New Excess Casualty Facility
Mar 6 2015 // Argo Insurance, the Bermuda-based platform for Argo Group International Holdings’ worldwide professional and casualty lines, has launched a new excess casualty facility. Effective immediately, the new offering...
Specialty Insurance Group Increases Casualty Capacity to $25M
Mar 4 2015 // Specialty Insurance Group (SIG) has increased its excess/umbrella coverage underwriting capacity to $25 million, an increase of $15 million. SIG provides specialty insurance programs in the sports, leisure and...
MacNeill Group Selected to Grow Commercial Property and Casualty Business
Feb 27 2015 // Sunrise, FL, February 27, 2015 – MacNeill Group, a wholly-owned subsidiary of Team Focus Insurance Group (Team Focus), and a licensed managing general agent (MGA) specializing in commercial, personal, transportation and...
Ullico Increases Fiduciary Liability Limits to $25 Million
Feb 23 2015 // Ullico Inc.’s property and casualty insurance subsidiary, Ullico Casualty Group, Inc., may offer up to $25 million in multiemployer fiduciary liability insurance in its program with Alterra America Insurance Co., a...
Navigators Launches Lloyd’s-Based International Casualty Unit
Feb 19 2015 // The Navigators Group, Inc. announced that Navigators Underwriting Agency Ltd., its wholly owned Lloyd’s managing agency subsidiary, has created an International Casualty unit, which will “offer a range of...
All Risks Adds White as Casualty/PL Broker in Atlanta Office
Feb 19 2015 // All Risks, Ltd. has announced that Jeffrey White has joined the Atlanta office as a casualty and professional lines broker. White has prior experience in the wholesale and retail insurance sectors as a producer and branch...
Outlook Revised to Stable for Illinois Casualty Co.
Feb 13 2015 // A.M. Best has revised the outlook to stable from negative for the financial strength rating (FSR) and issuer credit rating (ICR) of Illinois Casualty Co. (Illinois Casualty) in Rock Island, Ill., while affirming the FSR of...
AIG Q4 Profit Drops on Debt Repayments, Reserve Charges
Feb 13 2015 // American International Group Inc., the largest commercial insurer in the U.S. and Canada, said profit declined 67 percent on costs to pay down debt and add to reserves. Net income fell to $655 million, or 46 cents a share...
Cotnoir Named VP, Large Casualty at Safety National
Feb 4 2015 // Steve Cotnoir has been appointed vice president – large casualty at St. Louis, Mo.-based Safety National Casualty Corp. In his new role, Cotnoir will be responsible for leading large casualty field underwriting...
Ohio’s Westfield Insurance Expands Responsibilities of Leadership Team
Jan 30 2015 // Westfield Insurance, a super-regional property/casualty insurance carrier based in Westfield, Ohio, announced the following changes to its leadership team: Mike Prandi has been named to the new role of insurance operations...
Willis North America Appoints Peiser Head of Casualty Broking
Jan 28 2015 // Willis North America announced the appointment of Joe Peiser as head of Casualty Broking. In this newly created role, Peiser will be responsible for the strategic direction of Willis North America’s casualty...
Texas Bill Would Protect P/C Agent Ownership of Expiration Rights
Jan 26 2015 // A bill filed in the Texas Legislature for the 2015 session would clarify that insurance agents in the state have exclusive ownership of the expiration rights to property/casualty insurance policies they sell and place. HB...
