Latest Casualty Headlines

Partnership with Non-profits Helps Injured Workers Heal Faster

Jan 18 2006 // When workers get hurt on the job, employers usually have two options: give them modified light duty work or have them remain at home, unproductive, while they heal. General Casualty Insurance Companies, based in Sun...

Personal Lines Doing Fine, Even Without Price Changes, Suggest P&C Analysts

Jan 11 2006 // The year 2005 is looking like it was a relatively good one with solid financial news for property casualty insurers overall, despite record catastrophe losses, and 2006 could bring even better news, according to analysts...

Guy Carpenter Issues Report on U.S. Reinsurance Renewals

Jan 9 2006 // Global risk and reinsurance specialist Guy Carpenter & Company, a unit of the Marsh & McLennan Companies, has published “U.S. Reinsurance Renewals at January 1, 2006,” its “annual review of...

Jacobs Financial Group Acquires West Virginia Fire and Casualty Co.

Jan 3 2006 // Jacobs Financial Group Inc. has acquired all of the issued and outstanding stock of West Virginia Fire and Casualty Company (WVFCC) from The Celina Mutual Insurance Company (Celina) of Celina, Ohio. The transaction had...

Jan 1 2006 // Jordan B. Lotsoff recently joined Integro as principal in the Casualty Practice Group in the Chicago office. Lotsoff, with more than 15 years experience in commercial insurance, will be responsible for complex casualty...

2005 P/C industry in a word: Resilience

Jan 1 2006 // The property/casualty insurance industry reported a statutory rate of return on average surplus of 9.5 percent through the first nine months of 2005, marginally below the 10.5 percent average return recorded during...

AFACT Elects New Officers

Dec 27 2005 // 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...

Bowman Named COO of Crawford’s Global Property and Casualty Services

Dec 21 2005 // Jeffrey T. Bowman, president of Crawford & Co’s International Operations, has been named chief operating officer of the firm’s Global Property and Casualty Services, effective Jan. 1. This newly created...

Guy Carpenter Study: U.S. Tort System Less Hostile to Corporate Defendants, Their Insurers

Dec 19 2005 // Guy Carpenter & Company Inc. reported the release of a new study, Recent Legislative and Judicial Trends Affecting the U.S. Casualty Industry, on key legislative and judicial developments and their impact on the U.S....

People

Dec 18 2005 // Ohio Casualty Corporation has completed a new five-year agreement with its current president and chief executive officer, Dan R. Carmichael. The prior contract with Carmichael was to expire on Dec. 31, 2005. Carmichael...

Dan Carmichael

Dec 18 2005 // William Granato Brandon Hickey Ohio Casualty Corporation has completed a new five-year agreement with its current president and chief executive officer, Dan R. Carmichael. The prior contract with Carmichael was to expire...

The Industry Goes to School: Universities that Offer Insurance Degrees

Dec 18 2005 // Twenty years ago, it was nearly impossible to find colleges and universities offering degrees in insurance. Now there are many programs across the nation that offer bachelor’s degrees, concentrations, certifications,...

News Briefs

Dec 18 2005 // FLORIDA State Farm of Florida 8.6 Percent Rate Request Approved The Florida Department of Insurance approved an average statewide premium rate hike of 8.6 percent for State Farm of Florida, the largest insurer of homes in...

West Coast Insurance Wholesaler ECM Appoints Misty Reistad as VP in SF HQ

Dec 12 2005 // San Francisco, California – ECM Insurance Services, Inc., a San Francisco-based management liability and property & casualty insurance wholesaler, today announced the appointment of Misty Reistad as Vice...

Lawson-Hawks Acquires Healthcare Property/Casualty Group

Dec 7 2005 // Lawson-Hawks Insurance Associates Inc., a regional independent insurance broker based in Mountain View, Calif., has announced the acquisition of the El Dorado Hills, Calif.-based Healthcare Property/Casualty Group...

Ohio Casualty Renews CEO Carmichael Pact for 5 Years

Dec 6 2005 // Ohio Casualty Corporation has completed a new five-year agreement with its current President and Chief Executive Officer, Dan R. Carmichael, effective immediately.The prior contract with Carmichael was due to expire on...

Dec 4 2005 // Burns & Wilcox, a national specialty insurance managing general agency, has promoted Wayne Bates to director of the company’s Special Risk Division (SRD), International and promoted him to associate vice...

Dec 4 2005 // The National Alliance for Insurance Education & Research, Austin, Texas, has announced that two outstanding customer service representatives have received its National Outstanding CSR of the Year Award for 2005:...

Katrina Losses Cost Miss. Farm Bureau Mutual Insurance $450M; Policies Being Transferred to S. Farm Bureau Casualty

Nov 23 2005 // Jackson-based Mississippi Farm Bureau Mutual Insurance has announced that the strain of paying $450 million in claims after Hurricane Katrina has caused the company to cease writing policies in the state and transfer...

Ohio Casualty Announces Dividend

Nov 18 2005 // The Directors of Ohio Casualty Corporation declared a regular quarterly dividend of $.06 per share, payable Dec. 12, 2005, to shareholders of record on Dec. 1, 2005. Ohio Casualty Corporation, based in Fairfield, Ohio, is...