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Casualty Insurance

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Casualty Insurance
A category of insurance that covers unforeseen events on a stated asset or assets. Car insurance, workers compensation insurance, and elevator insurance all fall under this general category. Often, casualty insurance only covers a particular event or asset. That is, car insurance covers one's car (and perhaps the persons within it) only. Casualty insurance provides coverage to the policyholder in the event the insured event occurs; the coverage is contingent upon the timely payment of premiums.


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The irony is that the same disasters, disease and acts of war have created a negative trend in the property and casualty insurance industry, to the point where these types of insurance are more expensive and more difficult for consumers to obtain.
Property & Casualty Insurance BY DIRECT PREMIUMS WRITTEN THIS YEAR'S RANK COMPANY ADDRESS/WEBSITE 1 Allstate Insurance Co.
AIG) announced Thursday they will set up a jointly owned company later this month to sell casualty insurance policies in Japan.
 
 
 
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