casualty insurance

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.

Word History and Origins

Origin of casualty insurance¹

First recorded in 1900–05

Example Sentences

Robert Gordon, a senior vice president at industry group American Property Casualty Insurance Association, said it was “bizarre” that Illinois would seek to change what he called an incredibly competitive market, with below-average rates.

Read more on The Wall Street Journal

Denni Ritter, a lobbyist for the American Property Casualty Insurance Assn., a major industry trade group, said they are “much-needed reforms to the broken intervenor process” that has “contributed to the insurance crisis by delaying rate approvals, duplicating the Department’s work, and ultimately driving up costs for consumers.”

Read more on Los Angeles Times

The Los Angeles County Superior Court suits filed last month name more than 200 insurers and affiliates as defendants, including State Farm, Farmers and Mercury that account for about three quarters of the state’s property and casualty insurance sales.

Read more on Los Angeles Times

“This modest, temporary cost recovery — just a few dollars a month for most policyholders — is critical to preventing a catastrophic collapse of California’s insurance market,” said Denni Ritter, vice president for state government relations for the American Property Casualty Insurance Assn. trade group.

Read more on Los Angeles Times

The American Property Casualty Insurance Assn. called it a “reckless and self-serving stunt.”

Read more on Los Angeles Times