Latest Casualty Headlines
All the headlines from our Casualty Topic Page, ordered by recency.
3 New Property/Casualty Insurers OK’d to Do Business in Arkansas
Jul 5 2018 // Three new property/casualty insurance companies have been approved to do business in Arkansas, the state insurance department reported. All three are based in Florida. Counting the recently accepted companies, 10 new...
Navigators Promotes Savarese, Vaughan in Specialty Primary Casualty Unit
Jul 2 2018 // Navigators Insurance Co. has promoted Joe Savarese to president, U.S. Specialty Primary Casualty. He will be responsible for driving the strategy and development of the specialty primary casualty product portfolio across...
People
Jul 2 2018 // H.W. Kaufman Group, headquartered in Farmington Hills, Michigan, added Christine M. Tricoli to its executive team as vice president, Human Resources. Based in the company’s Michigan headquarters, Tricoli assumes...
JLT FAC Taps RSA’s Melbourne as Producer; Carpenter’s Vitale as Head of Casualty
Jun 28 2018 // JLT FAC, part of JLT Re, a global provider of reinsurance broking and consultancy, has appointed two senior executives in London and its U.S. team. In London, Nikki Melbourne will join the firm as partner. She joins from...
Iowa’s Holmes Murphy Taps Hurley as President, Property Casualty Brokerage
Jun 27 2018 // Iowa-based Holmes Murphy has named John Hurley II as president of Property Casualty Brokerage Services. Hurley was formerly senior vice president of Property Casualty, and this new title reflects the high-caliber work...
Lewis Succeeds West as Leader of Chubb’s Mid-Market Commercial Lines; Rockwell Named Chief Underwriter
Jun 21 2018 // Chubb has appointed Paul Lewis North America Commercial Insurance Industry practice leader for its North American mid-market segment. He will be responsible for leading Chubb’s Commercial Insurance Industry practices...
Two P/C Insurance Trade Groups — AIA and PCI — Plan to Merge
Jun 20 2018 // Two leading U.S. property/casualty insurance carrier trade groups are talking about merging. The American Insurance Association (AIA) and the Property Casualty Insurers Association of America (PCI) said their respective...
People
Jun 18 2018 // EPIC Insurance Brokers and Consultants has added risk management and insurance professionals Rose Nordbrock, Jeff Breskin, Pabla Barros and Jose Fuentes to the firm’s operations in Southern California. Nordbrock...
Everest Insurance Taps Chubb’s Koppang to Lead E&S Casualty Unit
Jun 12 2018 // Everest Re Group Ltd. has added Eric Koppang to the Everest Insurance Specialty Casualty team within the E&S Casualty unit. Based in Chicago, Koppang joins Everest as vice president and head of E&S...
XL Catlin Adds Cyber Solution to UK Casualty Insurance Offering
Jun 12 2018 // XL Catlin’s insurance operations in the UK announced the extension of its casualty insurance offering to include a cyber solution. The endorsement – which is designed for mid-sized and large companies that...
XL Catlin Names Smyth, Greavesas to Global Excess Casualty Posts
Jun 6 2018 // XL Catlin insurance operations named Donnacha Smyth as president and Carla Greavesas as chief underwriting officer of Global Excess Casualty. Smyth, who will be based in Dublin, will start his new role in September. He...
People
May 21 2018 // Privately held independent insurance broker Lockton named Matt DiGregorio as a senior vice president in its South Florida operation. DiGregorio will advise clients in private equity, real estate and other industries on...
Everest Insurance Adds Micheff to Excess Casualty Team in Chicago
May 9 2018 // Michael Micheff has joined Everest Insurance in Chicago as director and senior underwriter within the Excess Casualty division of Everest Specialty Casualty. He will be handling the Midwest territory of the United...
A.M. Best Upgrades Issuer Credit Rating of Illinois Casualty
May 1 2018 // A.M. Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “bbb” and affirmed the Financial Strength Rating (FSR) of B++ (Good) of Illinois Casualty Co. (Illinois...
Markel Revamps Excess Casualty Leadership Team
Apr 16 2018 // Markel Corp. has reorganized the leadership structure of its excess casualty team, the underwriting unit with teams in the U.S., Bermuda, Dublin and London. Matt Mullen and Colin Shaw, both managing directors, Casualty,...
What to Expect in Commercial Insurance Pricing for Rest of 2018: WTW Spring Forecast
Apr 12 2018 // Commercial property insurance rate increases are easing off initial spikes following 2017’s record natural catastrophe losses, but commercial insurance buyers still face upward pricing pressure on many lines of...
AIR Worldwide, RenaissanceRe Collaborate to Develop Casualty Catastrophe Model
Apr 9 2018 // Catastrophe modeling firm AIR Worldwide (AIR) announced it is collaborating with RenaissanceRe, a global re/insurer, as part of a joint effort to enhance the industry’s modeling of long-tail casualty...
Great Plains Casualty Upgraded, Removed from Under Review
Apr 2 2018 // A.M. Best has removed from under review with positive implications and upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” from...
IAT Insurance Acquires Excess and Umbrella Business from Rockhill Insurance
Mar 23 2018 // IAT Insurance Group (IAT) has reached a definitive agreement to acquire the renewal rights and certain associated assets for a book of surplus lines excess and umbrella insurance business from Rockhill Insurance Group....
A.M. Best Removes from Under Review, Upgrades Ratings of Great Plains Casualty
Mar 22 2018 // A.M. Best has removed from under review with positive implications and upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” from...
