Leadership & Strategy
Premium Growth Continues for 14th Straight Quarter, WC to Lead in 2014
Although the growth in industry total net property/casualty insurance premiums slowed in the third-quarter, an unbroken string of quarterly hikes is longer than a prior period of back-to-back ...
Nine-Month Results Show P/C Industry Headed for Best Post-Crisis Year
With a combined ratio of 95.8 through nine months translating into $10.5 billion of underwriting profit, the U.S. property/casualty insurance industry is on track to report its best year in the ...
A.M. Best Affirms Duperreault’s Hamilton Re, Ltd. at A-Minus
Rating agency A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating of A- (Excellent) and issuer credit rating of "a-" of Hamilton Re, Ltd. ...
White Mountains to Acquire Attorney-In-Fact of Star & Shield Insurance Exchange
White Mountains Insurance Group, Ltd. and Star & Shield Group announced Monday that Star & Shield Holdings LLC had entered into a definitive agreement to sell certain assets and liabilities ...
A.M. Best Cuts Tower Group Rating to B from B++
On Friday, A.M. Best Co. announced that the rating agency has downgraded the financial strength rating (FSR) to B (Fair) from B++ (Good) of the pooled and reinsured members of the Tower US Pool. The ...
Berkshire Hathaway Specialty Emerges as Serious Player in 2013
The year 2013 has been quite eventful for Berkshire Hathaway Specialty Insurance (BHSI)—or half of a year, anyway. Since opening its doors for business in June with much fanfare, the new venture ...
IICF Northeast Division Announces 16 Grants, Honors Ironshore
The Insurance Industry Charitable Foundation (IICF) Northeast division announced 16 charitable grants at its seventh annual benefit dinner on Wednesday, Dec. 11, 2013. The total amount of the grants ...
U.S. Employees Not Rewarded for Innovation, Accenture Survey Finds
U.S. employees are hungry to be entrepreneurial, but most believe their companies don't do enough to support and reward their efforts to generate ideas, according to a new study by Accenture. More ...