Commercial Lines
State Auto CEO LaRocco Wins Contract Extension, a Vote of Confidence in His Turnaround Strategy
Mike LaRocco, who took over president and CEO of State Automobile Mutual Insurance Co. in May 2015, has won the support of the company's board of directors for an extension of his contract until Dec. ...
Suit Against AT&T/Time Warner Merger Could Curtail Other M&A Activity
President Donald Trump's first year in office was already shaping up to be a less-than-banner one for M&A. Now, the U.S. Justice Department's lawsuit to block AT&T Inc.'s $85.4 billion ...
The Latest Launches From Allstate, Pool Re and Starr Companies
Allstate inked a new deal with a company that gives it the ability to use highly predictive online data for claims processing. Pool Re is expanding cover for cyber-related terrorist incidents. Starr ...
QBE’s Global Strength: A Pillar of North America Strategy
QBE North America's activities in the wake of this year's hurricanes demonstrate the strength of the entire QBE global enterprise, measured with gauges beyond financial capital. Russell Johnston, QBE ...
Trump Pushes NAFTA to Limit Liability of Internet Firms Including Google, Facebook
The Trump administration is pushing to add legal protections in the North American Free Trade Agreement (NAFTA) that would limit the liability of internet giants such as Google and Facebook, marking ...
Faced With Brexit, European Banks Trim Exposure to UK Assets
European banks pared their exposure to Britain in the aftermath of its vote to quit the European Union, slashing their U.K. assets by $425 billion in the span of a year. The decline was driven by a ...
Neon Names MS Amlin Veteran Heppel as New CFO
Neon, the specialist Lloyd's insurer, has a new chief financial officer. Richard Heppell took on the position as of Nov. 20. Previously, Heppell was CFO at MS Amlin, where he oversaw the complex ...
Ascot Re Begins in Bermuda; Berger Appointed as CEO
Ascot Group Ltd. has launched Ascot Reinsurance Co. Ltd. after receiving approval from the Bermuda Monetary Authority (BMA). Ascot Re has received an additional injection of $1 billion of funds and ...