California Drought to Continue Through Summer

California doesn't have much chance for rain in the next five months, and its best opportunity to break the drought there may hinge on the emergence of an El Niño in the Pacific Ocean this year, ...

Schmidt Joins Argo as Group CUO

Argo Group International Holdings Ltd., an international underwriter of specialty insurance and reinsurance products, has appointed Axel Schmidt as group chief underwriting officer. He will succeed ...

Berkshire Specialty Treks Into Travel Coverage

Berkshire Hathaway Inc.'s Peter Eastwood, hired last year to expand into more insurance niches, is pushing into travel coverage in the latest challenge to American International Group Inc., his ...

Packer Now Torus CEO as O’Donohoe Steps Down

With the acquisition of Torus Insurance Holdings Limited having been completed on April 1, acquirers Enstar Group Limited and Stone Point Capital LLC joined Torus in announcing senior management ...