Best Read Casualty Headlines
Headlines from our Casualty Topic Page with the most time spent reading.
#1 How to Operate in Today’s ‘Bananas’ Casualty Insurance World
Feb 19 2025 // Leaders of the casualty insurance practices of a global insurance carrier and a North American specialty brokerage offered insights for insurance buyers and sellers to deal with today’s casualty insurance market...
#2 The U.S. Property & Casualty Crisis: How It’s Going for Insurers and the States They’ve Left
Aug 20 2024 // This post is part of a series sponsored by AgentSync. America’s home insurance crisis By now, if you haven’t heard about insurance companies (large and small) and their max exodus from the most risky states,...
#3 Everest Group Boosts Casualty Loss Reserves $1.7 Billion
Jan 28 2025 // Everest Group preannounced full-year 2024 earnings yesterday, disclosing about a 45% drop in net income attributable to a $1.7 billion boost in its casualty insurance reserves. The company, which writes more than twice as...
#4 Casualty Reinsurance Still Attractive: Arch Capital CEO
Feb 19 2025 // While writing primary casualty insurance is more appealing than writing casualty reinsurance, the chief executive of Arch Capital said casualty reinsurance business remains attractive for his company. Speaking during an...
#5 Property/Casualty Insurance Stocks Slump on Hurricane Milton-Related Fears
Oct 8 2024 // U.S. property and casualty insurance stocks tanked on Monday after Hurricane Milton intensified into a category 4 storm on its path towards Florida’s western coast, marking yet another costly disaster for the...
#6 Marsh: US Commercial Insurance Rates Up 3% on Hikes in Casualty
Oct 24 2024 // Commercial insurance rates during the third quarter in the U.S. increased 3%, with casualty rates up 10%. According to Marsh’s Global Insurance Market Index — which noted the first decline in global commercial...
#7 Net Income at Selective Insurance Drops on Unfavorable Casualty Reserve Development
Feb 24 2025 // Selective Insurance Group reported a 24% drop in fourth-quarter 2024 net income as its chief executive admitted the year did “not meet expectations.” Fourth-quarter net income was $93.2 million compared to...
#8 Reserve Strengthening for Casualty Lines Not Over: Moody’s
May 9 2024 // If personal auto insurance loss reserves are developing adversely, can commercial general liability be far behind? That’s the gist of one of the questions that analysts from Moody’s Investors Service...
#9 Net Income at Selective Insurance Drops on Unfavorable Casualty Reserve Development
Jan 30 2025 // Selective Insurance Group reported a 24% drop in fourth quarter 2024 net income as its chief executive admitted the year did “not meet expectations.” Fourth quarter net income was $93.2 million compared to...
#10 AM Best Downgrades Credit Ratings of Texas Farm Bureau Casualty Insurance Co.
Sep 18 2024 // AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “bbb+” (Good) from “a-” (Excellent) of Texas...
#11 Casualty Reinsurance Capacity Is Plentiful but Availability Crisis Could Be Looming
Feb 28 2025 // Reinsurers continued to provide ample casualty reinsurance capacity through the recent January 2025 renewal season – despite concerns about adverse reserve development — however, an availability crisis could be...
#12 Global Q1 Commercial Insurance Rates Drop 3%, but US Casualty Bucks the Trend
Apr 24 2025 // Global commercial insurance rates fell 3%, on average, in the first quarter of 2025 following a 2% decline in Q4 2024, according to the Global Insurance Market Index published quarterly by insurance broker Marsh. The Q1...
#13 Reinsurance Outlook to ‘Neutral’; US to Push for Double-Digit Casualty Increases
Sep 16 2024 // Fitch Ratings said reinsurers are likely to push for double-digit U.S. casualty rate increases during January renewals to keep up with loss trends from social inflation. The rating agency in a new report changed its...
#14 People Moves: Everest Launches Global Broker Management Team Led by Izzo; Evolin Broking Launches Casualty Division With 3 Senior Hires
Aug 12 2024 // This edition of International People Moves details appointments at re/insurer Everest Group and Evolin Broking. A summary of these new hires follows here. Everest Launches Global Broker Management Team Led by Izzo Everest...
#15 People Moves: Everest Names Buonpane Head of Casualty Specialty, Industry Practices; Allied World Appoints Kranz A&E Lead
Jun 11 2024 // Everest Insurance Names Buonpane to Head of Casualty Specialty Lines and Industry Practices Stephen Buonpane Everest Insurance North America, headquartered in Warren, New Jersey, hired Stephen Buonpane to the newly created...
#16 People Moves: AIG Appoints Walsh CFO; Rokstone Names Baker Deputy Head of US Casualty; Applied Underwriters Hires, Promotes Leadership
Sep 20 2024 // AIG Appoints Walsh Executive Vice President, Chief Financial Officer Keith Walsh American International Group, Inc. (AIG), headquartered in New York City, named Keith Walsh as executive vice president and chief financial...
#17 People Moves: Markel Announces 2 Key Hires for International Casualty Team; Howden Re Taps Gruen From AXIS as Head of Cyber Threat Intelligence
Aug 7 2024 // This edition of International People Moves details appointments at Markel and Howden Re. A summary of these new hires follows here. Markel Appoints 2 Key Hires for International Casualty Team Markel, the insurance...
#18 People Moves: McCarthy to Become ISU CEO; WTW Hires Aon’s Graziano to Lead Casualty Strategy for CRB NA; Markel Names McGrath Head of Fine Art N.A.
Jun 17 2024 // Dan McCarthy ISU Group (ISU), an independent agency network, said Dan McCarthy will become the next chief executive officer, assuming the responsibilities held by T.J. Ryan III over the past 35 years. McCarthy is currently...
#19 Fidelis Partnership Launches International Casualty MGA, Writing Primary, Excess Cover
Mar 24 2025 // Pine Walk Capital Ltd., the specialist MGA platform and wholly owned subsidiary of The Fidelis Partnership (TFP), announced the launch of an international casualty MGA called Sevanta Specialty Liability Ltd. Sevanta will...
#20 People Moves: DUAL North America Appoints Casualty Underwriting Leaders
Dec 10 2024 // Andreas Graham DUAL North America, headquartered in Naples, Florida, appointed Andreas Graham as executive vice president of the EIURS team, a division of DUAL, and Ed Frey as senior vice president of professional...
