Crum & Forster News

Crum & Forster Policy Covered Accidents, Not Intentional Pollution, Appeals Court Says

Greasy, toxin-laden wastewater discharges by a Mississippi animal feed maker were not accidents and thus are not covered by a Crum & Foster pollution policy, a federal appeals court decided this week in a case that stemmed from an investigation …

Independence Pet Group (IPG) Completes Purchase of Fairfax’s Pet Insurance Units

Independence Pet Group (IPG), the full-stack pet insurance platform, announced the completion of its acquisition of Fairfax Financial Holdings Ltd.’s U.S. and Canadian interests in the Crum & Forster Pet Insurance Group (C&F Pet) and Pethealth Inc. IPG purchased the …

People Moves: Hilb Names CEO at Choice Financial; Crum & Forster Appoints Kovalsky to Credit Team; Cross Insurance Welcomes Randlett as Counsel

Hilb Group Founder Takes Helm at Choice Financial Virginia insurance agency Choice Financial Group has appointed insurance veteran Robert J. Hilb as chief executive officer following the retirement of J. Richard Braun, founder and president of Choice. Prior to his …

JAB to Acquire Fairfax’s Pet Insurance Stake in Crum & Forster, PetHealth

JAB Holding Company and Fairfax Financial Holdings Limited said today that JAB’s pet insurance business agreed to acquire all of Fairfax’s interests in the Crum & Forster Pet Insurance Group and PetHealth Inc., including all of their worldwide operations. Fairfax …

People Moves: AIG CEO Zaffino Adds Chairman Role; C&F Names Sussman President of Credit; CRC’s Dadi Joins AXIS

AIG Zaffino Named Chairman as Duperreault to Retire American International Group announced that Peter Zaffino, president and chief executive officer, will assume the additional role of chairman of the board of directors, effective January 1, 2022. As previously announced, Brian …

People Moves: Insurtech Joyn Adds Schoberth; Chubb’s Lubin Joins Crum & Forster; TransRe Promotes O’Gwen; AXA XL’s Klimczak Moves to U.S.

Insurtech Joyn Adds Schoberth as Chief Distribution Officer Insurance technology company Joyn Insurance announced the addition of Uwe Schoberth as chief distribution officer. The role will focus on developing broker relationships. Uwe brings a background in commercial insurance, having held …

People Moves: Srygley in New C&F Role; Lopez Joins Mosaic; CLARA Names CEO; IronHealth Has New President

Crum & Forster Adds Srygley in Captives, Gig Economy Roles Further strengthening its Captive Solutions and Sharing (Gig) Economy practices, Crum & Forster’s Accident & Health (A&H) Division has appointed C&F veteran Mark Srygley to help drive its efforts in …

Cyber Insurers Seeing Surge in Interest by Energy Companies Since Pipeline Attack

U.S. energy companies are scrambling to buy more cyber insurance after this month’s attack on Colonial Pipeline disrupted the U.S. fuel supply, but they can expect to pay more as cyber insurers plan to hike rates following a slew of …

Crum & Forster Adds Quaranta, Borovski to East, Southeast eRisk Teams

Crum & Forster has expanded its eRisk team with the addition of Cassie Quaranta as an executive underwriter in the Northeast Region and Vlad Borovskyi as an underwriter in the Southeast Region. Quaranta and Borovskyi will focus on underwriting cyber …

Crum & Forster Acquires Aspen’s Food and Beverage Product Recall Business

Specialty insurer Crum & Forster (C&F) has acquired the renewal rights of Aspen’s U.S. food and beverage product recall insurance portfolio written primarily through the excess and surplus lines market. The company said the Aspen underwriting team servicing this portfolio, …