All the headlines from our Casualty Topic Page, ordered by recency.
Feb 9 2007 // North Carolina Insurance Commissioner Jim Long announced that an emergency cease and desist order was served on Continental Casualty Insurance Group, a company his department believes has targeted property owners in...
Jan 31 2007 // Washington’s Office of the Insurance Commissioner has ordered UnitedHealthcare Insurance Co. of Minneapolis to pay a $59,000 fine following an agency investigation into the company’s use of unapproved contracts...
Jan 29 2007 // Providence Property & Casualty Insurance Company, which provides workers’ compensation insurance to Professional Employer Organizations (PEOs), has appointed Stephen (Steve) A. Gober as vice president,...
Jan 24 2007 // Golden Eagle Insurance and Colorado Casualty, both members of Liberty Mutual Group, are now providing Online Billing Service Centers to allow customers to make online payments and view their account summaries and payment...
Jan 23 2007 // As excitement over the Super Bowl builds, property casualty insurance professionals are anticipating their own “super” day: Monday, February 12.That’s the date when Insurance Journal magazine, in...
Jan 22 2007 // Maitland, Fla.-based insurance company Vanguard Fire & Casualty Co. agreed to be placed under state control last Friday, following its announcement earlier this month that it wouldn’t continue writing policies...
Jan 15 2007 // Property/casualty insurers should be able to build on the momentum of 2006 to deliver another profitable year in 2007 if they maintain discipline on price, a group of industry observers told insurance executives attending...
Jan 11 2007 // Leaders of the property/casualty insurance industry expect Congress to extend the Terrorism Risk and Insurance Act in 2007, according to a survey conducted by the Insurance Information Institute (I.I.I.) at its 11th annual...
Jan 9 2007 // Standard & Poor’s Ratings Services said it withdrew its ‘A-‘ counterparty credit and financial strength ratings on 13 insurance subsidiaries of CNA Financial Corp. (NYSE:CNA). This action follows the...
Jan 8 2007 // Colorado Casualty, a member of Liberty Mutual Group, recently hosted a 25th anniversary celebration with 140 employees and more than 100 appointed agents in attendance.The company also announced it would be expanding its...
Jan 8 2007 // National consumer organizations joined the Consumer Federation of America (CFA) today in Washington D.C. to release a new study concluding that the property/casualty insurance industry (which includes the nation’s...
Jan 8 2007 // Reinsurance rates for the property casualty industry are falling or flat, except for insurers with major property wind exposure along the Gulf and East Coasts in the U.S., whose rates are still rising.That is one key...
Jan 8 2007 // P/C industry posts $24.4 billion net gain on underwriting in first three quarters of 2006Driven by a sharp decline in catastrophe losses from hurricanes and other natural disasters in 2006, the U.S. property/casualty...
Jan 7 2007 // News CurrentsDriven by a sharp decline in catastrophe losses from hurricanes and other natural disasters in 2006, the U.S. property/casualty industry posted a $24.4 billion net gain on underwriting through nine months. The...
Jan 5 2007 // In separate announcements, Australia’s QBE Group and France’s AXA SA said they have reached an agreement for QBE to acquire Winterthur’s US operations, principally General Casualty and Unigard, for...
Jan 5 2007 // Sun Prairie,Wis.-based insurer General Casualty, its U.S. holding company and sister company Unigard Insurance Group in Bellevue, Wash., are being acquired by Australia-based QBE Insurance Group in an agreement with...
Jan 2 2007 // Reinsurance rates for the property casualty industry are falling or flat, except for insurers with major property wind exposure along the Gulf and East Coasts in the U.S., whose rates are still rising.That is one key...
Dec 27 2006 // Driven by a sharp decline in catastrophe losses from hurricanes and other natural disasters in 2006, the U.S. property/casualty industry posted a $24.4 billion net gain on underwriting through nine months. The net gain on...
Dec 27 2006 // In addition to assigning a ‘stable’ outlook for 2007, A.M. Best Co. awarded Star Casualty Insurance Co. of Coral Gables an initial rating of B++. Star Casualty is a domestic property and casualty company that...
Dec 26 2006 // White Mountains Re Group, Ltd., announced from its Bermuda headquarters that its wholly-owned subsidiary, Folksamerica Reinsurance Company, has completed its acquisition of Mutual Service Casualty Insurance Company, a...