CEO / Chief Executive
Travelers CEO Schnitzer: ‘Our Disciplined Underwriting Stood Up to the Storms’
While hurricanes hammered Travelers with $700 million in pre-tax catastrophe losses, the property casualty insurer still ended its 2017 third quarter in the black. Travelers reported $293 million in ...
Beacon Mutual’s New CEO Spero: ‘We’re Within an Hour of Every Policyholder’
The board of directors of Beacon Mutual Insurance Co. has elected Brian Spero as president and CEO of the company, effective in July. The Warwick, R.I.-based workers compensation carrier's board ...
Executives On The Move at Arch Capital Group and Everest Re
Arch Capital Group Ltd. made a number of senior management changes in its worldwide reinsurance group. Everest Re added two new senior underwriters to its London-based team.
AXIS Capital Closes Novae Acquisition, Discloses Revamped Executive Team
AXIS Capital Holdings Ltd. it has finalized its acquisition of Novae Group plc, which creates a $2 billion insurer in London and a top ten re/insurer at Lloyd's, with 2016 global gross written ...
A Victory for J&J: Appeals Court Reverses $72M St Louis Talc-Cancer Verdict
Johnson & Johnson won its appeal of a $72 million verdict claiming its talc products cause ovarian cancer, as a Missouri appeals court found the case shouldn't have been tried in a St. Louis city ...
For Some CA Wineries, Insurance Wildfire Payments May Fall Short
Startup Lemonade Adds Firearms Coverage Restrictions, Citing ‘Social Good’
Online home and rental insurer Lemonade has said it is limiting its coverage for gun owners as part of its commitment to "make insurance into a social good." Citing the recent Las Vegas mass ...
As InsurTechs Make Waves, Consumers Still Trust Traditional Insurers More
InsurTechs are changing the face of insurance, Capgemini and Efma said, announcing results of a consumer survey last month in which nearly one-third of respondent said they now rely on InsurTechs. ...
