Crum & Forster News

Weighing Effects of Treasury’s Ransomware Pay Warnings on Cyber Victims and Insurers

Recent warnings from the U.S. Treasury about paying ransomware demands are unlikely to substantially change how cyber insurers cover or handle such situations, according to experts. However, the advisories are likely to up the pressure on ransomware victims to make …

InsuraGuest to Offer Crum & Forster BOP Coverage to 130+ Classes Via Web Portal

InsuraGuest Technologies, through its wholly owned U.S. subsidiary Insure The People, has launched a new business owner policy (BOP) insurtech portal, www.InsureThePeople.com that is available to more than 130 class codes. ITP is powered by InsuraGuest’s insurtech platform, which will …

USI, Crum & Forster Offer Cyber Coverage to Bar Association Law Firms

USI Affinity and the American Bar Association (ABA) have partnered with Crum & Forster to offer a cyber liability insurance program for law firms nationwide. As the broker for the ABA Insurance Program, USI Affinity now offers access to this …

Amynta Group Acquires Surety Operations of Aspen Insurance

Amynta Group, a provider of property/casualty and warranty protection products and services, has acquired the surety operations of Aspen Insurance. The business will now operate as Amynta Surety Solutions. As part of the transaction, Amynta said it will partner with …

Nexus Specialty to Offer Admitted Trade Credit Products through Crum & Forster

Nexus Specialty Inc., part of MGA Nexus Group, has formed a new program agreement with Crum & Forster that allows Nexus to underwrite their trade credit products on a fully admitted basis in the U.S. Nexus Specialty Inc. has been …

Crum & Forster A&H Division Forms Captive Facility in Cayman Islands

The Accident & Health Division of Crum & Forster has launched Crum & Forster SPC, a Captive Facility in the Cayman Islands. The A&H Segregated Portfolio Company (SPC) Captive is rated A by A.M. Best. The Crum & Forster SPC …

Crum & Forster Pet Insurance Group Launches Companion Horse Insurance

Crum & Forster Pet Insurance Group has launched a new product for the equine industry that provides veterinary care insurance for companion horses – typically only available for race or performance horses. Policies will be underwritten by United States Fire …

Crum & Forster Acquires Redwoods Group in North Carolina

The Redwoods Group, a provider of insurance to YMCAs, Jewish community centers and residential and day camps, has agreed to a merger with specialty insurer Crum & Forster, part of Fairfax Financial Holdings Ltd. Terms of the deal were not …

Slimowicz Joins Crum & Forster as Chief Claims Officer

Anthony R. Slimowicz is joining Crum & Forster as senior vice president and chief claims officer. He will report to Doug Libby, chairman and CEO of C&F, and will be based at the company’s headquarters in Morristown, New Jersey. Slimowicz …

Crum & Forster Adds 3 to CoverXSpecialty Team

Crum & Forster has made three appointments to its leadership team at CoverXSpecialty, which specializes in coverage for business with unique risks. Sam Anderson, a 32-year veteran of the insurance industry, has been named senior vice president of the newly …