Great American Insurance News

Chubb, Assurance, American Financial Tops in P/C Insurer Performance: Fitch Rating

Niche property/casualty insurer Assurant Inc., diversified multi-line writer The Chubb Corp. and specialty commercial lines insurer American Financial Group Inc. are ranked the top three performers over the most recent five-year period in a Fitch Rating report. The statutory financial …

Great American Insurance Establishes Specialty P&C Division in Mexico

Great American Insurance Group announced today that the Mexican Insurance Commission has granted formal approval to extend the license of its local company, El Águila Compañía de Seguros, S.A. de C.V., to establish a specialty property & casualty operation in …

Reith to Join Marketform Managing Agency as Chief Executive Officer

American Financial Group Inc.* announced that Martin Reith has been appointed chief executive officer of Marketform Managing Agency, which operates Syndicate 2468 at Lloyd’s of London, effective November 2015. Reith has over 25 years’ experience across underwriting, management and leadership. …

Great American, Landy Agency to Offer Professional Liability Insurance

Great American Insurance Group’s Professional Liability Division has formed an alliance with the Herbert H. Landy Insurance Agency to offer professional liability insurance to real estate agents, brokers, appraisers and accountants. This new program will be available in all states, …

N.J. Couple Charged With Allegedly Pocketing $1.8M in D&O Premiums

A Central New Jersey couple that ran a now-defunct insurance brokerage firm has been charged with allegedly conspiring to steal nearly $1.8 million by failing to remit insurance premiums to eight insurers. The 27-count state grand jury indictment was announced …

Great American Insurance Promotes Bickley to Divisional Vice President

Cincinnati, Ohio-based Great American Insurance Group has promoted Darrell Bickley to divisional vice president of its Trucking Division. He is based in Cincinnati. Bickley joined the Trucking Division in 2004 and has held various positions of increasing responsibility with the …

Great American Insurance Acquires 2 Texas Workers’ Comp Firms

Great American Insurance Group, headquartered in Cincinnati, Ohio, announced it is acquiring Dallas, Texas-based Employers Comp Associates Inc. (ECA) and Freeman Administrative Solutions Inc. (FAS). ECA and FAS were founded by Darlene and Larry Freeman. Upon completion of the transaction, …

American Financial Group Founder, Carl Lindner Jr., Passes

Carl Lindner Jr., chairman of Cincinnati, Ohio-based American Financial Group, died on Oct. 17, 2011, at age 92. Lindner was surrounded by his wife, sons and other family members when he died of causes related to age, his Cincinnati-based company, …