Latest Casualty Headlines
All the headlines from our Casualty Topic Page, ordered by recency.
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...
XL Group Adds to Insurance Underwriting Team in Dallas
Jan 23 2015 // XL Group announced the addition of global risk management, construction primary casualty and inland marine underwriting expertise in its Dallas office. XL Group’s newest insurance underwriters include: Kristen Hough...
Glatfelter Insurance Group Announces 2 Promotions in Pennsylvania
Jan 22 2015 // Glatfelter Insurance Group (GIG) in York, Pennsylvania, promoted John Solari to president of Glatfelter Underwriting Services and chief underwriting officer for Glatfelter Programs, and Jim Partridge to president of...
California Court Rejects Insurance Challenge to Prop. 103
Jan 21 2015 // The Sacramento Superior Court issued a decision rejecting an insurance industry challenge on the California insurance commissioner’s regulations under Proposition 103 that limit the amount of advertising costs...
Texas Bill Would Protect P/C Agent Ownership of Expiration Rights
Jan 13 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...
BHSI Lowers Casualty Minimum Premiums, Adds Deductible Options
Jan 13 2015 // Berkshire Hathaway Specialty Insurance (BHSI) is broadening its casualty appetite in the U.S., lowering its minimum policy premium for eligible products liability, general casualty, energy and trucking risks, while...
2015 Insurance Industry Meetings & Conventions Directory
Jan 12 2015 // Welcome to Insurance Journal‘s 2015 Insurance Industry Meetings and Conventions Directory. The information in this directory is taken from a larger database containing additional information on these and other...
Top 10 Casualty Insurance Trends for 2015
Jan 12 2015 // While casualty insurance rates are stable and new capacity continues to enter the market, certain classes of business continue to be difficult to place, according to Marsh’s U.S. Casualty Practice. Following are 10...
Markel Names Huels Managing Director, Brokerage Casualty in Chicago
Jan 7 2015 // Markel appointed Matt Huels as managing director, brokerage casualty, for its product line leadership team. He is based in Chicago. Huels comes to Markel from XL, where he was vice president of the casualty product line...
Topel Joins Hays Cos. in Chicago as President of Property/Casualty
Jan 6 2015 // Hays Companies announced Steve Topel has joined its Chicago operations as president of property and casualty. He will be responsible for spearheading new business development, overall office leadership, and recruiting...
Berkshire Hathaway Specialty Names Execs for New Hong Kong Facility
Jan 5 2015 // Berkshire Hathaway Specialty Insurance (BHSI) announced that it has received an insurance license to carry on all classes of General Business in and from Hong Kong and has consequently filled several key positions in its...
Report: Texas Insurance Industry Impacts State Economy in a Big Way
Dec 23 2014 // A new study commissioned by group of state and national trade associations shows that the insurance industry — including both the property/casualty and life/health sectors — positively impacts the Texas economy. For...
Top 10 Casualty Insurance Trends for 2015: Marsh
Dec 17 2014 // While casualty insurance rates remain stable overall and new capacity continues to enter the market, certain classes of business continue to be difficult to place, according to Marsh’s U.S. Casualty Practice. The...
