Latest Casualty Headlines
All the headlines from our Casualty Topic Page, ordered by recency.
Universal Property & Casualty Insurance Licensed in New Hampshire
Dec 16 2015 // Universal Insurance Holdings Inc. in Fort Lauderdale, Florida, announced that its wholly-owned subsidiary Universal Property & Casualty Insurance Company (UPCIC) received a certificate of authority from the New...
Rockhill Insurance Realigns Underwriting Management Team
Dec 8 2015 // Rockhill Insurance Group, based in Kansas City, Mo., announced it has realigned its organizational underwriting structure to better serve wholesale brokers. Chief Operating OfficerDoug Goodenow presides over three main...
ACE Appoints Commercial P&C Leaders for Overseas General Insurance Division
Dec 3 2015 // ACE Ltd. has appointed the commercial property & casualty leadership team for the company’s Overseas General Insurance division. The leadership appointments will take effect upon completion of the acquisition of...
ACE Names Future Leadership Team for Overseas General Insurance Operations
Nov 23 2015 // ACE Ltd. announced the senior leadership team it intends to appoint for the new Chubb Group’s Overseas General Insurance division. This division comprises two major businesses: one with distribution through retail...
Cincinnati Insurance Announces Property/Casualty Leadership Changes
Nov 23 2015 // Cincinnati Financial Corp. announced that Stephen M. Spray, senior vice president, will transition to commercial insurance operations at Cincinnati Insurance effective Jan. 1, 2016, establishing the leadership perpetuation...
A.M. Best Downgrades Georgia-Based Century Casualty Co.
Nov 17 2015 // A.M. Best has downgraded the financial strength rating (FSR) to B (Fair) from B+ (Good) and the issuer credit rating (ICR) to “bb+” from “bbb-” of Century Casualty Co. based in Alpharetta, Ga. The...
Everest Re Adds Inland Marine Unit to U.S. Specialty Platform
Nov 13 2015 // Everest Re Group, Ltd., has expanded its U.S. specialty insurance platform, Everest National Insurance Co., with the introduction of a new dedicated Inland Marine underwriting team. Everest National is pursuing a broad and...
Professional Casualty Association Enters Michigan Medical PL Market
Nov 12 2015 // Medical professional liability insurer, Professional Casualty Association (PCA), has been approved for operations by the Michigan Department of Insurance and Financial Services as a licensed and admitted carrier, effective...
Liberty International Names Finnegan Chief Underwriting Officer for U.S.
Nov 11 2015 // Liberty International Underwriters (LIU), part of Liberty Mutual Insurance, has appointed Michael Finnegan to the newly-created position of chief underwriting officer for U.S. operations. Prior to joining LIU, Finnegan was...
U.K.’s Allianz Insurance Appoints Watts as Head of Casualty Claims
Nov 9 2015 // Allianz Insurance, the U.K. subsidiary of Allianz SE, has appointed Lee Watts as head of casualty claims. Watts will be responsible for leading the development and implementation of technical claims strategy and best...
Safety National Casualty Announces Claims Management Changes
Nov 5 2015 // St. Louis, Mo.-based Safety National Casualty Corp. is realigning its claims department with management changes. Carl Reynolds, senior vice president – Claims, has retired after a successful 30-year career with Safety...
Marsh Launches Excess Casualty Coverage for Product Liability Risks
Nov 3 2015 // Marsh has launched Marsh IO+, an enhanced excess casualty product designed for companies with significant product and other mass tort exposures. Organizations like retailers, food and beverage companies, construction...
As Activist Investors Circle, AIG Posts Q3 Loss; Plans to Cut 400 Jobs
Nov 2 2015 // American International Group Inc., the insurer facing pressure from activist shareholder Carl Icahn for a breakup, posted a third-quarter loss as investment results deteriorated. The company plans to cut as many as 400...
A.M. Best: Outlook Stable for Midwest Builders’ Casualty Mutual, Subs
Oct 29 2015 // A.M. Best has revised the outlook to stable from negative and affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” for Midwest Builders’ Casualty Mutual Insurance...
Chris Cox Appointed President of Old Dominion Insurance Co.
Oct 16 2015 // The Main Street America Group, a super-regional property/casualty mutual insurance holding company, has appointed Chris Cox to president of Old Dominion Insurance Co., its primary writing company and brand throughout...
Worldwide Facilities Hires Craane as New York Casualty Practice Leader
Sep 28 2015 // Worldwide Facilities, a wholesale broker and managing general agent based in Los Angeles, hired Bill Craane as vice president and New York Casualty Practice leader. He’s based in Worldwide Facilities’ New York...
Great American Insurance Names Niehaus Property/Casualty Sr. VP
Sep 25 2015 // Great American Insurance Group based in Cincinnati, Ohio, has named James (Jim) R. Niehaus was named senior vice president and chief information officer of its Property and Casualty Group. Jim Niehaus Niehaus joined the...
Worldwide Facilities, LLC Appoints New Vice President & New York Casualty Practice Leader
Sep 23 2015 // Leading Wholesale Insurance Brokerage Expands Resources in New York Office New York, NY, September 22, 2015 — Worldwide Facilities, LLC is pleased to announce that Bill Craane has joined the company’s New York City...
A.M. Best Withdraws Ratings of Chicago-Based American Access Casualty
Sep 17 2015 // A.M. Best has downgraded the issuer credit rating (ICR) to “bb” from “bb+” and affirmed the financial strength rating (FSR) of B (Fair) of American Access Casualty Company (AACC), based in Chicago,...
Beecher Carlson Hires Ross as Casualty Client Executive in New York
Sep 16 2015 // Beecher Carlson Insurance Services LLC, a specialized large account insurance broker and a wholly-owned subsidiary of Brown & Brown Inc., hired Jason Ross as casualty client executive, Northeast Casualty...
