Casualty Insurance Group

EMC Insurance Group Inc. Comments on Financial Ratio Information Released by Its Parent Company, Employers Mutual Casualty Company

February 5th, 2009

Employers Mutual Casualty Company (Employers Mutual), the parent company of EMC Insurance Group Inc. announced to its employees that the statutory combined trade ratio of the EMC Insurance Companies for the year ended December 31, 2008 was 109.8 percent. This announcement was made in conjunction with a company-wide disclosure of the results of Employers Mutual’s [...]

Jenkins Insurance Group Welcomes Scott W. Reynolds

July 14th, 2009

enkins Insurance Group, a Leavitt Group affiliated agency, is pleased to announce the hiring of Scott W. Reynolds as a Vice President. Scott will lead Jenkins’ new Energy Practice with a focus on the Renewable Energy industry.
Reynolds has been in the insurance industry for 28 years with extensive experience in the Energy field. He was [...]

ICW Group Insurance Now Offers Workers’ Compensation in Illinois

July 10th, 2009

ICW Group Insurance Companies, which partners with 3,800 agents and brokers across the United States, is now offering workers’ compensation insurance in the state of Illinois.
The super-regional carrier’s industry-leading claims services and forward-thinking risk management has helped thousands of companies create a safe and productive work environment, while lowering the costs associated with workers’ compensation [...]

Ward Group Identifies 2009 Ward’s 50 Top Performing Insurance Companies

July 10th, 2009

The list of Ward’s 50 top performing insurance companies was released by Ward Group, an operational consulting firm and leading provider of benchmarking and best practices services to the insurance industry.
Annually, Ward Group analyzes the financial performance of over 3,100 property-casualty insurance companies and over 800 life-health insurance companies domiciled in the United States and [...]

Selective Insurance Group, Inc. Plans Conference Call on 4th Quarter 2008 Results Thursday, January 29, 2009, at 8:30 a.m. ET (7:30 CT)

January 8th, 2009

Selective Insurance Group, Inc. plans to hold a conference call on January 29, 2009 at 8:30 a.m. (ET), to discuss fourth quarter 2008 results. Selective plans to release its results after the market close on January 28, 2009.
This call is being webcast by CCBN and can be accessed at Selective’s website at www.selective.com. A supplemental [...]

AIG Commercial Insurance Streamlines Casualty Insurance for Public Entities Through Lexington Insurance Company

January 6th, 2009

AIG Commercial Insurance, announced that it will service all casualty insurance coverage for the public sector through its Lexington Insurance Company unit. Specifically, effective as of January 1, 2009, Lexington’s Casualty Division will manage the public entity commercial umbrella and excess casualty portfolio of AIG Specialty Excess, a division of AIG Excess Casualty, which along [...]

The Hanover Insurance Group Completes the Sale of Its Remaining Run-Off Life Insurance Business

January 2nd, 2009

The Hanover Insurance Group, Inc.reported today that it has completed the previously announced sale of its remaining run-off life insurance business, First Allmerica Financial Life Insurance Company (FAFLIC), to Commonwealth Annuity and Life Insurance Company, a Goldman Sachs company.
“We are very pleased to complete the divestiture of our run-off life business, concluding a process that [...]

A.M. Best Assigns Ratings to Waco Fire and Casualty Insurance Company

November 26th, 2008

A.M. Best Co. has assigned a financial strength rating (FSR) of B+ (Good) and an issuer credit rating (ICR) of “bbb-” to Waco Fire and Casualty Insurance Company (Waco) (Atlanta, GA). The outlook assigned to both ratings is stable.
The ratings and outlook reflect Waco’s solid risk-adjusted capitalization and management’s near-term projections, which call for continued [...]

Hudson Insurance Group Announces Start Date for Hudson Environmental Products Unit

November 25th, 2008

Hudson Insurance Group (“Hudson”), the U.S. Insurance division of Odyssey Re Holdings Corp. (“OdysseyRe”), announced that its Environmental Products unit will commence operations on December 1, 2008.
Hudson Environmental Products is led by Steve Porcelli, Senior Vice President and managed by Joe Valenza, Vice President. The new unit is headquartered in New York City.
As announced on [...]

Meadowbrook Insurance Group, Inc. CEO to Present at FBR Capital Markets 2008 Fall Investor Conference in New York on Wednesday, December 3, 2008

November 22nd, 2008

Meadowbrook Insurance Group, Inc. announced today that the Company will be participating in the FBR Capital Markets 2008 Fall Investor Conference, to be held on December 2 and 3, 2008. The conference will be held at The Grand Hyatt New York.
Meadowbrook’s President and CEO, Robert S. Cubbin, is scheduled to present at 9:15 a.m. Eastern [...]