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May 28, 2015 8:48 PM ET

Insurance

Company Overview of Carolina Casualty Insurance Company

Company Overview

Carolina Casualty Insurance Company provides property and casualty insurance coverages for trucking, public auto, and business auto industries. It offers various coverages, such as automobile and automobile physical damage, personal injury protection, no-fault, uninsured and underinsured motorists, non-owned, hired car, general liability, garage keeper’s legal liability, garage liability, nontrucking liability, cargo and terminal coverage, and trailer interchange. The company provides professional liability coverage for accounting firms, architect and engineer firms, hospitality and lodging, law firms, and restaurants. It also offers claims and loss prevention services. The company provides ...

4600 Touchton Road East

Building 100

Suite 400

Jacksonville, FL 32246

United States

Founded in 1943

Phone:

904-363-0900

Fax:

904-363-8093

Key Executives for Carolina Casualty Insurance Company

Chief Executive Officer and President
Compensation as of Fiscal Year 2014.

Carolina Casualty Insurance Company Key Developments

Omeros Settles Insurance Litigation with CCIC

Omeros Corporation announced that it entered into a settlement agreement with its insurer, Carolina Casualty Insurance Company (CCIC), related to CCIC's defense of, and coverage obligations owed to, Omeros and its chief executive officer and chairman, Gregory A. Demopulos, M.D., in previously settled litigation with Omeros' former chief financial officer. The settlement includes a release of each party's respective claims in the insurance coverage lawsuit and payment by CCIC of $12.5 million to Omeros by October 25, 2013. While Dr. Demopulos released all of his claims in exchange for this settlement, he elected to receive no portion of the settlement funds and to have all proceeds be paid to Omeros.

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Recent Private Companies Transactions

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