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

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

If you have been following property and casualty insurance in the past few years…

From Barron's

Denni Ritter, a vice president of the American Property Casualty Insurance Assn., a leading industry trade group in California, said, “We are closely reviewing the legislation. Insurers are deeply committed to paying claims fairly, promptly, and transparently.”

From Los Angeles Times

There are “more and more features that add to the cost of repair,” said Bob Passmore of the American Property Casualty Insurance Association, a trade group.

From MarketWatch

It would also give the well-regarded Evan Greenberg, Chubb’s CEO, another major property and casualty insurance platform.

From Barron's