QBE North America News

QBE North America Names Pruss Head of P/C Personal Lines

QBE North America said Eric Pruss, formerly of Chubb and Fireman’s Fund, has joined the organization as senior vice president and head of Property/Casualty Personal Lines. Pruss will lead the business of personal insurance products distributed through independent agents and …

QBE North America Adds Fry, Remy as Specialty Program Underwriting VPs

QBE North America announced two new underwriting vice presidents in the company’s Specialty Programs unit – Erin Fry and Bob Remy. Fry joins QBE from XL, where she was vice president and head of professional liability programs. She will be …

QBE Selling U.S. Agency Businesses to Alliant for $300M

QBE Insurance Group Ltd. of Australia is selling its U.S. agency businesses to California-based Alliant Services Inc. for about $300 million and exiting the distribution business. The agencies being bought by Alliant include Community Association Underwriters (CAU), Deep South Insurance …

A Few Thoughts for Insurance Entrepreneurs

Managerial flexiblity, effective communication, selecting and placing employees wisely, customer care and reputational risk are some of the factors would-be entrepreneurs need to consider when contemplating running their own businesses, according to one insurance executive with the work history to …

QBE North America Launches Management Liability & Professional Lines Coverages

QBE North America’s continues its expansion into the management liability & professional lines arena with the launch of three new products for public and private commercial companies and financial institutions and non-profit businesses. The three products currently available in the …

James Named President of P&C for QBE North America

Robert James has been appointed president of Property and Casualty for QBE North America, which includes the program, middle markets and major broker groups. James will be a member of the executive management board and will report to David Duclos, …

QBE North America to Launch D&O Line, Names Grange As Leader

Jeffrey S. Grange has been appointed head of Management Liability and Professional Lines for QBE North America, which plans to launch a directors and officers (D&O) liability division. Grange has 25 years experience in management liability and professional areas. He …

Insurance Firm QBE Laying off 113 in Lincoln, Nebraska

An insurance company is closing a call center in Lincoln, Neb., and laying off more than 100 people. The Lincoln Journal Star reports QBE North America will close the call center on May 10 and eliminate 113 jobs. The Lincoln …

Praetorian Offers to Lower Florida Forced-Placement Rates by 18.8%

A forced placement mortgage property insurer providing coverage in Florida has offered to lower its rates by an average of 18.8 percent, despite the fact that state regulators said the rate decrease should be double that amount. Praetorian Insurance Co. …

Best Revises ICR Outlook to Negative for QBE North America Group; Affirms Ratings

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of the pooled and reinsured members of QBE North America Insurance Group (QBENA Group). These companies are key operating subsidiaries …