Latest Casualty Headlines
All the headlines from our Casualty Topic Page, ordered by recency.
Avian Flu and the Property Casualty Industry
May 22 2006 // Insurance buyers are taking a close look at their insurance and risk management programs, looking for possible financial recourse in the event of an outbreak. It is therefore worthwhile to examine each line of coverage in...
Chartered Property Casualty Underwriters to share tips on being successful
May 22 2006 // On Tuesday June 13, the Los Angeles Chapter of the Chartered Property Casualty Underwriters will host a meeting featuring motivational speaker Betsey Brewer, senior vice president of The Rule Co., speaking on...
Mercator Risk Adds New Senior Vice President, Midwest Casualty
May 17 2006 // New York-based Mercator Risk Services, a newly formed, independent wholesale insurance broker, has added Michael Connelly as senior vice president and manager of the Midwest Casualty practice. Prior to joining Mercator,...
Liberty International Underwriters Opens Los Angeles Office
May 16 2006 // Responding to the increasing influx of business from the Southwest and Southern California, in particular, Boston-based Liberty International Underwriters, a division of Liberty Mutual Group, has opened a Los Angeles...
Rogers Joins Crawford & Co. as Director of Casualty Services
May 16 2006 // Lester Rogers has joined Crawford & Co. in Atlanta as director of Casualty Services, according to Philip Porter, senior vice president of Claims Management Services. “Rogers adds a great depth of experience to...
Los Angeles Chartered Property Casualty Underwriters To Share Tips on Being Successful, Install New Officers
May 8 2006 // On Tuesday June 13, the Los Angeles Chapter of the Chartered Property Casualty Underwriters will hold its 2006-2007 installation of chapter officers and directors at the Jonathan Club in downtown Los Angeles from 11:30 am...
People
May 8 2006 // Frank Vaccaro was named vice president of Information Services for Dallas-based Republic Companies Group Inc. He will report to Parker Rush, Republic’s president and CEO. Vaccaro most recently was assistant vice...
Wholesale Broker Mercator Adds 3 to Southeast Team
May 4 2006 // Mercator Risk Services, an independent wholesale insurance broker based in new York, has added three members to its growing casualty practice. Win Carroll, Marshall Overacre, and Anne Picheta have joined Mercator’s...
MHBT Appoints Ginn as Vice President in Property/Casualty Group
Apr 20 2006 // McQueary Henry Bowles Troy L.L.P. (MHBT) announced the appointment of Linda Ginn as vice president and account executive in the property and casualty group in the firm’s Dallas office. “Linda brings to the MHBT...
Ohio-Based The Midland Company Reports First Quarter Results
Apr 20 2006 // Cincinnati-based The Midland Company, a provider of specialty insurance products and services, announced record results for the first quarter ending March 31, 2006, according to a written statement issued this week. The...
RLI Corp. Posts Strong 1st Quarter Results; Hosts Conference Call Today
Apr 18 2006 // Peoria, Ill.-based RLI Corp. reported first quarter net earnings of $25.7 million compared to $29.3 million reported in the same quarter last year. Operating earnings were $22.8 million ($0.86 per share) for the first...
People
Apr 17 2006 // Palisades Safety and Insurance Management Corporation, a New Jersey private passenger automobile insurer, announced that Ed Fernandez has assumed the role of president and CEO, effective immediately. Fernandez succeeds...
Tim Summers
Apr 17 2006 // People Pacific Specialty Insurance Co., Menlo Park, Calif., promoted Tim Summers to chief operating officer. Summers will continue his duties as executive vice-president and corporate secretary, overseeing the product...
Senators Introduce Optional Federal Charter Legislation
Apr 5 2006 // Citing bipartisan support to revamp the insurance industry regulatory system, two U.S. senators today unveiled legislation that would allow life and property/casualty insurers to choose federal rather than state regulation...
Western insurance associations: How the West is run
Apr 3 2006 // Editor’s note:This is the first article in a series on Western insurance associations. Part II of this article will appear in a future issue. As people migrate to the West to enjoy the weather and opportunities for...
Measuring Risk: Insurers’ day of reckoning arrives
Apr 3 2006 // The threat of more natural disasters could make 2006 a watershed year in how the insurance industry measures risk. With American carriers revamping their reporting and management structures, insurers are expected to...
Fitch: Deterioration in profits for U.S. P/C sector
Apr 3 2006 // The U.S. property/casualty insurance industry will report deterioration in profitability in 2005 because insured catastrophe losses reached record levels in 2005, Fitch Ratings said. The decrease in profitability is...
Closer Look: Insurance Associations
Apr 3 2006 // Editor’s note: This is the first article in a series on Western insurance associations. Part II of this article will appear in a future issue. As people migrate to the West to enjoy the weather and opportunities for...
Measuring Risk: Insurers’ day of reckoning arrives
Apr 3 2006 // “The ultimate objective is for an insurer is to use an ERM framework to better understand and manage the correlation and diversification of risk across the company and uses this information to determine overall risk...
The pre-bindingdisclosure reveals the standard commission Zurich pays agents by type of policy and
Apr 3 2006 // outlines any contingency compensation arrangements. News Currents Zurich agents caught in compensation disclosure web Insurer agrees to nationwide compensation disclosure along with payments of $325 million in two...
