Private Firms Lose Privacy When Liability Battles Reach Courtroom April 21, 2017 By Joseph S. Harrington, CPCU, ARP “It’s like a Kardashian episode.” That outburst from an unidentified person spoke to the fact that private companies can make...
Main Street America Promotes Frazier to SVP; Appoints 3 New Company Officers April 21, 2017 The Main Street America Group has made changes to its personnel, including promoting Tom Frazier, the company’s chief investment officer,...
Hamilton’s Duperreault Among Candidates Being Considered as AIG CEO April 20, 2017 By Sonali Basak, Katherine Chiglinsky and Matthew Monks American International Group Inc. is weighing a plan to hire Brian Duperreault as the company’s seventh chief executive officer since...
Chubb Names Merna COO of North America Major Accounts April 20, 2017 Chubb announced that Matt Merna has been appointed chief operating officer of its North America Major Accounts division, which serves...
BP Oil Spill Caused $17.2 Billion in Natural Resource Damage: Virginia Tech Scientists April 20, 2017 The 2010 BP Deepwater Horizon oil spill did $17.2 billion in damage to the natural resources in the Gulf of...
Amerisure Names Erie’s Ishwar as Chief Underwriting Officer April 20, 2017 Amerisure Mutual Insurance Co. announced that Jayashree Ishwar has joined the company as chief underwriting officer. Ishwar will be accountable...
Allstate’s Catastrophe Losses Topped $780 Million in Q1 April 20, 2017 The Allstate Corp. announced estimated catastrophe losses for the month of March 2017 of $516 million, pre-tax ($335 million after-tax),...
Cyber Thieves Hit 1,200 U.S. Hotels in InterContinental Chain April 20, 2017 By Alastair Sharp Global hotel chain InterContinental Hotels Group Plc said 1,200 of its franchised hotels in the United States, including Holiday Inn...
Tornado, Hail Losses Hurt Travelers in Q1 April 20, 2017 By Sonali Basak Travelers Cos. was burned again by Mother Nature. Alan Schnitzer has been contending with volatile weather since becoming chief executive...
W.R. Berkley Adds Insurance Technology Analyst from Goldman to Investment Team April 20, 2017 W.R. Berkley Corp. has hired a former Goldman, Sachs & Co. analyst to evaluate potential investments in emerging insurance technology...