Industry News
Swiss Re: Emerging Markets Drove 2013 Non-Life Premium Growth
While global non-life insurance premiums increased in 2013, their growth rate dipped compared to the previous year. The slowdown could have become even worse, but robust coverage demands in most ...
Canal Insurance Appoints New Executives to Leadership Team
Canal Insurance Co. has announced the appointment of Tim Horgan, vice president of transportation and chief marketing officer, and Bob Pace, vice president and chief claims officer, to the executive ...
RSA Lures Another Zurich Executive
RSA Insurance Group Plc hired a second Zurich Insurance Group AG executive to run its U.K. and European units, said two people with knowledge of the matter. Steve Lewis, chief executive officer of ...
AmTrust To Grab Florida WC Insurer With Low-Hazard Risks
AmTrust Financial Services Inc. said it will snatch up a a workers compensation insurer affiliated with Blue Cross & Blue Shield of Florida (Florida Blue) in a bid to add more low-hazard risks to ...
Moody’s Affirms Validus Ratings Despite Western World Challenges
On Wednesday, Moody's Investors Service affirmed its ratings for Validus Holdings, Ltd., including the A3 insurance financial strength rating of the principal operating subsidiary Validus ...
Nationwide to Lawmakers: Incentive Needed for Resilient Home Standards
On Monday, Nationwide Insurance called on the federal government and state legislatures to introduce and pass legislation that will provide incentives for consumers, homebuilders and contractors to ...
Spitzer Must Face Greenberg Defamation Suit, Judge Rules
A defamation lawsuit by former American International Group Inc. Chief Executive Officer Maurice Greenberg against Eliot Spitzer may move toward trial, a state judge ruled after throwing out many of ...
Former AIG Exec Thygeson Joining Hamilton as COO of U.S. Ops
On Monday, Hamilton Insurance Group, announced that William Thygeson has been appointed to the position of chief operating officer of Hamilton USA Thygeson joins Hamilton USA from American ...