Latest Casualty Headlines

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

Property/Casualty Industry’s Earnings Down 87% in Q1

Jul 20 2009 // The U.S. property/casualty industry’s net income fell 87 percent to $1.2 billion in the first three months of 2009, according to A.M. Best.“The year-over-year decline in earnings was due primarily to the severe...

Ohio Casualty Introduces Commercial Fleet Management System

Jul 17 2009 // Fairfield, Ohio-based Ohio Casualty, a Liberty Mutual Agency Markets regional company, has introduced Onboard Advisor, a fleet management system that helps companies increase commercial fleet safety and productivity, save...

San Diego Chartered Property Casualty Underwriters Society Installs Officers

Jul 15 2009 // The San Diego Chapter of the Chartered Property Casualty Underwriters (CPCU) Society installed new 2009-2010 officers and directors. Officers include: President Tyler Hamilton of Alliant Specialty Insurance Services;...

State Auto: How a Regional Carrier Weathers the Storms

Jul 6 2009 // Regional property/casualty insurance companies don’t make headlines like the large institutions. They simply go about their business serving customers and independent agents — and paying claims.How are regional...

Indiana, Missouri Ban New Business from Universal Casualty

Jul 6 2009 // Indiana ordered Elk Grove Village, Ill.-based auto insurer Universal Casualty Company (UCC) to stop writing new policies in the state until the company can demonstrate “improved business practices,” according...

People

Jul 6 2009 // Jeffrey A. Vanderpool has been promoted to senior vice president and chief claims officer at Sunshine State Insurance Co. in St. Augustine, Fla. Vanderpool has served as vice president of caims since he joined the insurer...

2009 Near National P/C Insurers

Jul 6 2009 // 2009 Near National P/C Insurers Company Name 2009 Demotech Company Classification 2008 Demotech Company Classification 2007 Demotech Company Classification Affiliated FM Insurance Co. Near National Near National Near...

Congress Told New Consumer Agency Not Needed for P/C Insurance

Jun 25 2009 // There is no need for a federal consumer protection agency for property/casualty insurance products, state insurance regulators and insurers told Congress.In testimony before the House Committee of Financial Services on a...

Indiana Joins Missouri in Banning New Business from Universal Casualty

Jun 19 2009 // Indiana has ordered Elk Grove Village, Ill.-based auto insurance company Universal Casualty Company (UCC) to stop writing new policies in the state until the company can demonstrate “improved business...

Obama Insurance Views Mirror Those of P/C Agents, Insurers, Regulators

Jun 17 2009 // The Obama administration’s views on insurance regulation are in keeping with those of many within the property/casualty insurance industry as well as state regulators who now regulate the industry.Most in the...

Pressure Is On to Catch a Few Bad Apples

Jun 15 2009 // Those who track insurance criminals for a living say that as the economy has worsened, insurance fraud has been on the rise — and they are on the alert for any jump in fraud by property/casualty agents and...

How Actuaries Help P/C Insurers Navigate Uncertain Markets

Jun 11 2009 // Property/casualty insurers and reinsurers rely more than ever on the expertise of actuaries at a point in the cycle when the market is neither softening nor hardening, attendees at the CAS Seminar on Reinsurance were told...

Ohio’s State Auto Announces New Management Positions

Jun 11 2009 // Columbus, Ohio-based State Automobile Mutual Insurance Company and State Auto Property & Casualty Insurance Company have announced new managers in various divisions.Robert (Bob) A. Bachtell is claim manager for State...

Chartered Property Casualty Underwriters Society Chapter Elects Officers

Jun 4 2009 // The San Gabriel Valley, Calif., Chapter of the Chartered Property Casualty Underwriters Society recently elected its 2009-2010 officers. The chapter services about 100 members who live or work in the San Gabriel Valley and...

State Auto: How a Regional Carrier Weathers the Storms

Jun 1 2009 // Regional property/casualty insurance companies don’t make headlines like the large institutions. They simply go about their business serving customers and independent agents— and paying claims. How are regional...

State Auto: How a Regional Carrier Weathers the Storms

Jun 1 2009 // Regional property/casualty insurance companies don’t make headlines like the large institutions. They simply go about their business serving customers and independent agents — and paying claims. How are...

United Fire & Casualty Reports Appointments, Rife’s Retirement

May 21 2009 // Cedar Rapids, Iowa-based United Fire & Casualty Company announced that four directors have been elected for full terms on the company’s 13-member board, Brad M. Sayre was appointed an assistant vice president,...

Top 100 Profile: Locked into the Customer at No. 1 Lockton

May 14 2009 // As Insurance Journal prepares for another Top 100 Independent Property/Casualty Agency List, to be published in our Aug. 3, 2009, magazine, the editors wanted to highlight a few of the current Top 100 agencies. Throughout...

Conning Study Examines P/C Insurance Industry Outsourcing

May 5 2009 // A new study by Conning Research and Consulting notes that the “property-casualty industry has been offshoring business processes since the Y2K fixes of the late 1990s, and a combination of continuing expense...

2009 Super Regional P/C Insurers™

May 4 2009 // The original criteria and objective definition for Super Regional P/C Insurers™ were established in the Feb. 12, 2007 issue of Insurance Journal. Prior to the establishment of an industry-wide definition, a number of...