Latest Casualty Headlines
All the headlines from our Casualty Topic Page, ordered by recency.
Business Moves – Southeast
Jul 2 2012 // Gallagher, Whitehaven Illinois-based global insurance broker Arthur J. Gallagher & Co. has acquired Whitehaven Insurance Group, Inc. in Gulf Shores, Alabama. Terms of the transaction were not disclosed. Founded in...
Devall to Lead London Business for Crawford’s U.S. Property/Casualty Unit
Jun 29 2012 // Longtime London market executive James B. Devall has joined Crawford & Co. in its Dallas office to lead the company’s London-fronted business in the U.S. As vice president and managing director of London program...
P/C Insurers Profits Rose to $10.1B in Q1
Jun 27 2012 // Private U.S. property/casualty insurers’ net income after taxes rose to $10.1 billion in first-quarter 2012 from $7.8 billion in first-quarter 2011, with insurers’ overall profitability as measured by their...
Sullivan Brokers Enhances Casualty Practice with Addition of Jim Viera
Jun 25 2012 // Los Angeles, CA, 06/25/12 – Sullivan Brokers Wholesale Insurance Solutions is pleased to announce that James Viera has joined the firm’s Casualty Practice Group in the position of Senior Broker. “Jim is...
Best Affirms Kemper Corp., Subs and Affiliates Ratings
Jun 18 2012 // A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of the property/casualty subsidiary and affiliated insurance companies...
How Predictive Modeling Has Revolutionized Insurance
Jun 18 2012 // The use of predictive modeling has forever changed the way insurance policies are priced. The revolutionary tool allows insurers to design ever-more-sophisticated models that tap ever-more-detailed data sets to refine...
Best Affirms General Reinsurance Corp’s ‘A++’ Ratings; Outlook Stable
Jun 18 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of General Reinsurance Corporation and its core property/casualty and life...
Business Moves – Midwest
Jun 18 2012 // Atlas Atlas Financial Holdings Inc. has started selling its core commercial automobile insurance products in Utah, becoming the 31st state where Atlas is actively underwriting. Atlas’ insurance subsidiaries, American...
What Do Millennials Want?
Jun 18 2012 // Flexibility, Balance, Respect and Accessibility Are Important, Studies Find There’s a lot of talk in property/casualty insurance circles these days about how the industry is going to replace the huge wave of baby...
ACE Adds Accident Coverage to Integrated Pollution, Casualty Form
Jun 12 2012 // ACE USA, the U.S.-based retail operating division of the ACE Group, has expanded its coverage for buyers of its combined general liability and pollution policy form – ACE PaC– designed for mid-sized clients with the...
Ranck Joins XL Group’s Excess Casualty Unit in Kansas City
Jun 12 2012 // The insurance operations of XL Group plc has expanded its excess casualty underwriting team in Kansas City, Mo. John J. (J.J.) Ranck joins XL Group as senior excess casualty underwriter, arriving from Travelers where he...
XL Group Adds Reece, Wyatt to Excess Casualty Team in Dallas
Jun 12 2012 // The insurance operations of XL Group plc has expanded its excess casualty underwriting team in Dallas. Barbara (Barby) Reece joins XL Group as excess casualty manager and Shannon Wyatt joins as senior underwriter. Reece...
Best Affirms State Farm Mutual, Affiliates & Subs Ratings
Jun 4 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of State Farm Mutual Automobile Insurance Company (SFMAIC) and its...
Near National Property/Casualty Carriers Identified for 2012
Jun 4 2012 // The Demotech Company Classification System categorizes insurers into one of 11 categories based on an analysis of data reported by the companies to the National Association of Insurance Commissioners. The 11 categories...
What Do Millennials Want?
Jun 4 2012 // Flexibility, Balance, Respect and Accessibility Are Important, Studies Find There’s a lot of talk in property/casualty insurance circles these days about how the industry is going to replace the huge wave of baby...
ACE USA Enhances International Casualty Coverage
May 25 2012 // ACE USA, the U.S.-based retail operations of the ACE Group, has enhanced its international casualty coverage, ACE ATLAS CMP. The coverage is specifically designed to provide coverage for U.S.-based multinational...
Best Affirms Travelers and Subs ‘A+’ Ratings
May 11 2012 // A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa” of the property/casualty subsidiaries of The Travelers Companies, Inc....
2012 Super Regional P/C Insurers™
May 7 2012 // Demotech Inc. Reveals Leading Multi-State P/C Carriers The original criteria and objective definition for Super Regional P/C Insurersª was established in the Feb. 12, 2007, issue of Insurance Journal. Prior to the...
Best Affirms Horace Mann Educators and Subs ‘A-‘ Ratings
Apr 27 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of the property/casualty group, Horace Mann Insurance Group and its...
160-Year Old Hanover Insurance Group Retaking Its Place as P/C Industry Leader
Apr 16 2012 // (A full version of this article, as well as exclusive podcasts featuring Hanover CEO Frederick Eppinger, is available on InsuranceJournal.com) Eight out of 160 years of history may not seem like a big deal but for Hanover...
