Hollmer is a former Carrier Management editor and writer and veteran industry journalist based in Charlottesville, Virginia.
June 23, 2016
Fitch Ratings said that newly established transparency about the designation process for globally systemically important insurers (G-SIIs) could help more to proactively stay off the list in the first place. The International Association of Insurance Supervisors, a global standard setting …
May 24, 2016
Three senior executives of specialty transportation insurer Baldwin & Lyons have abruptly retired and the insurer said it has retained independent legal counsel to review issues raised by their departures. For now, the Indiana-based company is disclosing few details about …
May 23, 2016
General Reinsurance Group is getting a new CEO: Berkshire Hathaway reinsurance senior executive Kara Raiguel, who is described by her boss as a “secret weapon,” “zero maintenance,” and a “true renaissance woman in the insurance and reinsurance industry.” Ajit Jain, …
April 26, 2016
Nationwide will start winding down its status this May as a “Write Your Own” carrier within the federal government’s National Flood Insurance Program. Assurant said it formed an agreement with the insurer to fill the gap. Nationwide said it plans …
April 13, 2016
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 Hathaway executive Ajit Jain, Gen Re spokesperson Sue Johnson told …
April 1, 2016
https://www.youtube.com/watch?v=fGjHi9lyioE&feature=youtu.be Allstate’s Esurance has used the convergence of a volatile and unpredictable election year and April Fools’ Day to have a little fun. The fun is Esurance’s Election Insurance homeowners policy, designed to protect abandoned homes for the next four …
March 7, 2016
State Auto Financial Corp. ended 2015 with a steep drop in net income and a combined ratio that landed above 100. Executives blamed a bad year for the insurer’s auto lines but added that they’ve taken corrective steps. Net income …
February 22, 2016
State Auto Financial Corp. ended 2015 with a steep drop in net income and a combined ratio that landed well above 100. Executives blamed a bad year for the insurer’s auto lines but added that they’ve taken corrective steps. Net …
February 22, 2016
Chubb Chairman and CEO Evan Greenberg believes opportunity and incentives will encourage most executives to stay with the insurer in the wake of its recently completed mega-merger. “I don’t kid myself. We’re not going to keep everybody,” Greenberg said during …
February 8, 2016
Chubb Chairman and CEO Evan Greenberg believes opportunity and incentives will encourage most executives to stay with the insurer in the wake of its recently completed mega-merger. “I don’t kid myself. We’re not going to keep everybody,” Greenberg said during …