Casualty insurance

This term is generally used as equivalent to "accident" insurance. See State v. Federal Inv. Co.., 48 Minn. 110, 50 N. W. 1028. But in some states it means insurance against accidental injuries to property, as distinguished from accidents resulting in bodily injury or death. See Employers' Liability Assur. Co.rp. v. Merrill, 155 Mass. 404, 29 N. E. 529.

— Commercial insurance. a term applied to indemnity agreements, in the form of insurance bonds or policies, whereby parties to commercial contracts are to a designated extent guarantied against loss by reason of a breach of contractual obligallons on the part of the other contracting party ; to this class belong policies of contract credit and title insurance. Cowles v. Guaranty Co.., 32 Wash. 120, 72 Pac. 1032, 98 Am. St. Rep. 838.

Defined under Insurance in Black's Law Dictionary.