All the headlines from our Casualty Topic Page, ordered by recency.
Dec 4 2005 // The National Alliance for Insurance Education & Research, Austin, Texas, has announced that two outstanding customer service representatives have received its National Outstanding CSR of the Year Award for 2005:...
Nov 23 2005 // Jackson-based Mississippi Farm Bureau Mutual Insurance has announced that the strain of paying $450 million in claims after Hurricane Katrina has caused the company to cease writing policies in the state and transfer...
Nov 18 2005 // The Directors of Ohio Casualty Corporation declared a regular quarterly dividend of $.06 per share, payable Dec. 12, 2005, to shareholders of record on Dec. 1, 2005. Ohio Casualty Corporation, based in Fairfield, Ohio, is...
Nov 18 2005 // Paul Braithwaite, managing director at Navigant Consulting, has been elected as president of the Casualty Actuarial Society, and Thomas G. Myers, vice president, product management for High Point Safety and Insurance...
Nov 11 2005 // General Casualty recently promoted Paul Schulte and Rick Wittmann at its Sun Prairie, Wis., headquarters. Schulte was promoted to senior vice president of General Casualty’s personal lines department following a...
Nov 6 2005 // ACE USA announced two appointments in its ACE Casualty Risk Unit. William Hazelton has joined as senior vice president and underwriting manager for ACE Environ-mental Risk, and Mitchell Schmidt is now senior vice president...
Nov 3 2005 // Property casualty insurance industry results should be relatively strong from 2005 through 2007, despite 2005’s hurricane activity and an increasingly competitive market, according to a new report by Conning Research...
Oct 26 2005 // Ohio Casualty Corp. y reported a higher profit in the quarter ended Sept. 30.The company announced $55.5 million in net income, or 85 cents per diluted share, in the third quarter, compared with $19.6 million, or 30 cents...
Oct 19 2005 // For the second time in less than a year, Wisconsin-based General Casualty and its employees answered a call for financial help, donating more than $42,000 this week to the American Red Cross Response Fund in support of...
Oct 19 2005 // Hurricane Wilma, with a barometric pressure of 882 mb, is now the most intense hurricane on record in the Atlantic Basin.After rapid intensification Tuesday night, Wilma is now a potentially catastrophic Category 5...
Oct 17 2005 // The U.S. property/casualty industry recorded an underwriting profit of $13.2 billion during the first six months of 2005, a substantial gain from the record results posted during the comparable period of 2004, according to...
Oct 17 2005 // Willis Group Holdings has appointed Vincent D. Liotta as executive vice president and production director of the Willis Re U.S. Specialty Practice. Earlier this year Willis Re merged its Global Marine, Aviation, Retro and...
Oct 13 2005 // Ohio Casualty Corporation announced that it estimates total net catastrophe losses for third quarter 2005 to be approximately $11.6 million after-tax. Approximately $9.8 million of the estimated catastrophe losses are...
Oct 11 2005 // The Internal Revenue Service is advising taxpayers who suffered casualty or theft losses as a result of Hurricane Katrina about a recent change to the tax law. A new provision lifts certain loss limitations for Hurricane...
Oct 10 2005 // AIG Excess Casualty, a division of American Home Assurance Company, a member company of American International Group Inc., introduced xsInResponse, a new product that provides excess liability coverage for risks previously...
Oct 3 2005 // Nuts & Bolts: General Casualty Ins. Cos. enhanced their commercial coverages and capacity becoming a market for additional manufacturing lines of business. The Sun Prairie, Wis.-based property and casualty insurer is...
Oct 3 2005 // Westfield Insurance has named Robert Testa executive, personal lines sales. In this capacity, he oversees employees in five states responsible for new personal lines business.Testa began his career at Westfield in 1991 and...
Sep 12 2005 // “The one-two punch of insurance payouts and share price losses following a major earthquake in Tokyo would not immediately jeopardize insurance companies’ ability to pay claims, but could have a negative impact...
Sep 5 2005 // At press time, forecasters were predicting insured losses from Hurricane Katrina–which made landfall 45 miles west of Biloxi, Miss., and 35 miles east of New Orleans on Aug. 29–would be in the $10 billion to...
Sep 5 2005 // AVRECO, a wholesale insurance brokerage based in Chicago, has announced the appointment of Marcia Gloppe as an underwriter in the professional liability underwriting department, headed by Linda Deiss.Gloppe began her...