Latest Casualty Headlines
All the headlines from our Casualty Topic Page, ordered by recency.
U.S. property/casualty industry posts record 1Q profits
Jul 24 2006 // News Currents The U.S. property/casualty industry’s net gain on underwriting rose $1.4 billion, or 20.8 percent, to $8.4 billion in first-quarter 2006 from $6.9 billion in first-quarter 2005. The combined...
Optional federal charter is needed
Jul 24 2006 // Editor’s note: The following excerpt is edited from an oral statement made by Joseph J. Beneducci, president of Fireman’s Fund at the Senate Banking, Housing and Urban Affairs Committee’s July 11 hearing...
Optional federal charter is needed
Jul 24 2006 // Editor’s note: The following excerpt is edited from an oral statement made by Joseph J. Beneducci, president of Fireman’s Fund at the Senate Banking, Housing and Urban Affairs Committee’s July 11 hearing...
Colorado Casualty Provides Disaster Planning Web Tool for Businesses
Jul 20 2006 // Businesses insured through Colorado Casualty, a member of Liberty Mutual Group, will be among the first in the Mountain West and Southwest states to be able to use Open for Business, a free, web-based tool that allows them...
ACE USA Realigns Construction Industry Practice
Jul 19 2006 // ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, has announced that its Construction Industry Practice, formerly part of ACE Risk Management, will now become a unit of ACE Casualty Risk, and...
Colorado Casualty Offers Policyholders Disaster Planning Guides
Jul 18 2006 // Colorado Casualty, a member of Liberty Mutual Group, is helping its 14,000 homeowner insurance policyholders and homeowners throughout the West and Southwestern states protect their families and homes during wildfire...
Langford Honored With Raymond Mauk Award
Jul 14 2006 // James Langford, an assistant vice president at the Texas Farm Bureau Insurance Companies, was presented the Raymond Mauk Leadership Award July 13, at the 14th Annual Mid-Year Property and Casualty Symposium. Langford...
Insurer Group Supports State Regulation at Senate Hearing
Jul 11 2006 // The National Association of Mutual Insurance Companies (NAMIC) is convinced that insurance regulatory reform at the state level is the best and safest course for consumers and insurers alike, said a Namic witness in...
Mercator Risk Adds Assistant Vice President in Midwest
Jul 7 2006 // New York-based Mercator Risk Services, a specialty wholesale insurance broker, has added Julie Courcelle Lewin to its expanding Midwest Casualty Practice as an assistant vice president. Prior to joining Mercator, Lewin...
Texas Enforcement Actions in May Result in More than $224K in Fines
Jun 30 2006 // The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during May. The actions include eight license revocations and fines and restitution totaling...
Fidelity National P/C Acquires Southern Family Flood Fla. Policies
Jun 28 2006 // Fidelity National Property and Casualty Insurance Co. has received approval from the Circuit Court of Florida to purchase all of the existing flood insurance policies of Southern Family Insurance Co. through the Florida...
U.S. P/C Industry Posts Record 1Q Profits; Net Gain on Underwriting Rises Nearly 21%
Jun 28 2006 // The U.S. property/casualty industry’s net gain on underwriting rose $1.4 billion, or 20.8 percent, to $8.4 billion in first-quarter 2006 from $6.9 billion in first-quarter 2005. The combined ratio — a key...
Wis. General Casualty Announces Names of Scholarship Winners
Jun 20 2006 // Sun Prairie, Wis.-based General Casualty Insurance Companies has announced the names of 20 winners of its renewable $1,000 scholarship awards. “The General Casualty scholarship program was created four years ago to...
Hartford Resolves Equitas Claims, Completes Review; S&P Comments
Jun 16 2006 // The Hartford Financial Services Group has entered into an agreement with Equitas, the Lloyd’s runoff vehicle, and all Lloyd’s syndicates reinsured by Equitas that “resolves, with minor exception, all of...
New Property and Casualty Insurer Opens in Irving, Texas!
Jun 16 2006 // Irving, Texas – A new Property and Casualty insurer, Homeowners of America Insurance Company, has opened in Irving, Texas. Homeowners is a Texas company specializing in protecting residential property for Texans. In...
Universal Casualty Appoints Milton O. Johnston to Write Commercial Auto
Jun 14 2006 // Universal Casualty Company (A.M. Best: A -), a member of Kingsway Financial Services Inc., announced the appointment of Milton O. Johnston and Company Ltd. of Houston, Texas, as an underwriting general agent to write...
Max Re Q1 Net $72.9 Million; Conference Call Today, Details
Jun 1 2006 // Bermuda- based Max Re Capital Ltd. has released its delayed results for the first quarter of 2006, which show net income of $72.9 million, or $1.15 per diluted share, compared to $37.7 million, or 75 cents per diluted...
ACE USA Launches Excess Casualty Corporate Risk Product
May 23 2006 // ACE USA, the U.S. based retail operating division of the ACE Group of Companies, has launched a new Excess Casualty Corporate Risk product. The ACE USA Excess Casualty Corporate Risk product offers umbrella liability...
Infinity Property and Casualty to Webcast Shareholders’ Meeting
May 22 2006 // Infinity Property and Casualty Corp., of Birmingham, Ala., will broadcast a live Internet broadcast of its 2006 annual meeting of shareholders May 23 at 11 a.m. (ET). To listen to the live broadcast, go to Infinity’s...
Chartered Property Casualty Underwriters to share tips on being successful
May 22 2006 // On Tuesday June 13, the Los Angeles Chapter of the Chartered Property Casualty Underwriters will host a meeting featuring motivational speaker Betsey Brewer, senior vice president of The Rule Co., speaking on...
