Latest Casualty Headlines
All the headlines from our Casualty Topic Page, ordered by recency.
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...
RIMS Hosts Property, Casualty and D&O Seminar
Mar 6 2006 // The Golden Gate Chapter of RIMS is hosting a seminar on the “State of the Market: What You Should Know about the Markets for Property, Casualty and D&O” on Thursday, March 16, 2006, in San Francisco....
NAMIC Focuses Federal Affairs Agenda on Regulatory and Asbestos Reform
Mar 1 2006 // The National Association of Mutual Insurance Companies (NAMIC) – which has more than 1,400 member companies that underwrite 43 percent ($196 billion) of the property/casualty insurance premium in the United States...
Growing Your Property Casualty Agency
Feb 20 2006 // Hiring a relative can be a terrific or a terrible move. Unfortunately, it isn’t always easy working with your relatives, day after day. Personal and professional problems frequently arise. Regardless, for years,...
Richard Robin
Feb 19 2006 // People Encino, Calif.-based NAS Insurance Services has appointed Richard Robin president. He will be responsible for overall operations, including underwriting, marketing and administration. Ed Robin will continue to serve...
Growing Your Property Casualty Agency
Feb 19 2006 // Hiring a relative as an agency producer Hiring a relative can be a terrific or a terrible move. Unfortunately, it isn’t always easy working with your relatives, day after day. Personal and professional problems...
Fitch Affirms Ratings for CNA
Feb 17 2006 // Fitch Ratings has affirmed the ‘BBB-‘ long-term issuer rating and ‘BBB-‘ senior debt ratings of CNA Financial Corporation (CNA) and the ‘A-‘ insurer financial strength (IFS) ratings of...
CNA Sees Q4 Net Loss of $217M
Feb 16 2006 // CNA Financial Corporation reported fourth quarter of 2005 results, which included the following items: * Net loss for the fourth quarter of 2005 of $217 million as compared with net income of $303 million for the same...
Max Re Posts $11.4 Million Q4 Loss; $6.7 Million 2005 Profit
Feb 13 2006 // Bermuda-based reinsurer Max Re Capital Ltd. reported a net loss for the three months ended December 31, 2005 of $11.4 million, or 20 cents per diluted share, compared to net income of $87.1 million, or $1.82 per diluted...
