Latest Casualty Headlines
All the headlines from our Casualty Topic Page, ordered by recency.
Ohio Casualty Announces Range of Expected First Quarter Earnings
Apr 28 2003 // Ohio Casualty Corp., the holding company for Ohio Casualty Insurance Co., expects to report net income per share of 31 to 35 cents for the first quarter 2003. This net income per share estimate includes about 21 cents per...
American Casualty Offers New Program for Nurse Anesthetists
Apr 22 2003 // Nevada Insurance Commissioner Alice A. Molasky-Arman approved a new professional liability program for certified registered nurse anesthetists, filed by American Casualty Company. The program will be offered to members of...
Ohio Casualty Elects New Directors to Board
Apr 17 2003 // Fairfield-based Ohio Casualty Corp. has added two members to its board of directors: William P. Boardman and Robert A. Oakley. Boardman, 61, a native of Columbus, Ohio, is a retired executive of Bank One Corporation. At...
W.R. Berkley Corp. Notes Formation of New Excess Casualty Underwriting Division
Apr 11 2003 // W. R. Berkley Corporation announced the formation by its subsidiary, Admiral Insurance Company, of a new underwriting division. The new division, Admiral Excess Underwriters, will specialize in the underwriting of casualty...
Ace Westchester Specialty Group Opens Chicago Casualty Office
Apr 11 2003 // Ace Westchester Specialty Group, a division of Ace USA Inc., has announced the opening of its new Chicago casualty office. The office, at 525 W. Monroe St., will underwrite primary general liability umbrella and high...
ACE Casualty Risk Offers New Products for Environmental Risk Market
Apr 7 2003 // ACE Casualty Risk announced that it would provide broader product and service solutions for the environmental risk market through its environmental underwriting unit–ACE Environmental Risk (AER). The expanded...
Ohio Casualty Will Webcast Annual Meeting
Apr 7 2003 // Ohio Casualty Corp will Webcast its annual shareholder meeting. The meeting will be held at 10:30 a.m., April 16, in the Ohio Casualty University Auditorium at the company’s Fairfield, Ohio, corporate headquarters,...
Property/Casualty Insurance: An Industry in Recovery’
Apr 7 2003 // Following the property/casualty industry’s net loss after taxes in 2001, many analysts predicted 2002 would be the year of recovery. In fact, strong premium growth and sharply lower catastrophe losses did lead to...
Property/Casualty Insurance: An Industry in Recovery’
Apr 7 2003 // Following the property/casualty industry’s net loss after taxes in 2001, many analysts predicted 2002 would be the year of recovery. In fact, strong premium growth and sharply lower catastrophe losses did lead to...
Ohio Casualty Installs Mitchell’s Web-Based Claims Software
Apr 1 2003 // The member companies of Ohio Casualty Group (OCG) are installing Mitchell International Inc.’s Web-based claims workflow solution for auto physical damage claims. OCG’s choice, part of the eMitchell solutions...
Vesta Group Downgraded; Co. May Divest Some P/C Units
Apr 1 2003 // A.M. Best Co. said it downgraded the financial strength rating to “B” (Fair) from “B+” (Very Good) of the property/casualty affiliates of Birmingham, Ala.-based Vesta Insurance Group. Additionally,...
S&P’s Affirms Horace Mann Educator Corp. ‘BBB+’ Rating
Mar 25 2003 // Standard & Poor’s Ratings Services said today that it affirmed its “BBB+” counterparty credit rating on Illinois-based Horace Mann Educator Corp. based on its strong financial position and the...
Does the economy drive sub-standard automobile insurance in California’
Mar 24 2003 // Have we finally arrived at the point where the economy is a critical factor in personal automobile insurance? Not quite but it is my opinion that we are closing in. Although insurance company annual statements do not...
Is the Economy Driving the Sub-Standard Auto Market in Texas’
Mar 24 2003 // Have we finally arrived at the point where the economy is a critical factor in personal automobile insurance? Not quite, but it is my opinion that we are closing in. Although insurance company annual statements do not...
AUTO INSURANCE, WORKERS’ COMP EMERGE
Mar 24 2003 // New state laws concerning workers’ compensation and automobile insurance make up the majority of the property/casualty-related insurance laws enacted by state legislatures last year, according to an analysis of...
S&P’s Assigns Washington Casualty Co. ‘R’ FSR
Mar 14 2003 // Standard & Poor’s has assigned its ‘R’ financial strength rating to Washington Casualty Co. upon its placement into receivership by Thurston County Superior Court. “This rating action follows...
Ohio Casualty Cuts Claims Staff
Feb 24 2003 // Ohio Casualty Corp. has laid off 87 claims staffers, which the company says will save $1.8 million this year and $4 million annually thereafter. The Fairfield, Ohio, insurer says the cuts will not affect claims service...
Time to Jump on the Employee Benefits Bandwagon’
Feb 24 2003 // In some respects, the world of employee benefits seems to be on a roll. The Indepen-dent Insurance Agents & Brokers Association (IIABA) reports that about 26 percent of the U.S. agencies examined in its “2002...
Time to Jump on the Employee Benefits Bandwagon’
Feb 24 2003 // In some respects, the world of employee benefits seems to be on a roll. The Indepen-dent Insurance Agents & Brokers Association (IIABA) reports that about 26 percent of the U.S. agencies examined in its “2002...
Ohio Casualty Group Agents Now Have Access to Policy Loss Run Inquiry
Feb 21 2003 // Ohio Casualty Group (OCG) agents using Applied Agency Management Systems will now have access to Policy Loss Run Reports available through IVANS Transformation Station. The Loss Run Reports also will be accessible through...
