All the headlines from our Casualty Topic Page, ordered by recency.
Jan 8 2004 // Alabama-based Infinity Property and Casualty Corporation, a provider of personal automobile insurance with an emphasis on nonstandard auto insurance, announced that the underwriters of its recent secondary offering have...
Jan 7 2004 // Fitch Ratings has affirmed the ‘BBB+’ long-term issuer ratings of American Financial Group Inc. (AFG) and its subsidiaries American Premier Underwriters Inc. (APU) and Great American Financial Resources Inc....
Dec 29 2003 // Standard & Poor’s affirmed its ‘BBB+’ counterparty credit rating on W. R. Berkley Corp. At the same time, Standard & Poor’s affirmed its ‘A+’ counterparty credit and financial...
Dec 22 2003 // Ohio Casualty Corporation announced that Myra C. Selby, 48, of Indianapolis, Ind., has resigned from its Board of Directors, effective Friday, Dec. 19. The bulletin explained that, “Ms. Selby, who was named a...
Dec 15 2003 // Alabama-based Infinity Property and Casualty Corporation, a national provider of personal automobile insurance with an emphasis on non-standard auto insurance, announced that the secondary offering of 7,850,465 shares of...
Dec 15 2003 // Except for the future of insurance regulation, there was surprising unanimity on leading issues facing the property and casualty insurance industry among both panelists and guests at the Fifteenth Annual Executive...
Dec 15 2003 // Except for the future of insurance regulation, there was surprising unanimity on leading issues facing the property and casualty insurance industry among both panelists and guests at the Fifteenth Annual Executive...
Dec 9 2003 // A.M. Best Co. has affirmed Cincinnati-based Ohio Casualty Group’s financial strength rating of “A-” (excellent).Best also affirmed the debt rating of “bbb-” of Ohio Casualty Corp.’s...
Nov 28 2003 // Chattem, Inc., a marketer and manufacturer of branded consumer products, announced that Interstate Fire & Casualty Company (“Interstate”) has filed a motion to intervene as a party plaintiff in the...
Nov 28 2003 // Standard & Poor’s Ratings Services announced that it has affirmed its ‘BBBpi’ counterparty credit and financial strength ratings on Pennsylvania National Mutual Casualty Insurance Co. and its wholly...
Nov 24 2003 // Colonial Properties Trust announced that Alabama-based Infinity Property and Casualty Corporation will relocate its corporate headquarters to Colonial Center at Colonnade on or prior to April 1, 2005. Infinity Insurance...
Nov 20 2003 // Fairfield, Ohio-based Ohio Casualty Group (OCG) has announced that real-time billing and claim inquiries are now available to its independent agencies through TransactNOW from AMS Services Inc. TransactNOW was introduced...
Nov 19 2003 // Fitch Ratings has placed the ‘AA’ Insurer Financial Strength (IFS) ratings of the members of the Travelers Property Casualty Group (Travelers) and the ‘A’ senior debt and long-term issuer ratings of...
Nov 7 2003 // Fairfield-based insurer Ohio Casualty Corp posted a third-quarter profit of $17.2 million, or 28 cents per diluted share, compared with a year-ago net loss of $69.9 million, or $1.15 per diluted share. Across all lines,...
Oct 28 2003 // Safeco – which recently announced a clear focus on Property & Casualty insurance – reported strong third-quarter underwriting results in most insurance lines.“We generated healthy underwriting...
Oct 28 2003 // Alabama-based Infinity Property and Casualty Corporation, a provider of personal automobile insurance with an emphasis on nonstandard auto insurance, reported net earnings for the third quarter of $15.0 million or $0.72...
Oct 20 2003 // The property/casualty insurance industry reported a statutory rate of return of 9.7 percent in the first half of 2003, up from a disappointing 1.0 percent in 2002 and the worst-ever negative 2.4 percent recorded in 2001....
Oct 20 2003 // The notice condition in general liability policies requires that the insured provide the insurer with timely notice of any potential occurrence and the receipt of suit papers. Failure to give proper notice of either of...
Oct 17 2003 // Bermuda’s XL Re Ltd. announced that Mr. Dieter Kohl has been appointed to the new position of Senior Vice President and continental European Casualty Manager.He will be based in London, reporting to David J. Watson,...
Oct 15 2003 // ACE Casualty Risk, a division of ACE USA, announced the launch of ACE TankSafe(SM), a web-based underwriting facility that enables contracted brokers to conduct automated underwriting transactions from submission to...