All the headlines from our Casualty Topic Page, ordered by recency.
Jun 9 2015 // Florida-based Universal Insurance Holdings Inc. announced that the Michigan Department of Insurance issued a Certificate of Authority to Universal Property & Casualty Insurance Co. (UPCIC), establishing UPCIC as a...
Jun 4 2015 // Ascot Underwriting Ltd., the London-based Lloyd’s managing agency, has appointed Scott Beall as chief underwriting officer of casualty facultative and Lex Smart as senior vice president of Ascot Fac. The team will...
Jun 3 2015 // Universal Insurance Holdings Inc. announced that the Pennsylvania Insurance Department has approved the homeowners insurance rates and forms of its wholly-owned subsidiary, Universal Property & Casualty Insurance...
Jun 2 2015 // Swiss Re Corporate Solutions has added Michael Kwan to its North American leadership team based in Santa Ana, California. Kwan joins the Casualty North America leadership team as senior vice president and head of Excess...
May 26 2015 // Analysts who predicted the U.S. property/casualty industry would have a tough time topping its 2013 results in 2014 were largely correct as there was some slippage.However, while property/casualty insurers were not as...
May 14 2015 // AEGIS London has appointed Dan Rouse as casualty underwriter. He joins from broker Howden.Rouse will join the established team of London-based underwriters writing an international book of business, excluding...
May 14 2015 // Willis Re, the reinsurance division of Willis Group Holdings plc, has established a syndicated reinsurance facility providing the broadest protection available for insurers against catastrophic and systemic loss...
May 12 2015 // ACE Group has expanded its range of excess casualty corporate risk coverages to provide more extensive protection to middle market clients.The enhanced offerings, available for businesses with revenues up to $1 billion,...
May 6 2015 // During the first quarter, Hannover Re generated net income of 279.7 million euros ($311.8 million), a 20.1 percent increase over the 233.0 million euros ($260 million) reported for the same period last year.“The fact...
May 5 2015 // Great American Insurance Group has added an additional $10 million in casualty capacity for public sector risks attaching $10 million or higher. When attached to a risk in conjunction with Great American Public...
May 4 2015 // The circumstances surrounding the liquidation of a small Oklahoma insurer highlight the concern over how effectively state insurance regulators are able assess potential buyers of insurance companies, according to a recent...
May 1 2015 // American International Group Inc.’s reported good news in its commercial lines business during the first quarter that was partially offset by low interest rates and weak investment returns.AIG on Thursday reported...
Apr 22 2015 // St. Louis, Mo.-based Safety National Casualty Corp. announced it has rebranded its reinsurance platform as Safety National Re.Safety National Re will continue to offer its existing products and solid financial security,...
Apr 22 2015 // Willis Group Holdings plc has unveiled a new suite of analytical tools to help firms proactively manage risks. “These proprietary models will deliver innovative analytical capabilities for diagnosing Natural...
Apr 20 2015 // Nationwide independent wholesaler All Risks has added Steve Skaletsky to its Jupiter, Fla., office as a casualty broker. Skaletsky will target commercial risks in Florida and throughout the Gulf Coast, providing general...
Apr 7 2015 // Bermuda-based Ironshore Specialty Casualty’s Construction unit announced that it will “offer coverage enhancements through Crisis ThreeSixty,” which it described as an “an optional policy...
Apr 2 2015 // ACE Group has created a new underwriting management role for the Eurasia and Africa region and promoted Shankar Krishnan, currently casualty underwriting manager for MENA, to the position.The appointment is the latest in a...
Mar 25 2015 // ACE Group has made two appointments within its Global Accounts segment: Ed Gandon, casualty manager, UK & Ireland, and Gary Etherington, property manager, UK & Ireland, as it continues to invest in servicing larger...
Mar 20 2015 // ACE Group says it is strengthening its global primary casualty offering with an expanded service platform designed to protect the multinational business activities of Canadian companies.ACE Risk Management Global Casualty...
Mar 20 2015 // A.M. Best has downgraded the financial strength rating to B- (Fair) from B (Fair) and the issuer credit rating to “bb-” from “bb” of Greenville Casualty Insurance Co. (Greer, SC). The outlook for...