All the headlines from our Casualty Topic Page, ordered by recency.
Jan 27 2011 // The Atlantic Casualty Insurance Co., a member of the Strickland Insurance Group, has tapped Lawrence F. (Larry) McAuliffe to serve as the North Carolina-based company’s new vice president of claims. McAuliffe...
Jan 24 2011 // Florida’s workers’ compensation market remains competitive with more than 250 private insurers writing coverage and only a fraction of business being funneled to the residual market.Also, availability does not...
Jan 20 2011 // Managing general agency J.M. Wilson has added Katie Lombardo as a property/casualty underwriter in its Arlington Heights, Ill., office.Lombardo will review, quote, bind and service commercial P/C accounts for the...
Jan 10 2011 // American International Group has negotiated a $450 million settlement with seven of its competitors in the protracted litigation over its questionable reporting of workers’ compensation premiums.But the long-running...
Jan 5 2011 // Florida’s workers’ compensation market remains competitive with more than 250 private insurers writing coverage and only a fraction of business being funneled to the residual market.Also, availability does not...
Dec 21 2010 // Ullico Casualty Group Inc., a wholly-owned subsidiary of Ullico Inc., has increased its fiduciary liability insurance limits from $15 million to $25 million, effective immediately. Limits are available on a primary or...
Dec 14 2010 // Zurich has promoted Brian Winters to head of Casualty for its Global Corporate in North America (GCiNA) business. Winters was previously head of Casualty for GCiNA’s Northeast Region. In his new role, he will be...
Dec 14 2010 // Insurer XL has made eight new appointments to its North American Construction team.Gregory P. McKiernan will serve as senior vice president of Construction Primary Casualty, based in New York. He most recently served as...
Dec 13 2010 // The Illinois Department of Insurance announced it issued the following disciplinary orders for November 2010:Adele M. Cowell, Red Bud – Stipulation and Consent Order, effective Oct. 6, 2010. Cowell has been licensed...
Dec 10 2010 // Heffernan Insurance Brokers has added Melodie Hight in its Portland, Ore., office as a producer in Commercial Property and Casualty Insurance. Hight has more than 20 years in commercial property and casualty insurance. She...
Dec 5 2010 // Frost Insurance in Austin, Texas promoted Sheri Smyth to vice president of personal lines. Smyth, a 23-year insurance industry veteran, manages the personal lines department’s growth and retention efforts, and...
Dec 5 2010 // The California Department of Insurance is delaying for six months the implementation of a new licensing requirement for fire and casualty licensees that want to sell health insurance.AB 2782 would have required existing...
Dec 2 2010 // Baton Rouge, La.-based workers’ compensation insurer Retailers Casualty Insurance Co. announced it will begin offering workers’ compensation coverage in Texas.Retailers Casualty, which is managed by Summit...
Dec 1 2010 // A.M. Best Co. has upgraded the financial strength rating (FSR) to B++ (Good) from B+ (Good) and issuer credit rating (ICR) to “bbb” from “bbb-” of 1st Auto & Casualty Insurance Company (1st...
Nov 24 2010 // The California Department of Insurance is delaying for six months the implementation of a new licensing requirement for fire and casualty licensees that want to sell health insurance. AB 2782 would have required existing...
Nov 19 2010 // C. V. Starr & Co., Inc. announced the appointment of Rainer Breeck in Germany as Head of Casualty for Starr Casualty, a division of Starr Underwriting Agents, Ltd., and a wholly owned subsidiary of C.V. Starr.The...
Nov 19 2010 // A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from ‘A’ (Excellent) and issuer credit ratings (ICR) to “aa-” from “a+” of the U.S....
Nov 18 2010 // The U.S. property and casualty industry continued to experience modest growth in premiums written while essentially breaking even on underwriting with a calendar year combined ratio of approximately 100 percent, according...
Nov 15 2010 // With organic growth difficult in the current economy and soft market, there could be an increase in insurance industry merger and acquisition activity over the next 12 to 18 months, according to mergers and acquisitions...
Nov 11 2010 // Illinois Department of Insurance Director of Insurance Michael T. McRaith has issued the following disciplinary orders for September and October 2010:Shango D. Johnson, Chicago – Insurance producer license suspended...