All the headlines from our Casualty Topic Page, ordered by recency.
Sep 6 2021 // Bermuda’s Vantage Group Holdings Ltd. is introducing new product offerings in healthcare and excess casualty.Vantage was established in late 2020 and began writing reinsurance risk on January 1, 2021, through its...
Aug 20 2021 // Insurance broker Willis Towers Watson announced that Kate Mead is the new head of its Canadian property/casualty broking team.Previously Willis Towers Watson’s practice leader for the Midwest, Northeast U.S. &...
Aug 18 2021 // Swiss Re announced changes in the leadership of its Reinsurance Business Unit. Effective Jan. 1, 2022, Jason Richards will become country president and CEO UK & Ireland. He will be succeeded by Julie Stephenson as...
Aug 10 2021 // This post is part of a series sponsored by TransUnion.Credit-based insurance risk scores draw from credit data to more accurately assess consumer risk and improve the underwriting process Today, credit-based insurance...
Aug 10 2021 // Noting the passage in the 87th Legislature of Senate Bill 1367, which made changes to certain lines of insurance, the Texas Department of Insurance has outlined the changes that are effective for an insurance policy that...
Aug 5 2021 // This edition of International People Moves covers two promotions at the insurer Fidelis and a new hire at broker OneGlobal in Bermuda.A summary of these appointments follows here. Fidelis, the Bermuda-based insurer, has...
Aug 3 2021 // This edition of International People Moves covers London-based appointments at three managing general agents: Ensurance, Occam and Aqueous Underwriting.A summary of these new hires follows here. MGA Ensurance Hires...
Jul 29 2021 // Bruce Bahn joined Risk Placement Services (RPS) in Rolling Meadows, Ill., as the vice president of business and product development.In this new position, Bahn will be responsible for leading the firm’s new product...
Jul 26 2021 // This edition of International People Moves covers appointments at London-based broker Howden Reinsurance and Berkley Re Australia.A summary of these new hires follows here. Howden Reinsurance, part of international...
Jul 21 2021 // Casualty is proving its value as a good diversifier for reinsurers, especially given the positive primary rate movement seen in recent years, according to an Aon report.The combination of challenged property experience,...
Jul 5 2021 // In order to continue the discussion regarding what constitutes a Super Regional P/C Insurer™ and to give definition to this important group of insurers, Demotech Inc. analyzed year-end 2020 data for property/casualty...
Jun 22 2021 // AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a-” (Excellent) from “bbb+” (Good) of Illinois...
Jun 22 2021 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has launched Energy and Technical Lines Casualty products in the UK and established a dedicated London-based Energy & Technical Lines underwriting team.The...
Jun 11 2021 // AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of The Gray Casualty...
Jun 7 2021 // There are many segments in the education insurance market ranging from large colleges and universities to smaller K-12 campuses, but when it comes to casualty risks the exposures are largely the same, said Mark Turkalo,...
May 28 2021 // AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb” (Good) of First American Property & Casualty Insurance Co. and First American Specialty...
Apr 19 2021 // Helix Underwriting Partners Ltd., the Bermuda-based managing general agency, has expanded its agency platform into the excess casualty insurance segment.The move will see Tim Hadler join as chief underwriting officer to...
Apr 16 2021 // Seven insurance company impairments were identified in the U.S. property/casualty industry in 2020, with five of the seven involving auto insurers, according to an AM Best special report.Last year’s number was an...
Apr 14 2021 // Roach Howard Smith & Barton Dallas-based independent insurance broker Roach Howard Smith & Barton (RHSB) has promoted Shellie Croy to vice president of Property and Casualty Operations. She has been with RHSB since...
Apr 5 2021 // Kemper Corp. has closed its previously announced acquisition of Downers Grove, Illinois-based American Access Casualty Co. and its related captive insurance agency, Newins Insurance Agency Holdings LLC, and its...