Casualty
Mapfre targets 95% COR in new strategic plan
Spanish insurance giant aims to exceed €32bn in premiums by the end of 2026
State Farm names Farney as next CEO
Executive will succeed Michael Tipsord, who is retiring after 36 years with the US insurance giant
Liberty Mutual names Khanna US retail claims chief
Executive will oversee the strategic and operational direction of the US giant’s personal lines and small commercial claims and its customer and agent service organisations
Florida stabilising after two years of reform
Reform of the tort landscape in Florida is bearing fruit, state representative says
Legal Focus: Material contribution test applies to causation of indivisible diseases
UK Court of Appeal has attempted to bring clarity to the notoriously slippery legal concept of material contribution
Hagerty swings to Q4 income as revenues jump 24%
US specialty motor insurer posts net profit of $12.7m in fourth quarter
Questions need to be asked about US casualty: Everest’s Beggs
Everest’s new chief operating officer for reinsurance, Jill Beggs, outlines the opportunities in casualty, property and specialty lines
Number of P&C rating downgrades swells in US
Commercial lines segment remains robust, although casualty sector faces headwinds, rating agency says, as most downgrades made in troubled personal lines segment
Dual France names Déal MD
Déal joins managing general agent from Everest, where he was head of financial lines for Everest France
James River sues to complete sale of JRG Re
Bermuda company takes legal action against Fleming to enforce sale of casualty reinsurance business
Ex-AIG executives launch E&S carrier Dellwood
Price and Driscoll raise $250m in capital for company that will provide SME coverage through wholesale brokers and programme administrators
Viewpoint: The D&O market needs to be smarter about using technology
The race to provide an online offering for D&O insurance has led to over-simplification in situations demanding nuance and subtlety
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