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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.


Etymology

Origin of casualty insurance

First recorded in 1900–05

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

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

That followed its decision in May 2023 to stop writing new business, homeowners and other personal property and casualty insurance in the state, with the exception of personal auto insurance.

From Los Angeles Times • Feb. 3, 2025

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 Cobb, Irvin S. (Irvin Shrewsbury)

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