Industry News
CSAA Insurance Group Names McCaffrey as CFO
California's CSAA Insurance Group, a AAA Insurer, announced the appointment of J. Paul McCaffrey Jr. as the company's new Chief Financial Officer, a 25-year veteran of the industry. McCaffrey comes ...
Former K&K Exec Launches Private Equity Fund to Acquire MGAs
A group of investors led by Matthew Sackett, former senior vice president of national sales for K&K Insurance and former president and CEO of Leisure Sports Specialists, has announced the ...
Aquiline Capital Buying UK Online Small Business Insurance Brokerage
On Monday, New York-based private equity firm Aquiline Capital Partners LLC, said it entered into a definitive agreement to acquire Simply Business, an online brokerage service delivering tailored ...
Federal Court Rules Travelers CGL Policy Covers Data Breach
A federal appeals court in Virginia has upheld a lower federal court in ruling that a commercial general liability policy (CGL) may cover a data breach. In a case involving the publication of private ...
Montross to Depart Gen Re; New CEO Will Report to Possible Buffett Successor Jain
General Reinsurance Corp. Chairman and CEO Tad Montross plans to step down by the end of 2016, the Berkshire-Hathaway-owned reinsurer said on Tuesday. An eventual successor will report to Berkshire ...
Generali Deepens U.S. Commitment With Property Offering
The U.S. branch of Generali's Global Corporate & Commercial business unit has launched a property insurance product for U.S.-based multinational corporations. GC&C is a relative new kid on ...
Swiss Re Americas Reorganizes U.S. P/C Markets Division
The departure of Swiss Re Americas executive William Donnell last fall opened the door to a major reorganization for the reinsurer's U.S. property/casualty arm. Donnell had been president of Swiss Re ...
Executives On The Move at W.R. Berkley, QBE, Argo and Ironshore
QBE North America hired a former AIG human resources executive to fill a key human resources role. Argo Group appointed a new president of Argo Pro U.S. Ironshore Inc. named a new leader for its ...