National News

Jain or Abel? Buffett Successor Speculation Continues

Warren Buffett’s annual reports to Berkshire Hathaway Inc. shareholders have their own Kremlinology. Investors hunt for any hint about who will succeed the 84-year- old chief executive officer, much as students of the Soviet Union sought clues from its opaque …

Paying Tribute to AIG, MetLife Chief Benmosche

Steve Miller called him tenacious. Steve Kandarian remembered his fighting spirit. As Maurice “Hank” Greenberg put it, Robert Benmosche, who died Friday at 70 after leading two of the biggest U.S. insurers, “was a fighter.” “If he had a fight, …

Former AIG, MetLife Leader Benmosche Dies at 70

Robert Benmosche, the combative former chief executive officer of American International Group Inc. who led the insurer, once the world’s largest, to repay a $182.3 billion taxpayer bailout, has died. He was 70. He died on Friday at NYU Langone …

LIU Adds Underwriters to Risk Engineering Team

Liberty International Underwriters has added five risk engineers to its U.S. and Latin America risk engineering team to focus on energy-related opportunities and civil construction projects in response to the resurgence in America’s energy industry and continued energy growth anticipated …

Ariel Re Launches Ariel Specialty Insurance Managers

Ariel Specialty will commence underwriting E&S property business on March 1st, 2015, with business being written through wholesale brokers only on a limited appointment basis and on behalf of Ariel’s Lloyd’s Syndicate 1910. The new E&S property underwriting unit underwriting …

Insurance Carriers Plan Increased Hiring in 2015: Survey

About two-thirds of insurance carriers expect to hire more employees this year, a new survey finds, According to the semi-annual U.S. Insurance Labor Outlook Study conducted by The Jacobson Group and Ward Group, 66 percent of all insurance companies intend …

States Have No Plans If Health Insurance Subsidies End

Millions of people could lose health insurance subsidies in the coming months if the Supreme Court sides with opponents of President Barack Obama’s health care overhaul. And one thing was clear last weekend as the nation’s governors gathered in Washington: …

Activist Goldstein Urges Title Insurer Stewart to Sell

Stewart Information Services Corp. is being targeted by activist Phil Goldstein, who is urging a sale of the property title insurer and seeking control of its board. Goldstein’s Bulldog Investors has amassed more than 5 percent of Stewart Information and …

Climate Change Modeling on Cusp of Paradigm Shift

In the face of growing interest in climate change impacts, several big catastrophe modelers said they’ve heard from more clients interested in receiving climate-related data and they believe the field is on the cusp of a change in the way …

Gaines Named Liberty Mutual National Medical Director, Commercial Insurance

Liberty Mutual Insurance has appointed Dr. Will Gaines, MD, MPH, as national medical director of its Commercial Insurance strategic business unit. Gaines is responsible for managing the company’s team of regional medical directors, as well as the strategies and tools …

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