casualty insurance

American  

noun

1. insurance providing coverage against accident and property damages, as automobile, theft, liability, and explosion insurance, but not including life insurance, fire insurance, or marine insurance.

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Etymology

Origin of casualty insurance

First recorded in 1900–05

Example Sentences

See Examples For:

casualty insurance

Most of that can be invested, but he may need to set aside a chunk to backstop Berkshire’s huge property and casualty insurance operations.

From Barron's ● Apr. 24, 2026

She has been a reporter with the Journal since 2013 and previously covered energy markets, property and casualty insurance, and Warren Buffett and Berkshire Hathaway.

From The Wall Street Journal ● Feb. 3, 2026

Travelers’ premium increases, he said, are completely legal under Proposition 103, the 1988 ballot measure that regulated property and casualty insurance pricing.

From Los Angeles Times ● May 10, 2024

Last June, State Farm said it would stop accepting applications for all business and personal lines of property and casualty insurance, citing inflation, a challenging reinsurance market and “rapidly growing catastrophe exposure.”

From Seattle Times ● Mar. 21, 2024

On observation balloons, in time of war, no casualty insurance is available at any rate of premium.

From Paths of Glory Impressions of War Written at and Near the Front by Irvin S. (Irvin Shrewsbury) Cobb