All the headlines from our Casualty Topic Page, ordered by recency.
Jul 7 2008 // PeopleMcQueary Henry Bowles Troy LLP (MHBT) added Jim Anderson as senior vice president in the Dallas-based firm’s property/casualty group. Anderson will oversee the production and account management of...
Jul 7 2008 // Richmond, Va.-based insurance broker Hilb Rogal & Hobbs Co. promoted F. Michael Crowley to president and chief operating officer.As president, Crowley has been responsible for HRH’s retail operations. In the...
Jun 25 2008 // The U.S. property/casualty insurance industry’s net income after taxes fell to $8.2 billion in first-quarter 2008 from $16.2 billion in first-quarter 2007.Contributing to the $8 billion, or 49.3 percent, decline in...
Jun 23 2008 // Two consecutive years of record earnings in the property and casualty insurance industry driven by lower catastrophe losses and healthy investment returns, along with unforeseen risks brought on by the subprime mortgage...
Jun 16 2008 // Thomas F. Motamed has stepped down as vice chairman and chief operating officer for The Chubb Corp. to become chairman and chief executive officer of CNA Financial Corp., a position he will assume as of June 8,...
Jun 16 2008 // PeopleDallas-based Colemont Insurance Brokers promoted Su Young to vice president in Colemont’s Texas office. Young joined Colemont in 2001 as part of the Texas financial services team and is located in Houston. She...
Jun 16 2008 // Golden Eagle Insurance, a Liberty Mutual Agency Markets regional company, appointed Pete McPartland president and CEO.McPartland comes from General Casualty in Sun Prairie, Wis., where he led insurance operations for QBE...
Jun 16 2008 // While many property/casualty insurers referred to themselves as super regionals, the definition of a super regional insurer remained unclear until the Feb. 12, 2007, issue of Insurance Journal where original criteria and...
Jun 10 2008 // Enforcement actions taken by Texas Insurance Commissioner Mike Geeslin that became final during April 2008 include nine license revocations, two license denials and fines and restitution totaling $771,165. The today...
Jun 5 2008 // Max Specialty Insurance Co., of Richmond, Virginia, the U.S. excess and surplus lines unit of Max Capital Group Ltd., reports it has acquired Commercial Guaranty Casualty Insurance Co., an insurance entity licensed to...
Jun 4 2008 // The Property Casualty Insurers Association of America (PCI) has hired Marguerite Murer as senior vice president of public affairs. Murer has extensive public affairs experience in both the public and private sectors. She...
Jun 2 2008 // Markel Corp.’s Board of Directors elected Anthony F. (Tony) Markel vice chairman and Paul W. Springman president and chief operating officer.Markel served Markel Corp. for more than 40 years, most recently as...
May 21 2008 // Englewood, Colo.-based Colorado Casualty, a Liberty Mutual Agency Markets regional company, is introducing its new commercial lines product portfolio and Web-based underwriting application to agents in Colorado, Nevada,...
May 15 2008 // In preparation for another successful chapter year, the Kansas City Chapter of the CPCU Society (Chartered Property Casualty Underwriters) recently elected its 2008-2009 officers.Beginning May 12, 2008, Bill West, CPCU, of...
May 14 2008 // The Main Street America Group, a regional property/casualty insurer based in Jacksonville, Fla. that writes business up and down the East Coast, is expanding to the Midwest.The insurer said it has agreed to acquire Great...
May 7 2008 // Ohio Casualty, a Liberty Mutual Agency Markets regional company, has opened a new branch office in suburban Richmond to provide commercial lines and inland marine underwriting services for agents in central and southern...
May 5 2008 // Patrick G. Ryan, founder and executive chairman Aon Corp., said he intends to retire Aug. 1, 2008. Ryan said the firm’s transition to a new management team under CEO Greg Case is complete.Ryan founded Aon, which has...
May 5 2008 // Grange Mutual Casualty Co. announced that Randy Montelone will retire at year end after 29 years of service with the company.Tom Welch, current president of Grange Life Insurance Co., a Grange subsidiary, assumes the role...
May 2 2008 // A report from Standard & Poor’s Ratings Services analyzes the catastrophe bond and reinsurance sidecar markets, which, S&P concludes, have “experienced sharp surges of activity after 2005.”...
Apr 25 2008 // Integro announced the hiring of two established brokers who will join the firm’s Casualty practice in London – Andrew Park and Jonathan Bines.Park brings considerable technical knowledge and 25 years broking...