Personal Lines
Ex-NYS Insurance Superintendent Joins Guy Carpenter in Leadership Role
Guy Carpenter is bringing on a former New York State insurance superintendent in a bid to boost its regulatory advisory-prowess. The risk/reinsurance broking advisory firm said that James Wrynn will ...
State Auto Shareholders Officially Elect LaRocco as CEO
The shareholders of State Auto Financial Corporation elected Michael E. LaRocco as a director of the company at its 2015 annual shareholders meeting on Friday, also officially naming him as the next ...
U.S., New Orleans Property Owners Discuss Possible Katrina-Related Damages
Attorneys for the U.S. government and some New Orleans area property owners met behind closed doors with a judge Wednesday to discuss possible damages arising from a ruling last week that a federally ...
Zurich Sees Q1 Profit Dip 4 Percent at General Insurance Unit
Zurich Insurance Group AG, Switzerland's biggest insurer, said first-quarter profit fell 4 percent on lower earnings from general insurance and higher tax payments. Net income declined to $1.22 ...
Kemper CEO Southwell Plans to Retire Next Year; Replacement Search is On
Kemper Corp. disclosed that its CEO plans to retire next year, and the insurance holding company has already begun the process to search for his replacement. Donald Southwell also serves as the ...
Allstate CEO Wilson Pledges Continued Esurance Ad Support
Esurance remains unprofitable for Allstate, four years after it snatched up the online auto and home insurance provider for $1 billion. At the same time, CEO Thomas Wilson remains optimistic about ...
FAA, Berkshire Hathaway to Partner on Commercial Drone Tests
The Federal Aviation Administration said it would work with two private U.S. companies to test commercial drones that can fly beyond an operator's line of sight, a precursor to sophisticated drone ...
Allianz Profit Soars Even as It Deals With PIMCO Setbacks
Allianz SE, Europe's biggest insurer, said first-quarter profit climbed 11 percent, even as investors withdrew funds from its asset manager Pacific Investment Management Co. The shares surged the ...