Latest Casualty Headlines
All the headlines from our Casualty Topic Page, ordered by recency.
News Currents
Sep 3 2007 // Ohio Casualty officially joins the Liberty Mutual agency family With $7.3 billion in premium, Liberty Mutual Agency Markets now largest regional independent agency Boston-based insurance giant Liberty Mutual Group is now...
People
Sep 3 2007 // Richard E. Meuret has been appointed vice president and manager, Field Operations Analysis, for Liberty Mutual Agency Markets regional company operations. Meuret will be based in the insurer’s Boston home office and...
Agency Specialty Forms Alliance with Midwest Employers Casualty
Aug 31 2007 // Agency Specialty Product Network (ASPN) has announced it has formed an alliance with Midwest Employers Casualty Co. (MECC), based in Chesterfield, Mo., to offer large deductible workers’ compensation programs (single...
Liberty Mutual Realigns Agency Companies to Welcome Ohio Casualty
Aug 27 2007 // Boston-based Liberty Mutual Group finalized its acquisition of Ohio Casualty Corp. on Friday, Aug. 24, 2007 and immediately announced a realignment of its $5.9 billion net premium regional agency company organization to...
Liberty Mutual Receives Regulatory Approvals for Ohio Casualty Acquisition
Aug 21 2007 // Liberty Mutual Group and Ohio Casualty Corp. recently announced that the Liberty Mutual Group has received approvals from the State of Ohio Department of Insurance and the State of Indiana Department of Insurance for the...
Mass. Court Rules Excess Insurer Not Bound by Primary Insurer Settlement
Aug 7 2007 // An insurer of a so-called “follow form” excess policy is not bound by the decision of a primary insurer to settle a claim, the Massachusetts Supreme Judicial Court has ruled. The state’s highest court...
QBE the Americas’ President, CEO John Pollock to Retire
Aug 6 2007 // QBE the Americas has announced that president and CEO John Pollock will retire at year-end after 29 years of service to the company. Pollock will continue as chairman of the General Casualty and Unigard board of directors....
The Hartford settlement ends agents’ contingent commissions
Aug 6 2007 // The Hartford Financial Services Group Inc. announced it has reached a settlement with the New York, Connecticut and Illinois attorneys general resolving matters relating to their investigations of the compensation...
The Hartford settlement with attorneys general ends agents’ contingent
Aug 6 2007 // The Hartford Financial Services Group Inc. announced it has reached a settlement with the New York, Connecticut and Illinois attorneys general resolving matters relating to their investigations of the compensation...
Texas’ June Enforcement Actions Result in $190K in Fines, Restitution
Jul 31 2007 // Enforcement actions taken by Texas Insurance Commissioner Mike Geeslin that became final during June resulted in nearly $191,000 in fines and restitution, the Texas Department of Insurance announced. The actions include...
People
Jul 23 2007 // The Hartford Financial Services Group Inc. has named Thomas M. Marra to the newly created position of president and chief operating officer. Marra, currently a member of the company’s board of directors and president...
People
Jul 23 2007 // The Hartford Financial Services Group Inc. has named Thomas M. Marra to the newly created position of president and chief operating officer. Marra, currently a member of the company’s board of directors and president...
People
Jul 23 2007 // Richard S. “Dick” Gieger, general counsel of the law firm of Thompson, Coe, Cousins and Irons, was presented the Raymond Mauk Leadership Award on July 12 in Austin, Texas, at the 15th Annual Mid-Year Property...
Building the case with customers for excess casualty coverage
Jul 23 2007 // What should brokers or agents say when they meet resistance from customers who already feel they are spending too much on liability coverage? Explain that in today’s world, it doesn’t take long to run through...
Washington Casualty Reinstated in Idaho
Jul 13 2007 // The Idaho Department of Insurance has reinstated the license of Washington Casualty Co., a subsidiary of FinCor Holdings Inc., allowing it to underwrite insurance in the state. The reinstated license validates WCC’s...
CSC Names Fogle to Head Sales to Property and Casualty Industry
Jul 10 2007 // Computer Sciences Corp. based in El Segundo, Calif., announced that Lee Fogle has joined the company as vice president of sales for the property and casualty (P&C) insurance market in the Americas. He reports to Ray...
Small business owners’ needs run large
Jul 2 2007 // Agents can serve as partners to satisfy the demands of running today’s small business Small business is big and getting bigger. Some 6.4 million businesses with one to 20 employees now contribute to our economy, and...
Small business owners’ needs run large
Jul 2 2007 // Small business is big and getting bigger. Some 6.4 million businesses with one to 20 employees now contribute to our economy, and this segment continues to grow at a record pace. Everyone — the college graduate, the...
P/C Industry Net Income, Overall Profitability Slip in 1Q 2007
Jun 28 2007 // The U.S. property/casualty insurance industry’s net income after taxes dipped to $15.8 billion in first-quarter 2007 from $16.7 billion in first-quarter 2006 and $17.7 billion in first-quarter 2005, according to...
Swett & Crawford Adds Casualty Broker in Mich. Office
Jun 26 2007 // Swett & Crawford recently announced that Brandon King has joined the Bloomfield Hills (Detroit), Mich. office as a casualty broker. Previously King worked at Johnston Lewis Associates, Inc as a property/casualty...
