Personal Lines
Hurricane Gonzalo Threatens Bermuda’s Hurricane-Free Streak
The last major hurricane to strike land anywhere in the Atlantic basin was Sandy in 2012. That may change tomorrow as Hurricane Gonzalo bears down on Bermuda. Gonzalo is a Category 4 storm, the first ...
XL Group Fills Major Executive Slot
XL Group, a global insurance and reinsurance company, has hired from within to fill a crucial executive position. Michael Garceau will now be chief financial officer of XL Group's global insurance ...
Who’s in Charge at Fireman’s Fund?
The parade of executives at Fireman's Fund includes the following names and faces in the last decade: Charles (Chuck) Kavitsky became CEO and president in May 2004, replacing Jeff Post. • Post had ...
Putting Out the Fire at Fireman’s Fund
FROM THE ARCHIVES: A VINTAGE CARRIER MANAGEMENT ARTICLE FROM 2014. Five CEOs in seven years, a revolving door of senior leadership that is making rating agencies and the entire insurance industry ...
United Insurance Holdings Corp. Takes on Citizens’ Florida P/C Policies
United Insurance Holdings Corp. said it has initiated the takeout of more than 37,000 personal and commercial residential policies from Citizens Property Insurance Corp. in Florida. The transition ...
2014 U.S. Cat Events Land Far From Record Levels: Verisk
U.S. insured losses during the first nine months of 2014 fell "well short" of the 10-year average. But major events still caused some pain, and catastrophe losses in the country climbed by ...Beazley Becomes Latest to Raid AIG Talent Roster
Beazley Plc hired Matt Barone from American International Group Inc., becoming the second insurer in a month to recruit from AIG to build groups that sell coverage protecting corporate clients ...
Bermuda Stares Down Hurricane Gonzalo; Hawaii Troubled by Ana
Hurricane Gonzalo grew into a major storm that threatens Bermuda later this week, while half a world away Tropical Storm Ana may become the second system this year to sweep Hawaii's Big Island. ...