CopperPoint Appoints Former Chubb Exec as COO and Planned Successor to Retiring CEO: CopperPoint Insurance Co. appointed Kellen Booher as president and chief operating officer. He will become chief executive officer upon CEO Marc Schmittlein’s ...
Date: March 27, 2025
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MGA Ambrey Global Specialty Launches With Focus on Marine War Risk: Maritime risk consultants Ambrey launched a new specialist marine war managing general agent Ambrey Global Specialty, it said.
AGS is a Lloyd's coverholder ...
Date: March 27, 2025
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State Farm Pays Out $2.45 Billion in LA Wildfire Claims: Claims related to the January Los Angeles wildfires have edged up, with State Farm reporting it has paid out $2.45 billion on 12,200 claims.
The state’s ...
Date: March 27, 2025
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Aircraft Lessor SMBC Settles With Some Insurers Over Russia Jet Losses: SMBC Aviation Capital said it has discontinued litigation in an Irish court against some of its insurers over aircraft stranded in Russia and is close to ...
Date: March 27, 2025
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Lloyd's Syndicate 1699 Sees Wider 2024 Loss on Market Softening: Lloyd's Syndicate 1699 reported a widened loss for 2024 as it exited directors and officers and transactional liability business amid market softening.
The ...
Date: March 25, 2025
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MS&AD Units in Japan Receives New Regulatory Improvement Action: Two subsidiaries of MS&AD Insurance Group Holdings Inc. received new administrative actions from the country's financial regulator to address information ...
Date: March 25, 2025
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Air Lease Enters $328.5 Million Partial Settlement in Russia Litigation: Aircraft lessor Air Lease Corp. announced a partial settlement of $328.5 million with insurers over aircraft stranded in Russia.
The company received the ...
Date: March 24, 2025
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Canal Insurance Names Former Great American Exec as New Chief Technology Officer: Canal Insurance Co. appointed Sai Thotapalli as chief technology officer.
He brings 25 years of experience, Canal said in a statement, most recently from ...
Date: March 24, 2025
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Baltimore Bridge, Hurricanes Dent Earnings for Ascot Syndicate 1414: Ascot's Lloyd's Syndicate 1414 reported lower profit in 2024 in part from storm activity and the Baltimore bridge disaster.
Profit for 2024 fell to $185.1 ...
Date: March 24, 2025
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Marsh Names Global Head of Wholesale: Marsh appointed Adam Russell as head of global wholesale, effective immediately.
He is based in London, the broker said in a statement.
Russell is ...
Date: March 24, 2025
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