CEO / Chief Executive
XL Group CFO Porrino to Retire on May 1; Robb Will Replace
XL Group Ltd. Chief Financial Officer Peter Porrino is retiring from his executive role this spring, though the Bermuda-based insurer and reinsurer has chosen from within the company to replace him. ...
Utica National: Circling for Profitable Growth
Headquartered in New Hartford, N.Y., Utica National Insurance Group consists of 19 companies. Its products include auto, home and specialized markets such as graphic arts, educational, religious ...
Donegal Group: Appointments in Underserved Areas
Donegal Group's growth has been fueled by its acquisition of medium-sized "Main Street" carriers. Since 1995, it has completed six acquisitions or participated in other carriers' business through ...
NORCAL Mutual: Stronger Through Consolidation
Consolidation is a major consideration for NORCAL Mutual Insurance Co., "whether it's physicians joining larger groups, agents being acquired, or companies like ours taking advantage of M&A ...
Grinnell Mutual: Make a Plan, Give Ice Cream
When Larry Jansen took over as CEO five years ago, Grinnell Mutual was losing $50 million every year on its farm mutual book (which is a third of its business), its employees were unmotivated, and ...
AIG Will Unload Vermont Ski Slope Asset for $50M
Insurance giant American International Group Inc has reached a deal to sell one of its lesser-known assets: a northern Vermont ski slope. Vail Resorts Inc, a Brookfield, Colorado-based company that ...
Guidewire Closes $160M Deal for Tech Company ISCS, Launches Cloud-Focused Product
P/C software company Guidewire said it has completed its $160 million acquisition of cloud computing tech outfit ISCS, about two months after the deal between the California companies was first ...
Lloyd’s to Name Ex-CEO of Marsh Europe as New Chairman
Bruce Carnegie-Brown, former CEO of Marsh Europe and non-executive chairman of Aon UK, will shortly be named the new chairman of Lloyd's, according to market sources. He succeeds John Nelson, who had ...