Latest Casualty Headlines

Guy Carpenter Study: U.S. Tort System Less Hostile to Corporate Defendants, Their Insurers

Dec 19 2005 // Guy Carpenter & Company Inc. reported the release of a new study, Recent Legislative and Judicial Trends Affecting the U.S. Casualty Industry, on key legislative and judicial developments and their impact on the U.S....

People

Dec 18 2005 // Ohio Casualty Corporation has completed a new five-year agreement with its current president and chief executive officer, Dan R. Carmichael. The prior contract with Carmichael was to expire on Dec. 31, 2005. Carmichael...

Dan Carmichael

Dec 18 2005 // William Granato Brandon Hickey Ohio Casualty Corporation has completed a new five-year agreement with its current president and chief executive officer, Dan R. Carmichael. The prior contract with Carmichael was to expire...

The Industry Goes to School: Universities that Offer Insurance Degrees

Dec 18 2005 // Twenty years ago, it was nearly impossible to find colleges and universities offering degrees in insurance. Now there are many programs across the nation that offer bachelor’s degrees, concentrations, certifications,...

News Briefs

Dec 18 2005 // FLORIDA State Farm of Florida 8.6 Percent Rate Request Approved The Florida Department of Insurance approved an average statewide premium rate hike of 8.6 percent for State Farm of Florida, the largest insurer of homes in...

West Coast Insurance Wholesaler ECM Appoints Misty Reistad as VP in SF HQ

Dec 12 2005 // San Francisco, California – ECM Insurance Services, Inc., a San Francisco-based management liability and property & casualty insurance wholesaler, today announced the appointment of Misty Reistad as Vice...

Lawson-Hawks Acquires Healthcare Property/Casualty Group

Dec 7 2005 // Lawson-Hawks Insurance Associates Inc., a regional independent insurance broker based in Mountain View, Calif., has announced the acquisition of the El Dorado Hills, Calif.-based Healthcare Property/Casualty Group...

Ohio Casualty Renews CEO Carmichael Pact for 5 Years

Dec 6 2005 // Ohio Casualty Corporation has completed a new five-year agreement with its current President and Chief Executive Officer, Dan R. Carmichael, effective immediately.The prior contract with Carmichael was due to expire on...

Dec 4 2005 // Burns & Wilcox, a national specialty insurance managing general agency, has promoted Wayne Bates to director of the company’s Special Risk Division (SRD), International and promoted him to associate vice...

Dec 4 2005 // The National Alliance for Insurance Education & Research, Austin, Texas, has announced that two outstanding customer service representatives have received its National Outstanding CSR of the Year Award for 2005:...

Katrina Losses Cost Miss. Farm Bureau Mutual Insurance $450M; Policies Being Transferred to S. Farm Bureau Casualty

Nov 23 2005 // Jackson-based Mississippi Farm Bureau Mutual Insurance has announced that the strain of paying $450 million in claims after Hurricane Katrina has caused the company to cease writing policies in the state and transfer...

Ohio Casualty Announces Dividend

Nov 18 2005 // The Directors of Ohio Casualty Corporation declared a regular quarterly dividend of $.06 per share, payable Dec. 12, 2005, to shareholders of record on Dec. 1, 2005. Ohio Casualty Corporation, based in Fairfield, Ohio, is...

Casualty Actuarial Society Names Braithwaite as President

Nov 18 2005 // Paul Braithwaite, managing director at Navigant Consulting, has been elected as president of the Casualty Actuarial Society, and Thomas G. Myers, vice president, product management for High Point Safety and Insurance...

General Casualty Notes Promotions

Nov 11 2005 // General Casualty recently promoted Paul Schulte and Rick Wittmann at its Sun Prairie, Wis., headquarters. Schulte was promoted to senior vice president of General Casualty’s personal lines department following a...

To submit a People and Places announcement, e-mail ptom@insurance journal.com

Nov 6 2005 // ACE USA announced two appointments in its ACE Casualty Risk Unit. William Hazelton has joined as senior vice president and underwriting manager for ACE Environ-mental Risk, and Mitchell Schmidt is now senior vice president...

Conning: Despite Storms and Competition, P&C Outlook is Good

Nov 3 2005 // Property casualty insurance industry results should be relatively strong from 2005 through 2007, despite 2005’s hurricane activity and an increasingly competitive market, according to a new report by Conning Research...

Ohio Casualty Profits Up in Q3

Oct 26 2005 // Ohio Casualty Corp. y reported a higher profit in the quarter ended Sept. 30. The company announced $55.5 million in net income, or 85 cents per diluted share, in the third quarter, compared with $19.6 million, or 30 cents...

General Casualty Assists with Hurricane Relief Help

Oct 19 2005 // For the second time in less than a year, Wisconsin-based General Casualty and its employees answered a call for financial help, donating more than $42,000 this week to the American Red Cross Response Fund in support of...

Fla. Insurance Industry Preps for Wilma

Oct 19 2005 // Hurricane Wilma, with a barometric pressure of 882 mb, is now the most intense hurricane on record in the Atlantic Basin. After rapid intensification Tuesday night, Wilma is now a potentially catastrophic Category 5...

A.M. Best: P/C Insurers Report Strong Gains for First Half of 2005

Oct 17 2005 // The U.S. property/casualty industry recorded an underwriting profit of $13.2 billion during the first six months of 2005, a substantial gain from the record results posted during the comparable period of 2004, according to...