An Indiana appeals court has sided with a group of insurers, saying they are not required to provide $25 million in excess coverage for an underlying lawsuit against the National Collegiate Athletic Association (NCAA) over rules the association’s member colleges …
Following the completion of the acquisition of XL Group by AXA SA – expected in the second half of 2018 – the two insurers have chosen the name of the division that will be dedicated to large property/casualty commercial lines …
Insurer X.L. America Inc. has agreed to acquire Allied International Holdings Inc., the Florida-based holding company of Allied Specialty Insurance Inc. and T.H.E. Insurance Co., a leading insurer of the outdoor entertainment industry in the U.S. Allied is a leading …
The former chairman of Dewey & LeBoeuf has agreed to pay more than half a million dollars in a proposed settlement with Dewey’s trustee and insurer to resolve claims that bad management led to the law firm’s demise, according to …
XL Insurance America Inc. and Fisker Automotive Inc. reached an agreement last week over an insurance dispute involving hundreds of hybrid cars at a New Jersey port that got wrecked by Superstorm Sandy. “Fisker Automotive and XL Insurance America were …
XL Group CEO Mike McGavick asked a provocative question in a keynote speech at the European Insurance Forum in Dublin last week. How relevant is the insurance industry in today’s globalized world? “The [percentage of] value insurance adds to the …
A federal judge said during a court hearing in New York on Thursday he is prepared to order an insurance company to keep paying the legal fees of several former hedge fund managers and traders caught up in an insider …
The insurance segment of XL Group plc announced the appointment of Jason Harris as Chief Executive of its International P&C Insurance business. He will be based in London and report to Greg Hendrick, CEO of XL’s insurance segment. Upon joining …
Global insurer and reinsurer XL Group plc said that Greg Hendrick will become chief executive of XL’s insurance segment upon the retirement of Dave Duclos, the current insurance head. Hendrick, currently XL’s executive vice president for strategic growth, will assume …
XL Insurance, the global insurance underwriting operations of XL Group plc, has appointed two vice presidents – senior program executives to its North America program team, adding Virginia Chase in Boston and Michael B. Mandziara in Chicago. Chase joins XL …
