News
Two CEOs to Co-Lead Tokio Solution Management
Bermuda-based Tokio Solution Management Ltd. has appointed Susan Lane and Tsuyoshi (Harry) Harigai as co-CEOs, effective Jan.1, 2016. Subject to Bermuda immigration approval, Lane and Harigai will ...
RLI Announces $2 Special Dividend
On Thursday, RLI Corp. announced that its board of directors declared an extraordinary cash dividend of $2.00 per share of common stock in addition to a regular quarterly cash dividend of $0.19 per ...
New York Regulators Urge State/Fed Cooperation on Financial Sector Cyber Defenses
New York regulators are considering a host of cyber security requirements for banks and insurers and urged other state and federal authorities to collaborate on establishing a framework of defenses ...
Cooper Gay Swett & Crawford Puts North American Business Up for Sale
Cooper Gay Swett & Crawford is putting its North American business up for sale, the reinsurance broker disclosed on Nov. 13. Specifically, potential buyers will be sought out for CSGC North ...
Nationwide: Small Business Owners Lack Cyber Prep Plans
Small business owners in the United States are a wide, untapped customer base for property/casualty insurers developing coverage to address the escalating costs of cyber attacks. A recent ...
2015 Atlantic Hurricane Season Below Average But Deadly
The 2015 Atlantic hurricane season may end up being remembered for a subpar number of storms, even though the total still beat early forecasts and more than 50 people died. The season, which also ...
Moving Up: Florida Family Insurance Gets A- from A.M. Best
A.M. Best upgraded the financial strength rating of Florida Family Insurance to A- (excellent) from B++ (good), the rating agency announced on Wednesday, citing strong operating results. The group ...
Allianz Specialty Arm Unveils North American Transportation Unit
Allianz Global Corporate & Specialty (AGCS) is launching a dedicated transportation and logistics unit in North America. Helen Leonard will lead the unit, assuming the title of Inland Marine ...