QBE’s restructuring over the last year has focused on exiting loss-making businesses and portfolios, while rigorously emphasizing profitable underwriting across the group. Good progress has been made — as demonstrated in the financials, along with strong premium rate increases, top …
Google has been accused in a lawsuit of illegally tracking the movements of millions of iPhone and Android phone users even when they use a privacy setting to prevent it. According to a complaint filed late Friday, Google falsely assures …
Hannover Re announced that Chief Executive Officer Ulrich Wallin will retire following the company’s annual general meeting on May 8, 2019. He will be succeeded on that date by Jean-Jacques Henchoz (53), who has been appointed as a member of …
Lisa Corless has been promoted to president and CEO of AF Group, a subsidiary of Blue Cross Blue Shield of Michigan. Corless assumes CEO duties from Elizabeth Haar, who is now BCBSM executive vice president and president of emerging markets. …
A federal judge is keeping alive a lawsuit accusing the country’s second-largest electricity company of violating water pollution laws by allowing potentially toxic coal ash sludge into neighboring waterways. U.S. District Judge Loretta Biggs ruled this week that environmentalists can …
International insurance and reinsurance company DARAG and U.S.-based acquisition specialist SOBC have formed a joint venture with SOBC DARAG in Delaware to support DARAG’s expansion into the U.S. and Bermuda/Caribbean run-off markets. SOBC DARAG’s first acquisition will be Peachtree Casualty …
Vault, an insurer focused on the high net-worth personal insurance market, has officially opened for business in South Carolina. Vault offers insurance coverage and services for high-value homes, art, jewelry, cyber and personal excess liability coverage. Vault’s business model, built …
Washington Insurance Commissioner Mike Kreidler has named AnnaLisa Gellermann chief deputy commissioner. She begins Aug. 27. Gellerman is currently the deputy commissioner for the policy and legislative affairs division. She joined the insurance commissioner’s ofice in 2013 as the deputy …
Paula Downey, president and CEO of CSAA Insurance Group in California since 2010, will retire following a search for her successor. Downey recently led the AAA insurer through a six-year infrastructure transformation. She was in the insurance business for 45 …
Woodland Hills, Calif.-based Farmers Insurance has named Paul Wilson the new chief information officer. Wilson will serve as a member of the insurer group’s senior leadership team and oversee the development and application of all strategic IT initiatives. Wilson joins …
