All the headlines from our Casualty Topic Page, ordered by recency.
Apr 11 2003 // Ace Westchester Specialty Group, a division of Ace USA Inc., has announced the opening of its new Chicago casualty office. The office, at 525 W. Monroe St., will underwrite primary general liability umbrella and high...
Apr 7 2003 // ACE Casualty Risk announced that it would provide broader product and service solutions for the environmental risk market through its environmental underwriting unit–ACE Environmental Risk (AER).The expanded...
Apr 7 2003 // Ohio Casualty Corp will Webcast its annual shareholder meeting. The meeting will be held at 10:30 a.m., April 16, in the Ohio Casualty University Auditorium at the company’s Fairfield, Ohio, corporate headquarters,...
Apr 7 2003 // Following the property/casualty industry’s net loss after taxes in 2001, many analysts predicted 2002 would be the year of recovery.In fact, strong premium growth and sharply lower catastrophe losses did lead to...
Apr 7 2003 // Following the property/casualty industry’s net loss after taxes in 2001, many analysts predicted 2002 would be the year of recovery.In fact, strong premium growth and sharply lower catastrophe losses did lead to...
Apr 1 2003 // The member companies of Ohio Casualty Group (OCG) are installing Mitchell International Inc.’s Web-based claims workflow solution for auto physical damage claims. OCG’s choice, part of the eMitchell solutions...
Apr 1 2003 // A.M. Best Co. said it downgraded the financial strength rating to “B” (Fair) from “B+” (Very Good) of the property/casualty affiliates of Birmingham, Ala.-based Vesta Insurance Group. Additionally,...
Mar 25 2003 // Standard & Poor’s Ratings Services said today that it affirmed its “BBB+” counterparty credit rating on Illinois-based Horace Mann Educator Corp. based on its strong financial position and the...
Mar 24 2003 // Have we finally arrived at the point where the economy is a critical factor in personal automobile insurance?Not quite but it is my opinion that we are closing in. Although insurance company annual statements do not...
Mar 24 2003 // Have we finally arrived at the point where the economy is a critical factor in personal automobile insurance? Not quite, but it is my opinion that we are closing in. Although insurance company annual statements do not...
Mar 24 2003 // New state laws concerning workers’ compensation and automobile insurance make up the majority of the property/casualty-related insurance laws enacted by state legislatures last year, according to an analysis of...
Mar 14 2003 // Standard & Poor’s has assigned its ‘R’ financial strength rating to Washington Casualty Co. upon its placement into receivership by Thurston County Superior Court.“This rating action follows...
Feb 24 2003 // Ohio Casualty Corp. has laid off 87 claims staffers, which the company says will save $1.8 million this year and $4 million annually thereafter. The Fairfield, Ohio, insurer says the cuts will not affect claims service...
Feb 24 2003 // In some respects, the world of employee benefits seems to be on a roll. The Indepen-dent Insurance Agents & Brokers Association (IIABA) reports that about 26 percent of the U.S. agencies examined in its “2002...
Feb 24 2003 // In some respects, the world of employee benefits seems to be on a roll. The Indepen-dent Insurance Agents & Brokers Association (IIABA) reports that about 26 percent of the U.S. agencies examined in its “2002...
Feb 21 2003 // Ohio Casualty Group (OCG) agents using Applied Agency Management Systems will now have access to Policy Loss Run Reports available through IVANS Transformation Station. The Loss Run Reports also will be accessible through...
Feb 10 2003 // Horace Mann Educators Corp., based in Springfield, Ill., today reported net income of $13.5 million, or 33 cents per share, for the fourth quarter, up from $4.8 million, or 12 cents per share, for the year-earlier quarter....
Feb 10 2003 // The property and casualty industry is well into a rebound from the terrorist attacks of Sept. 11, 2001, with premiums increasing aggressively for more than a year, a trend that will certainly continue throughout 2003 and...
Feb 6 2003 // Ohio Casualty Corp. reported lower quarterly profit as it took lower gains from investments, but it beat analysts’ forecasts as premium prices rose.The Fairfield, Ohio-based property/casualty insurer reported...
Jan 22 2003 // Standard & Poor’s has revised its financial strength rating on Casualty Reciprocal Exchange (CRE) and Equity Mutual Insurance Co. (EMI) to ‘R’ from ‘CCCpi’ after a county court judge...