Boardroom Agenda
ACE Keeping Most Fireman’s Fund Personal Lines Staff When Allianz Deal Closes
ACE Group said it will keep most of the employees with Fireman's Fund's personal lines business once its $365 million acquisition of the division from Allianz goes through. "We value Fireman's Fund ...
Farmers Mutual Hail Will Buy Deere’s Crop Insurance Unit
Deere & Co., the world's largest manufacturer or agricultural machinery, agreed to sell its crop insurance segment to Farmers Mutual Hail Insurance Co. of Iowa, retreating from a business that ...
Fireman’s Fund Goes the Way of the Dodo Bird With ACE Acquisition Deal
The Fireman's Fund Insurance Co. brand is all but finished now, thanks to an end-of-year M&A deal. ACE Group disclosed on Dec. 18 that it has agreed to buy Fireman's Fund's high-net-worth ...
Allianz Announces New Leadership for Fireman’s Fund, AGCS NA Combo
German insurance giant Allianz announced a new team that will lead the combined Fireman's Fund and Allianz Global Corporate & Specialty North American business beginning in 2015. Andrew Torrance, ...
Willis Group Closes Purchase of IFG Financial Businesses in Ireland
Willis Group Holdings completed its acquisition of a number of Irish pension and financial advisory businesses from IFG Group for an undisclosed price. The deal went through subsidiary Willis ...
HCC Taps Beebe as Independent Board Member
Houston-based HCC Insurance Holdings, Inc. announced that Lydia I. Beebe, a former Chevron Corp. executive, has been elected as an independent member of the specialty insurance company's board of ...
Navigators Appoints Former GenStar Exec Roberts to Board
The Navigators Group, Inc. announced Tuesday that Patricia Roberts has been appointed to its board of directors. Roberts had a 35-year career at General Reinsurance Corporation, joining in 1977 as an ...
Westminster American Insurance Chooses Next CEO
Regional carrier Westminster American Insurance Company has named its longtime general counsel to be the next president and CEO. John Scott, Jr. will assume the top spot on Jan. 1, 2015. He'll ...