Personal Lines
Allstate, CNA, Nationwide Vets Join Kin Insurance in Key Leadership Roles
Kin Insurance, a catastrophe-risk specialist home insurance startup, has turned to veterans of Allstate, CNA, Nationwide and elsewhere to fill key leadership slots as it expands. Kin recently raised ...
Buffett’s Berkshire Hathaway Appears to Extend Stock Repurchase Effort
Warren Buffett's Berkshire Hathaway Inc appears to have extended its drive to repurchase its own stock, even with its share price near a record high, according to regulatory filings and an analyst. ...
Japan Insurers Struggle to Produce Reliable Climate Change Cost Estimates
As the world tries to price the cost of climate change, Japan's second largest non-life insurer MS&AD foresees the potential rise in claim payments in 2050 to be anywhere between 5% to 50% from ...
Executives On The Move at USAA, Snapsheet and The Hartford
USAA hired a new chief strategy officer. Snapsheet promoted a veteran executive to the role of president and chief operating officer. The Hartford made one of its executives its new Life Science ...
See You in Person: Global Insurance Symposium Readies Post-COVID Gathering, With Online Component
After more than a year of quarantines, masks and other COVID-19 precautions, an insurance industry group is about to hold an in-person meeting again. The Global Insurance Symposium is meeting in Des ...
Allstate Seeks More Active, Old-Fashioned Agents
Allstate Corp wants to buy more independent insurance agencies this year to build the business it acquired with its purchase of National General, Allstate Chief Executive Tom Wilson told Reuters on ...
Nationwide CFO Thresher to Retire; Frommeyer to Succeed Him
Longtime Nationwide Chief Financial Officer Mark Thresher plans to retire in September after 12 years in the role and 25 years with the insurer, the company announced. Plans call for Tim Frommeyer to ...
Buffett Steps Down as Gates Foundation Trustee; Discloses He’s Donated Half His Wealth
Warren Buffett said he is stepping down as a trustee from the Bill and Melinda Gates Foundation, and that he has donated half his wealth since pledging 15 years ago to give away the fortune he built ...