Latest Casualty Headlines

All the headlines from our Casualty Topic Page, ordered by recency.

Texas Regulators Post Summaries of Property/Casualty Insurance Bills for 2013

Dec 3 2013 // The Texas Department of Insurance has posted information and brief summaries of selected bills enacted during the 83rd Legislative regular session that relate to property/casualty insurance.The bills listed may require...

American Interstate Insurance, Silver Oak Casualty OK’d to Move to Nebraska

Dec 2 2013 // Insurance Director Bruce Ramge has approved the two property/casualty insurance companies to domicile in Nebraska.American Interstate Insurance Co. and its wholly-owned subsidiary, Silver Oak Casualty Inc., were previously...

Allied World Europe Appoints Burniston as Senior VP – Primary Casualty

Nov 21 2013 // Allied World Assurance Company Holdings, AG announced that Denis Burniston has been appointed senior vice president, General Casualty, for Allied World Europe to lead the company’s primary casualty operation in...

2013 State Specialist P/C Insurers Revealed

Nov 18 2013 // State Specialists are often an independent agent’s most reliable and consistent market. These companies are focused on a specific geographic area, understand it and consistently strive to serve it.The Demotech...

Horace Mann Announces Property/Casualty Leadership Changes

Nov 7 2013 // Springfield, Ill.-based Horace Mann Educators Corp. has named Stephen P. Cardinal to lead its property/casualty business as executive vice president, effective immediately. Cardinal succeeds Thomas C. Wilkinson, who will...

Gerik Elected President of Texas Assoc. of Fire/Casualty Insurance Cos.

Nov 5 2013 // Mike Gerik, executive vice president of the Texas Farm Bureau Insurance Cos., has been elected president of the Association of Fire and Casualty Companies in Texas (AFACT).Gerik, whose term as AFACT president runs for two...

P/C Insurers’ CFOs Point to Hardening Markets: Towers Watson

Nov 4 2013 // Chief financial officers with leading North American property/casualty insurers believe both property and casualty insurance markets are in the midst of hardening, according to a new North American Property & Casualty...

AIG’s Q3 Profit Advances 17% to $2.17B; Property/Casualty Sales Decline

Nov 1 2013 // American International Group Inc., the insurer that repaid a U.S. rescue last year, said third- quarter profit climbed 17 percent as underwriting margins improved at the property-casualty business.Net income rose to $2.17...

AIG Hires XL Group’s Maag as CEO of Europe, Middle East

Oct 25 2013 // American International Group Inc. hired Seraina Maag from XL Group Plc to run the Europe, Middle East and Africa region as Chief Executive Officer Robert Benmosche reshapes the insurer’s leadership.Maag, 45, will be...

Missouri Insurance Department Adds Lederer as Property/Casualty Actuary

Oct 24 2013 // The Missouri Department of Insurance announced that Julie Lederer has joined the department as the appointed Missouri property/casualty actuary.Lederer will support the Divisions of Insurance Company Regulation and...

P/C Insurers’ CFOs Point to Hardening Markets: Towers Watson Survey

Oct 22 2013 // Chief financial officers with leading North American property/casualty insurers believe both property and casualty insurance markets are in the midst of hardening, according to a new North American Property & Casualty...

XL Group’s Insurance Operations Grow in Dallas

Oct 17 2013 // XL Group announced an expansion of its insurance operations in Dallas.The company’s U.S. Risk Management business is setting up operations in Dallas and welcoming Gabriel Martinez as casualty underwriting director....

P/C Stock Valuations Unlikely to Improve Much in Near Term: Conning

Oct 10 2013 // While property/casualty insurance stock valuation levels are finally exceeding book values after four years of below-book levels, a near-term return to higher historical valuation levels is unlikely, according to a new...

Swiss Re’s Head of Casualty Jayne Plunkett Explains Why It’s a ‘Social Science’

Oct 8 2013 // Jayne Plunkett, possibly the second most well-known person from Iowa after Bill Bryson, heads Swiss Re’s International casualty reinsurance operations. In the interview she explains that, as you’re dealing with...

Imperial Management Corp. Promotes 7 in Dallas

Oct 8 2013 // Imperial Management Corp. announced a number of promotions in the company’s Dallas office.Carrie Wilson has been named vice president of product management for Imperial Fire & Casualty Co. She joined Imperial...

Underwriting, Investment Gains Boosted P/C Insurers’ Bottom Line in First Half 2013

Oct 3 2013 // Private U.S. property/casualty insurers’ net income after taxes rose to $24.5 billion in first-half 2013 from $17.2 billion in first-half of last year.Insurers’ overall profitability as measured by their...

Aspen Re Appoints Lewis to Head London Casualty Unit

Oct 2 2013 // Aspen Reinsurance has appointed Jamie Lewis as head of its casualty reinsurance business in London. Lewis will be responsible for developing Aspen Re’s book of casualty reinsurance treaty and facultative business...

ProAssurance to Acquire Workers’ Comp Insurer Eastern Holdings

Sep 24 2013 // Medical professional liability insurer ProAssurance Corp. said it is acquiring monoline workers’ compensation insurer Eastern Insurance Holdings Inc. in an all-cash transaction that values Eastern at $24.50 per...

Video Interviews – Coming to Your Screen – a Sneak Preview

Sep 16 2013 // Over the next several weeks we will be releasing a series of video interviews, recorded at the Reinsurance Rendez-vous in Monte Carlo. They are wide ranging, covering a number of topics. They will air the views from some...

Wells Media Launches Carrier Management Print Magazine

Sep 4 2013 // Wells Media Group Inc. has launched a new print publication, Carrier Management Magazine, for property/casualty (P/C) insurance executives.This magazine launch follows the spring debut of the website,...