All the headlines from our Casualty Topic Page, ordered by recency.
Sep 5 2011 // AIPSO has appointed Roberta Haskins to serve as the manager of its Western Region, which includes the California Automobile Assigned Risk Plan (CAARP), the California Low Cost Program, and the Western Association of...
Sep 5 2011 // Michael Crafts has joined The Woodlands Financial Group as vice president of Sales and Marketing. Crafts has more than 15 years of all lines insurance experience. He started his career with Farmers Insurance Group. Most...
Aug 23 2011 // Chicago-based CNA Select Risk, which includes excess and surplus (E&S) insurance business, as well as wholesale property accounts, has appointed Carol Stark as vice president of casualty and programs. Stark comes to...
Aug 23 2011 // United Fire & Casualty Co., based in Cedar Rapids, Iowa, announced that East Coast Regional Office Branch Manager Ray Dudonis has been named vice president. Dudonis joined Mercer Insurance Group, a subsidiary of United...
Aug 15 2011 // 5 Insurers Become 1Five well-known Midwest property/casualty insurers have agreed to merge into one that the public is sure to forget. Lackawanna Casualty, Wawanesa Mutual, West Wawanosh Mutual, Lanark Mutual and Mutual of...
Aug 4 2011 // Swiss Re reported Group net income increased by 18 percent to $960 million in the second quarter of 2011, compared to $812 million in the same period of 2010. “All segments contributed to these positive results,...
Aug 1 2011 // Joseph Waked was named CEO of Buena Park, Calif.-based Freeway Insurance, a subsidiary of New York-based Confie Seguros. He will have responsibility for California, Texas and Arizona.Waked replaces Freeway’s former...
Aug 1 2011 // Property/casualty insurance companies have faced tough economic decisions over the last few years. Experts and analysts have expressed concern over soft pricing exhibited in the underwriting cycle. To avoid the...
Jul 18 2011 // Dianne Morris, former president of the Association Casualty Insurance Co., was presented with the Raymond Mauk Leadership Award on July 15 at the Insurance Council of Texas’ 19th Annual Mid-Year Property and Casualty...
Jul 18 2011 // Bob Shepard, board chairman of Shepard Walton King Insurance Group in Harlingen, was installed as president of the Independent Insurance Agents of Texas for 2011-2012 during the association’s annual business meeting...
Jul 11 2011 // Ullico Casualty Group, Inc. and Ullico Casualty Co. have formed a strategic alliance with property and casualty insurance carrier Philadelphia Insurance Cos. The partnership allows Philadelphia to deliver contract and...
Jul 4 2011 // Liberty Mutual Group’s Edmund F. Kelly retired from active management of the company on June 28. David H. Long is now president and CEO.Kelly will continue to serve as chairman of the board of Liberty Mutual Holding...
Jul 4 2011 // Private U.S. property/casualty insurers’ net income after taxes dropped to $7.8 billion in first-quarter 2011 from $8.9 billion in first-quarter 2010, with insurers’ annualized rate of return on average...
Jul 4 2011 // Liberty Mutual Group’s Edmund F. Kelly retired from active management of the company on June 28, 2011. David H. Long replaced Kelly as president and CEO. Kelly will continue to serve as chairman of the board of...
Jul 4 2011 // The original criteria and objective definition for Near National insurance carriers was established in the Feb. 12, 2007, issue of Insurance Journal. The Demotech Company Classification System categorizes insurers into one...
Jun 23 2011 // A bulletin from the Insurance Information Institute notes that a recent Casualty Actuarial Society seminar advises actuaries that when it comes to pricing global reinsurance business, it’s important to remember that...
Jun 23 2011 // With reinsurance stocks trading below book value, equity analysts basically agree on the factors affecting these stocks but differ on their outlook on the sector.Property/casualty insurance analysts Meyer Shields, analyst...
Jun 22 2011 // Private U.S. property/casualty insurers’ net income after taxes dropped to $7.8 billion in first-quarter 2011 from $8.9 billion in first-quarter 2010, with insurers’ annualized rate of return on average...
Jun 21 2011 // A.M. Best Co. has downgraded the financial strength rating to A- (Excellent) from A (Excellent) and issuer credit rating to “a-” from “a” of Springfield Fire & Casualty Co. of Springfield, Ill....
Jun 20 2011 // Iowa-based United Fire & Casualty Co. announced new executive appointments and the election of four new directors for full terms on its 12-member board.Denver Regional Office Underwriting Manager Jolene Grow was...