All the headlines from our Casualty Topic Page, ordered by recency.
Jul 6 2020 // Demotech Inc. Reveals Leading Multi-State Property/Casualty Insurers In order to continue the discussion regarding what constitutes a Super Regional P/C Insurer™ and to give definition to this important group of...
Jul 1 2020 // Many property/casualty insurance professionals, most of whom have been working at home during the pandemic, may need some convincing not only to return to an office anytime soon but also to engage in typical business...
Jun 29 2020 // Liberty Mutual Re (LM Re), part of Liberty Mutual Insurance Group, has appointed Sara Steiner to the role of vice president and director of Assumed Reinsurance. Sara Steiner Steiner is based in LM Re’s office in...
Jun 25 2020 // According to Dorothy in the Wizard of Oz, there’s no place like home.For many in the property/casualty insurance industry, home is where their job has been during the pandemic. While millions of people in other...
Jun 24 2020 // Chicago, IL, June 24, 2020 – Prime Property & Casualty Insurance Inc. (“PPCI”) has announced its debut into the Commonwealth of Massachusetts commercial auto market as an admitted carrier specializing...
Jun 12 2020 // Pandemic threats were once on the list of potential emerging risks facing the insurance industry and society. Now that this risk has materialized with the COVID-19 crisis, it is perhaps a good time to take a look at the...
Jun 10 2020 // Ratings issuer A.M. Best said it has removed from under review with negative implications and affirmed the Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit Ratings of “a” of five companies...
May 27 2020 // How is the coronavirus pandemic affecting you, your life, your work and your industry? Now and going forward?No matter where you work in the P/C insurance industry, your experience is important. Learn how your experience...
May 26 2020 // Canopius announced the appointment of Craig Elliott as casualty underwriter for the region, effective May 4, 2020.He reports to Claudio Saita, head of Australia & Pacific, and is based in the company’s Sydney...
May 19 2020 // Property/casualty insurance carrier groups are developing a proposal for a federal program to replace revenues lost by businesses shut down during pandemics like COVID-19, but their program won’t be modeled after the...
May 12 2020 // Global average commercial insurance prices increased 14% in the first quarter of 2020 – but the rate hikes were not due to the COVID-19 pandemic, according to insurance broker Marsh in its quarterly Global Insurance...
May 12 2020 // EC3 Brokers announced the launch of its specialty division, with the appointment of Jonathon Lane as head of the division. Lane is joined by Dominic Toogood and Gary Moore. All three joined on May 1 and initially will...
Apr 23 2020 // Everest Insurance announced changes to the Commercial Casualty leadership team. Four underwriters across the country have been appointed leaders for the Northeast, South, Midwest and Southwest regions. Frank Engle has been...
Apr 21 2020 // AXA XL announced a new leadership team and proposed changes to the operating model of its Insurance business following a strategic review.Key proposed changes to the operating model include the creation of a single global...
Apr 2 2020 // Horace Mann Educators Corp. has appointed Senior Vice President and Chief Corporate Actuary Mark Desrochers as head of the company’s property/casualty insurance business on an acting basis.Desrochers will take over...
Mar 20 2020 // Kinsale Capital Group Inc. has announced four underwriting promotions. Patrick L. Dalton was named senior vice president of Casualty, John R. Bowen Jr. was named vice president of Construction, Jason E. Hoover was named...
Mar 19 2020 // BMS Group, the independent specialist re/insurance broker, announced the appointment of Jonah Pfeffer as chief casualty officer at BMS Re U.S., effective immediately. He will report to Pete Chandler, president and CEO at...
Mar 18 2020 // Beginning on March 20, Rock Island, Ill.-based Illinois Casualty Co. (ICC), a wholly owned subsidiary of ICC Holdings Inc., will temporarily suspend all insurance premium billing for 30 days.The company said the action is...
Mar 16 2020 // Canopius Group Ltd. has purchased a majority stake in Bermuda-based Multi-Strat Holdings Ltd.Financial details of the transaction were not disclosed. MultiStrat is a specialty reinsurance group that writes both prospective...
Mar 10 2020 // AM Best has downgraded the Financial Strength Rating (FSR) to B- (Fair) from B (Fair) and the Long-Term ICR to “bb-” from “bb” of Echelon Property & Casualty Insurance Co., based in Chicago.AM...