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

Asset management and property and casualty insurance were also likely tailwinds, the analysts add.

From The Wall Street Journal

Karen Collins, a vice president of the American Property Casualty Insurance Assn., said that “insurers support science‑based approaches to evaluating smoke damage and guiding appropriate remediation” but want to “help ensure the bill strikes a reasonable balance — protecting consumers while preserving insurance affordability, availability, and market stability.”

From Los Angeles Times

The American Property and Casualty Insurance Assn., a national trade group, said it was reviewing the bill closely and warned it could have a detrimental effect on the market.

From Los Angeles Times

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