Fireman’s Fund News
Post-Merger Chubb Covets More of the High Net Worth Market Pie
Its acquisition of Fireman's Fund's business in April, 2015 provided ACE Ltd. with an idea of what's involved in integrating two leading high net worth insurance businesses. Frances D. O'Brien is now ...
Munich Re, AGCS North America Are Replacing Their CEOs in Measured Transitions
Munich Re and a division of Allianz Group are the latest insurers left preparing for new CEOs. Munich Re said that CEO Nikolaus von Bomhard will step down as CEO and a member of the board of ...
Allianz Revving Up North America Motorsports Coverage for New Year
In the U.S., motor racing is a surging business attracting increased attention and spending. Allianz Global Corporate & Specialty wants a piece of the action, and expects to launch a dedicated ...
Chubb Adds Fireman’s Fund Vets to Boost Capacity for Wealthy Clients
Chubb Corp., the insurer of high-end homes and mega-yachts, rehired Jennifer Celmer and added two of her colleagues from Fireman's Fund to bolster the unit selling coverage to wealthy individuals. ...
ACE Absorbs Fireman’s Fund Business and Seeks High-End Canadian Clients
More than three months after ACE Group said it would snatch up Fireman's Fund's U.S. high-net-worth personal lines business from Allianz for $365 million, the deal is finally closed. ACE isn't ...
Ex-Fireman’s Fund CEO LaRocco Named State Auto’s New Leader
An ex-Fireman's Fund CEO will become the new leader of State Auto Financial Corp., replacing the company's long-time leader as he readies for retirement. Michael LaRocco assumes the president and CEO ...
Fireman’s Fund Settles Crop Insurance Fraud Charges for $44M
Fireman's Fund Insurance Co. has agreed to pay $44 million to settle allegations under the False Claims Act that it knowingly issued insurance policies that were ineligible under the U.S. Department ...
Carrier Management’s Top Feature of 2014: Fireman’s Fund’s Decline
A story about Fireman's Fund Insurance Co.'s long decline was the top Carrier Management feature in 2014. The October 15 story by contributor Russ Banham looked at the company's struggles up to that ...