Charles Chamness News

People Moves: New Hire at Willis, Chamness Elected to Norfolk & Dedham Boards

Willis Towers Watson Hires Latham to Mid-Atlantic FINEX Commercial Team Willis Towers Watson, a global advisory, broking and solutions company, hired Kenneth Latham to as associate director for the Mid-Atlantic FINEX commercial team. Latham will be responsible for all aspects …

Alldredge Named CEO of NAMIC, Succeeding Chamness

The National Association of Mutual Insurance Companies has named Neil Alldredge as the association’s next president and chief executive officer, effective July 1. Alldredge has been with NAMIC since 1999, serving most recently as senior vice president of corporate affairs, …

Mutual Insurer Trade Group NAMIC’s CEO Chamness to Retire

The National Association of Mutual Insurance Companies announced that Charles Chamness, the chief executive officer of the organization, is retiring from the post he held for nearly 17 years. The official announcement came this week on the final day of …

Why Google’s Not So Smart or Fast and Insurance Agents Aren’t Dead… Yet

Insurance agents aren’t dead yet, but even underwriters participating in the personal automobile insurance market may be looking for another line of work within the next two decades, industry observers said at a recent conference. “The most radical view of …

The Struggle Getting U.S. Regulators to Understand Insurance

The designation of MetLife as a systemically important financial institution by the Financial Stability Oversight Council is a done deal. But exactly what that means in terms of higher regulatory standards is still not clear. Those details could come this …

Comparing Mutual to Stock Insurers Is Like Comparing Marathoners to Sprinters

A.M. Best’s recently released 2015 “Mutuals at a Glance” report is an interesting report on differences between mutual and stock companies in key areas of performance. In its pages is a depiction of a mutual insurance industry that is strong, …

Obama Insurance Views Mirror Those of P/C Agents, Insurers, Regulators

The Obama administration’s views on insurance regulation are in keeping with those of many within the property/casualty insurance industry as well as state regulators who now regulate the industry. Most in the industry are happy that the Obama Treasury Department …

Industry Lines Up ‘Pro and Con’ on Bush Plan for Federal Insurance Regulator

Insurance industry groups are lining up quickly with responses to the Bush administration’s proposed overhaul of the way the government regulates the nation’s financial services industries, including insurance. The sweeping regulatory reform proposal announced by Treasury Secretary Henry M. Paulson …

Hood’s comments called ‘hysterical, irresponsible’

Mississippi Attorney General Jim Hood’s recent comments comparing the insurance industry to “Nazis” have been met with industry criticism. Among those responding was Charles M. Chamness, National Association of Mutual Insurance Companies president and CEO: “Now that Hood’s inspired exercise …

Hood’s comments called ‘hysterical, irresponsible’

Mississippi Attorney General Jim Hood’s recent comments comparing the insurance industry to “Nazis” have been met with industry criticism. Among those responding was Charles M. Chamness, National Association of Mutual Insurance Companies president and CEO: “Now that Hood’s inspired exercise …