Alleghany Corp. Archives - Carrier Management

Alleghany Corp. CEO Hicks to Retire; Brandon Will Replace Him

Alleghany Corp. has triggered a changing of the guard, with a new CEO slated to take over at the end of 2021. Current CEO Weston Hicks will retire as CEO and as a director of property/casualty ...

Sennott Named as CapSpecialty’s New Leader; Sills to Retire

CapSpecialty appointed long-time Board member Jack Sennott to be its new chairman, president and CEO. With Sennott's ascent, Stephen Sills, Cap Specialty's head of Professional Liability and Small ...

Insurance Holding Company Alleghany Is Selling PacificComp to CopperPoint Mutual for $150M

Alleghany Corp. will sell off workers compensation carrier Pacific Compensation Insurance Company (PacificComp) to a rival for $150 million in cash. Arizona-based CopperPoint Mutual Insurance Company ...

Sills Taking Capitol Insurance Reins; Pauly Announces Plan To Retire

Capitol Insurance Companies announced Tuesday that its chairman and chief executive officer, David F. Pauly, intends to retire effective Dec. 31, 2013. In advance of his retirement, Pauly will step ...

Insurer Alleghany Buys Stake in Asset Manager Ares, Commits Up to $1B

Alleghany Corp., the insurer that bought Transatlantic Holdings Inc., acquired a stake in Ares Management LLC and agreed to invest as much as $1 billion in the asset manager to diversify its ...