All the headlines from our Casualty Topic Page, ordered by recency.
Apr 8 2022 // There is no longer a need to ponder the “next asbestos” because the current litigation environment and the recent pace of additions to the list of emerging risks and trends in casualty insurance is enough to...
Apr 6 2022 // The AM Best rating firm has revised its outlook for South Carolina-based Greenville Casualty Insurance Co., from positive to stable. The insurer’s financial strength rating remained the same at “B...
Apr 6 2022 // With institutional investors providing the bulk of the capital, RenaissanceRe Holdings has announced the creation of a new joint venture dedicated to casualty and specialty risks.Launched with $475 million of capital, the...
Feb 25 2022 // A Montana jury has awarded $36.5 million in damages to an Oregon man who suffers from lung disease because of exposure to asbestos while working at a vermiculite mine in Libby, a bellwether case that could affect hundreds...
Feb 23 2022 // Ms. Richards states, “It is an honor to serve a carrier so dedicated to fighting for justice on behalf of our insured partners.”Chicago, IL, February 23, 2022 — Rick J. Lindsey, President, CEO and Chairman of...
Feb 17 2022 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI), Marsh and MS Amlin Underwriting Ltd.A summary of these new hires follows here. BHSI Promotes...
Feb 2 2022 // AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Universal Fire & Casualty Insurance Company, headquartered in Waterford,...
Feb 1 2022 // Another Florida property insurer is taking major steps to cut its losses, including suspending the writing of new homeowner policies starting this week – the latest warning sign about the state’s distressed...
Jan 5 2022 // This edition of International People Moves details appointments at Willis Towers Watson, KPMG and Miller.A summary of these new hires follows here. Insurance broker Willis Towers Watson announced the appointment of Chris...
Jan 5 2022 // OLDWICK – JANUARY 05, 2022 – AM Best has upgraded the Financial Strength Rating (FSR) to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “aa-” (Superior)...
Dec 13 2021 // Lezaj to Lead New Zurich Middle Market Complex Casualty UnitZurich North America has created a Complex Casualty unit to support its customers in the upper middle-market segment. Steve Lezaj, a veteran insurance executive,...
Nov 30 2021 // This edition of International People Moves details appointments at the insurer QBE Canada and brokers Amwins Global Risks and Ardonagh Group.A summary of these new hires follows here. QBE Appoints Liberty Mutual’s...
Nov 19 2021 // This edition of International People Moves details appointments at insurer Hiscox, the reinsurance broker Inver Re, and the Lloyd’s managing agency, Blenheim Underwriting.A summary of these new hires follows here....
Nov 17 2021 // This edition of International People Moves covers appointments at Sompo International, AXA XL and OneGlobal Broking.A summary of these new hires follows here. Sompo Int’l Appoints QBE’s Reid as Head of...
Oct 20 2021 // Coverys European Holdings (CEH), a leading underwriting vehicle that invests in speciality managing general agencies in Europe and the UK, announces the expansion of its AEC underwriting agency with the launch of AEC...
Oct 19 2021 // D&O Insurer Tegron Names Tokio Marine’s Shergill as Senior U/WTegron Specialty, the Beat Capital backed D&O underwriting specialist, announced the appointment of Kiran Shergill as senior underwriter. Shergill...
Oct 5 2021 // This edition of International People Moves details appointments at Ed Bermuda, Mosaic Insurance and Berkshire Hathaway Specialty Insurance (BHSI).A summary of these new hires follows here. Ed Bermuda Names Marsh’s...
Oct 5 2021 // Ledger Investing, Inc., a technology-driven marketplace for matching insurance risk to capital markets, announced the closing of Nanorock Fund Ltd., an insurance linked security (ILS) fund focused primarily on investing in...
Sep 29 2021 // AM Best downgraded the Financial Strength Rating to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating to “bb+” (Fair) from “bbb-” (Good) of Casualty Underwriters Insurance Co. in Salt...
Sep 23 2021 // This edition of International People Moves details appointments at the broker Howden and two Lloyd’s insurers: Apollo Syndicate Management and Atrium Underwriting.A summary of these new hires follows here. Howden...