All the headlines from our Casualty Topic Page, ordered by recency.
Jun 1 2007 // The previously announced purchase of Wisconsin-based insurer General Casualty, its U.S. holding company, and sister company Unigard Insurance Group (Bellevue, Wash.) by Australia-based QBE Insurance Group was completed May...
May 21 2007 // United Fire & Casualty Co. has named Randy Ramlo as its new president and chief executive officer. Ramlo, 45, most recently served as the Cedar Rapids-based insurance company’s executive vice president and chief...
May 21 2007 // The late Speaker of the House of Representatives “Tip” O’Neill once said, “All politics is local.” To paraphrase, all insurance is local. This is why a large number of state specialists thrive...
May 21 2007 // 1 Brickstreet Mutual Insurance Co. WV 765,9632 Texas Mutual Insurance Co. TX 743,095 3 Old American Cty Mutual Fire Insurance Co. TX 491,6414 SAIF Corp. OR 449,7945 Universal Property & Casualty...
May 8 2007 // Ratings agency A.M. Best Co. reported that its ratings of Liberty Mutual Insurance Companies in Boston and and its subsidiaries along with those of The Ohio Casualty Corp. of Fairfield, Ohio. remain unchanged following the...
May 7 2007 // Commercial property/casualty premiums for all sizes of accounts dropped sharply during the first quarter of 2007, with indications that insurance companies are starting to loosen underwriting standards and price...
May 7 2007 // Warns falling prices mean profits are at, or are steadily, approaching the cyclical peakAnother report on the insurance industry confirms and details what has been widely acknowledged: a sharp decline in catastrophes in...
May 7 2007 // Commercial property/casualty premiums for all sizes of accounts dropped sharply during the first quarter of 2007, with indications that insurance companies are starting to loosen underwriting standards and price...
May 7 2007 // Another report details property/casualty insurers’ 2006 profitability, escape from stormsWarns falling prices mean profits are at, or are steadily, approaching the cyclical peak Another report on the insurance...
May 3 2007 // The Texas Department of Insurance announced enforcement actions that became final during March include nine license revocations, four license denials and fines and restitution totaling $188,826. Copies of Insurance...
Apr 25 2007 // E.L.M. Insurance Brokers based in El Segundo, Calif., has formed a new commercial package division to be managed by Clancy Johannsen.Johannsen has been with the company for the past six years, five of which have been as a...
Apr 23 2007 // 12-months ending Dec. 31, 2006 versus Dec. 31, 2005 (000 Omitted)DPW $ Change DWP DWP DWP $ DWP %Rank Company Name 12/31/2006 12/31/2005 Change Change1 Lexington Insurance Co. 6,273,352 5,020,961 1,252,391 24.94%2 American...
Apr 19 2007 // McQueary Henry Bowles Troy L.L.P. (MHBT) announced that David Henson has joined its Dallas office as vice president in the property and casualty group.Having spent 20 years in the insurance business, Henson brings a deep...
Apr 18 2007 // Another report on the insurance industry confirms and details what has been widely acknowledged: a sharp decline in catastrophes in 2006 contributed to improved underwriting results for the year.The U.S. property/casualty...
Apr 9 2007 // Dallas-based KMC Insurance Services promoted Warren Lee to vice president of its commercial lines department. Lee focuses on large commercial accounts, specializing in the home building, roofing, real estate development,...
Apr 9 2007 // Seventeen U.S. insurance companies became financially impaired in 2006, despite a respite for property/casualty insurers from two consecutive turbulent hurricane seasons and more diversified asset portfolios among...
Apr 6 2007 // American International Group’s Lexington Insurance Company announced that its London operation has formed a new Casualty Mid Excess unit offering $50 million in capacity.Lexington said: “The unit will focus on...
Apr 3 2007 // Ohio Casualty Group® today has announced its sponsorship of two key projects of the National Association of Professional Insurance Agents (PIA). The company is an official sponsor of the PIA Branding Program, Local Agents...
Mar 27 2007 // Seventeen U.S. insurance companies became financially impaired in 2006, despite a respite for property/casualty insurers from two consecutive turbulent hurricane seasons and more diversified asset portfolios among...
Mar 26 2007 // Willis Group Holdings Ltd. amended the employment agreement with Chairman and CEO Joseph J. Plumeri to extend the term for an additional year. The employment agreement, which was scheduled to expire Oct. 15, 2008, will now...