Brokerage Lockton announced new leadership appointments within its U.S. casualty business. Peter Rapciewicz has been named U.S. casualty leader, and...
Casualty Lines News
Leaders of the casualty insurance practices of a global insurance carrier and a North American specialty brokerage offered insights for...
Selective Insurance Group reported a 24% drop in fourth quarter 2024 net income as its chief executive admitted the year...
The US Federal Trade Commission is likely to have bipartisan support to keep filing cases to block anticompetitive mergers under...
Commercial insurance rates during the third quarter in the U.S. increased 3%, with casualty rates up 10%. According to Marsh’s...
The reinsurance market has reached an equilibrium, with increased capital supply from accumulated earnings meeting higher demand for reinsurance protection...
“There could be a liability crisis in reinsurance in a couple of years,” a reinsurance executive predicted this week. Ken...
Although insurers can help to stop the growth of social inflation, they can’t lead the effort, an industry executive said...
Loss severity for many U.S. casualty lines of insurance business has exceeded economic inflation over the past decade, indicating other...
If personal auto insurance loss reserves are developing adversely, can commercial general liability be far behind? That’s the gist of...