Latest Casualty Headlines
All the headlines from our Casualty Topic Page, ordered by recency.
2006:a big year for P&C buyers and sellers of all shapes and sizes
Dec 24 2006 // JANUARY Hallmark Acquires Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark underwrites...
S&P Lowers United Fire & Casualty’s Rating to ‘A-‘ from ‘A’
Dec 21 2006 // Standard & Poor’s Ratings Services has lowered its counterparty credit and financial strength ratings on United Fire & Casualty Co. and its wholly owned subsidiaries to ‘A-‘ from...
A state-based insurance safety net
Dec 11 2006 // The best choice for consumers is the tried and true property/casualty guaranty fund system administered by the states From almost the moment Gramm-Leach-Bliley was signed into law in late 1999, discussion turned to the...
A state-based insurance safety net
Dec 11 2006 // The best choice for consumers is the tried and true property/casualty guaranty fund system administered by the states From almost the moment Gramm-Leach-Bliley was signed into law in late 1999, discussion turned to the...
A state-based insurance safety net
Dec 11 2006 // The best choice for consumers is the tried and true property/casualty guaranty fund system administered by the states From almost the moment Gramm-Leach-Bliley was signed into law in late 1999, discussion turned to the...
A state-based insurance safety net
Dec 10 2006 // From almost the moment Gramm-Leach-Bliley was signed into law in late 1999, discussion turned to the question of state or federal regulation for insurers. Debate continues with participants anxiously assessing the impact...
Dec 10 2006 // People The van Aartrijk Group LLC, a Washington, D.C.-area marketing and communications firm, is augmenting its branding and public affairs capabilities with the promotion of one executive and addition of another,...
A state-based insurance safety net
Dec 10 2006 // From almost the moment Gramm-Leach-Bliley was signed into law in late 1999, discussion turned to the question of state or federal regulation for insurers. Debate continues with participants anxiously assessing the impact...
Management Shifts at Georgia Casualty, Association Casualty
Nov 30 2006 // Georgia Casualty & Surety Co. and Association Casualty Insurance Co. – properties of Atlantic American Corp. – announced management changes in itheir regional property and casualty operations. Effective...
Guy Carpenter Names Gralton to Head U.S. Casualty Wholesale Unit
Nov 29 2006 // Guy Carpenter & Company, Inc., a risk and reinsurance specialist and a part of the Marsh & McLennan Companies, has named Nick Gralton as head of its U.S. wholesale casualty operation. Gralton will be based in...
MHBT Appoints Jarrell as Senior VP in Property/Casualty Group
Nov 22 2006 // Dallas-based insurance and risk management firm McQueary Henry Bowles Troy L.L.P. (MHBT) announced that Rick Jarrell has joined the Dallas office of MHBT as senior vice president in the property and casualty group. His...
Casualty Actuaries Elect Myers President
Nov 21 2006 // Thomas G. Myers, vice president of product management at High Point Safety and Insurance Management Corp., began his term as president of the Casualty Actuarial Society at the organization’s annual meeting. Myers...
Florida Property & Casualty Insurance Reform Committee Recommendations
Nov 20 2006 // Hurricane Catastrophe Fund Keep the current retention level but consider offering coverage below the retention level/attachment point (first layer of coverage) on a voluntary basis to all admitted companies participating...
People, partnerships lead to nearly a century of success
Nov 20 2006 // Good people can make or break a company. In San Diego-based Barney & Barney’s case, it’s clearly made it; the company has been in business for nearly a century, thanks to people who have invested their...
Florida Property & Casualty Insurance Reform Committee Recommendations
Nov 19 2006 // Hurricane Catastrophe Fund 1. Keep the current retention level but consider offering coverage below the retention level/attachment point (first layer of coverage) on a voluntary basis to all admitted companies...
People, partnerships lead to nearly a century of success
Nov 19 2006 // Good people can make or break a company. In San Diego-based Barney & Barney’s case, it’s clearly made it; the company has been in business for nearly a century, thanks to people who have invested their...
Hannover Re Posts $486 Million Half-Year Net Income
Nov 15 2006 // Germany’s Hannover Re joined the expanding list of large reinsurers who are having a pretty good year due to the decline in natural catastrophes. The Group earned €380 million ($486 million) in the first six months...
ACE Names Stanway UK, Ireland Casualty Risks Manager
Nov 15 2006 // ACE announced the appointment of John Stanway as its UK & Ireland Regional Major Risks Casualty Manager. He joins the Company from Chubb, where he was most recently Regional Casualty Manager. Prior to Chubb, Stanway...
Max Re Posts $26.5 Million Q3 Net Income; Names Becker Chairman, CEO
Nov 14 2006 // Bermuda-based Max Re Capital Ltd. reported net income for the three months ended September 30, 2006 of $26.5 million, or $0.42 per diluted share, compared to a net loss of $44.2 million, or $0.96 per diluted share, for the...
First American Property & Casualty Insurance CIO Named Elite 8
Nov 10 2006 // Santa Ana, Calif.-based First American Property & Casualty Insurance Co. a member of The First American Corp. family of companies, announced that Jim Court, vice president and chief information officer of First...
