Latest Casualty Headlines
All the headlines from our Casualty Topic Page, ordered by recency.
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...
Best Places FSR of North American Casualty Under Review
Feb 9 2006 // A.M. Best Co. has placed the financial strength rating of A- (Excellent) of North American Casualty Group (San Francisco) and its subsidiaries under review with positive implications. North American Casualty Group includes...
Wisconsin Insurer Warns Buyers About Post-Hurricane Vehicle Fraud
Feb 7 2006 // Sun Prairie, Wis.-based General Casualty Insurance Companies are cautioning customers about the possibility that the shiny pre-owned Honda or Buick being considered for purchase may have been submerged in flood...
What happens when the excess carrier goes under
Feb 6 2006 // Analysis of one typical large company’s 65 years of excess casualty programs turns up disturbing news. More than half of the 49 carriers that participated on this corporation’s excess programs are now insolvent...
People
Feb 5 2006 // Dianne Morris of Austin, Texas, has been elected president of the Association of Fire and Casualty Companies in Texas (AFACT) for 2006-2007. Morris is president of the Association Casualty Insurance Company. She succeeds...
2005 delivers mixed bag for property/casualty brokers
Feb 5 2006 // Stock Prices: In terms of stock prices for property and casualty brokers, the year was mixed. With its stock up 54 percent, Aon experienced a remarkable year. However, Marsh and McLennan’s woes continued as its stock...