Latest Casualty Headlines
All the headlines from our Casualty Topic Page, ordered by recency.
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...
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...
iPartner Data Management Scorecard Application Released
Mar 28 2006 // Atlanta-based iPartners has announced the release of iPartners Insurance Scorecard to help managers in mid-sized property casualty insurance companies to view and analyze all of the data they need to maximize...
Fitch: Deterioration in Profits For U.S. P/C Sector At YE2005
Mar 28 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...
Chartered Property Casualty Underwriters Host Contractual Risk Transfer Seminar in Pasadena
Mar 28 2006 // The Chartered Property Casualty Underwriters Society’s California El Camino, Los Angeles and San Gabriel Valley Chapters are hosting a Contractual Risk Transfer seminar on Thursday, April 20 in Pasadena, Calif. The...
AIG Global Energy New Appointments
Mar 23 2006 // AIG Global Energy, a division of the property and casualty insurance subsidiaries of American International Group, Inc., announced that it has named Thomas Morelli President of the AIG Global Energy Casualty division and...
Financial Planners Pay More Attention to P/C Insurance and Risk Management
Mar 21 2006 // Property/casualty insurance and risk management increasingly play a role in financial planning, according to a survey by the Chubb Group of Insurance Companies. Fifty-seven percent of the 102 financial planners surveyed...
Wausau Signature Agency unveils new Employee Benefit Division
Mar 20 2006 // Wisconsin-based Wausau Signature Agency has unveiled its new Employee Benefits Division with comprehensive sales, marketing and service capabilities to fully complement its traditionally-strong property and casualty...
Growing Your Property Casualty Agency
Mar 19 2006 // The top functions of an agency newsletter are to keep in touch with existing insureds at times other than renewal and to establish or maintain contact with selected prospects. Is your agency’s newsletter a...
National Insurer Group Announces New Product, Fast Track Plus
Mar 13 2006 // The Property Casualty Insurers Association of America has unveiled a new product created by its statistical organization that can get customized and timely auto and homeowners rating information in an Excel format on a...
Casualty Actuarial Society Unveils Project on Enterprise Risk Management
Mar 13 2006 // The Casualty Actuarial Society, ERM Institute International Ltd. (ERM-II), and the CAS/SOA Risk Management Section are jointly launching a major research project titled “ERM Analysis of Property-Casualty Insurance...
Three Promotions Announced by Winterthur U.S. Holdings Inc.
Mar 10 2006 // Three employees were recently promoted at Winterthur U.S. Holdings Inc., parent company of regional property and casualty insurers General Casualty, Sun Prairie, Wis. and Unigard, Bellevue, Wash. Geoff Barker was named...
Wausau Signature Agency Unveils New Employee Benefit Division
Mar 7 2006 // Wisconsin-based Wausau Signature Agency has unveiled its new Employee Benefits Division with comprehensive sales, marketing and service capabilities to fully complement its traditionally-strong property and casualty...
