Allied World News
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Claims Exec Who Defrauded Allied World Insurance Ordered to Prison, Pay $1.2M
Jan 30 2025 // James Keating of Paoli, Pennsylvania, has been sentenced to 20 months of imprisonment, followed by three years of supervised release, for defrauding his former employer of more than $1.4 million. Keating was an assistant...
Allied World Policy Doesn’t Cover Troubled Sperm Bank’s Lawsuits, Court Says
Dec 26 2024 // At what point does a demand from an injured party constitute an insurance claim? In the case of a Georgia-based sperm bank, it’s when the injured party sends the letter – a date that came before the clearly worded...
Markets/Coverages: MGA Aqueous Secures Capacity Deal With Allied World and Sompo
Nov 22 2024 // Aqueous Underwriting, the London-based MGA, has secured major new capacity in a three-year deal with A+ rated insurers Allied World and Sompo. The move to a syndicated capacity arrangement provides the MGA with the...
Former Exec Keating Pleads Guilty to Scamming Allied World Insurance for $1.5M
Jul 31 2024 // A former insurance executive has pleaded guilty to defrauding his former employer, Allied World Insurance Co., of $1.5 million in a scheme involving a shell company, bogus invoices, and vendor kickbacks. James Keating of...
People Moves: Everest Names Buonpane Head of Casualty Specialty, Industry Practices; Allied World Appoints Kranz A&E Lead
Jun 11 2024 // Everest Insurance Names Buonpane to Head of Casualty Specialty Lines and Industry Practices Stephen Buonpane Everest Insurance North America, headquartered in Warren, New Jersey, hired Stephen Buonpane to the newly created...
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