All the headlines from our Casualty Topic Page, ordered by recency.
Dec 16 2008 // After-tax profits for the U.S. property and casualty industry through the first nine months of the year were $4.1 billion — a 91.8 percent decline from the $50 billion in profits earned the same period a year ago,...
Dec 9 2008 // Fairfield, Ohio-based Ohio Casualty, a Liberty Mutual Agency Markets regional company, is teaming with The National Alliance for Insurance Education & Research to offer its Certified School Risk Managers (CSRM)...
Nov 30 2008 // Willis Group Holdings appointed Phillip Ellis leader of a new division focused on growing the company’s Enterprise Risk Management business for Willis’ Global Retail and Specialty teams. He was most recently...
Nov 21 2008 // Safeco Insurance and Ohio Casualty, both Liberty Mutual Agency Markets companies, recently announced key management appointments to lead their respective personal and commercial lines operations in their Mid-Atlantic...
Nov 19 2008 // Safeco Insurance and Colorado Casualty, both Liberty Mutual Agency Markets companies, announced key management appointments to lead their respective personal and commercial lines operations in their Mountain...
Nov 18 2008 // An insurance company doesn’t want to pay for any civil damages resulting from the collapse at Crandall Canyon in Utah that killed six coal miners and some of the rescuers who tried to save them.Hartford Casualty...
Nov 18 2008 // With displaced residents of the Southern California fires now returning to their neighborhoods, several home and business owners are now finding themselves facing dozens of questions before they rebuild.To help navigate...
Nov 17 2008 // Swett & Crawford, a wholesale broker of commercial insurance, has appointed Bob Markese vice president of casualty in its Los Angeles office. Before joining Swett & Crawford, Markese worked with Worldwide...
Nov 16 2008 // Back in January, when Mike Chaney was getting ready to be sworn in as Mississippi insurance commissioner after his November victory at the polls, he had to do more than just show up. “[T]hey told me, to be sworn in,...
Nov 16 2008 // The Texas Surplus Lines Association Inc. elected new officers and directors at its 52nd annual meeting held Nov. 3, 2008, at the Four Seasons Hotel in Austin.The new officers are: President Paul Rainey, president of RSI...
Nov 3 2008 // Valiant Insurance Group, Inc. announced two new hires for its Casualty Division. Ted Nienburg is vice president for Casualty and Michael A. Vita is assistant vice president for Excess Casualty. Both will be located in New...
Nov 2 2008 // Risk managers report that commercial policy renewal prices are continuing to drop even as insurers are battling a decline in statutory surplus.According to RIMS Benchmark Survey, an industry survey of policy renewal prices...
Nov 2 2008 // Following reports that the U.S Treasury is considering adding life, bond and mortgage insurance companies to its list of beneficiaries for some of the $700 billion federal bailout package, property/ casualty insurers are...
Oct 28 2008 // Chartered Property Casualty Underwriters Society (CPCU) chapters in the greater Los Angeles area — Los Angeles, El Camino and San Gabriel Valley — recently celebrated 63 years of professional excellence at the...
Oct 28 2008 // Zurich North America has named Kevin Whitehead to head its Excess Casualty unit. In this role, he will lead Excess Casualty operations across the United States, with oversight for 11 offices.Whitehead brings more than 20...
Oct 28 2008 // Property/casualty insurers Travelers Cos. Inc. and Chubb Corp. said they do not need federal financial assistance and chided other insurers pushing to be included in the $700 billion bailout.“Most companies in the...
Oct 27 2008 // The nation’s seventh largest commercial lines insurer, CNA Financial Corp., reported a $331 million net loss for the third quarter chiefly due to catastrophe claims and investment losses and said it will receive...
Oct 27 2008 // Reserving for mortgage insurance and title insurance in an economic downturn and amid a stressed real estate market can present challenges for insurers and actuaries, attendees at the Casualty Loss Reserve Seminar were...
Oct 27 2008 // Following reports that the U.S Treasury is considering adding life, bond and mortgage insurance companies to its list of beneficiaries for some of the $700 billion federal bailout package, property/casualty insurers are...
Oct 22 2008 // AIG Excess Casualty ®, a unit of AIG Commercial Insurance, announced that it is offering an endorsement to its commercial umbrella policy to help U.S. banks operating overseas meet Basel II requirements.“Basel...