Conroe, Texas-based independent insurance wholesaler, Ashley General Agency, has added Adam Arnold to its underwriting team. Arnold has extensive experience in the insurance industry that includes a background with a well-respected managing general agency and a national insurance carrier specializing in …
Peter Hancock may have met his hardest challenge yet. Since Hancock took over as chief executive officer of American International Group Inc. last year, Warren Buffett’s Berkshire Hathaway Inc.’s new commercial insurer raided AIG for talent. The integration of two …
A top state fire official says the changing landscape of Texas, driven by millions of new residents and the spread of exurbia, has coincided with an unprecedented wave of large wildfires that are occurring more regularly. Texas A&M Forest Service …
The Allstate Corp. has announced that Mark Green named president of the Encompass insurance companies, which sells through independent agents. Green has 25 years of experience in the insurance industry. Last year he was named president of Allstate Dealer Services …
The Hanover Insurance Group Inc. reported $78.3 million net income for its 2015 third quarter, a 42.6 percent increase from $54.9 million net income reported a year earlier. The Worcester, Massachusetts-based insurer said the latest quarterly results were helped by …
A North Platte, Neb., man accused of driving his car into a canal so he could collect on his insurance has been sent to prison. Court records say 32-year-old Josh Salisbury was sentenced to 18 to 36 months for insurance …
Swiss Re reported consolidated net income of $3.659 billion, a 12 percent increase, for the first nine months of 2015, compared to $3.255 billion for the first 9 months of 2014. $1.399 billion was earned in the third quarter. Swiss …
A.M. Best has revised the outlook to stable from negative and affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” for Midwest Builders’ Casualty Mutual Insurance Co. (MWBC) and its subsidiaries, Horizon Midwest Casualty Co. (Horizon) and Bearing …
Arthur J. Gallagher — the international division of Arthur J. Gallagher & Co. – has appointed David Jack to lead its newly created Technical Advisory Board. The board will oversee a review of the business’ existing systems to identify ways …
It has been 10 years since a major hurricane hit the U.S., and as the Atlantic season staggers into its last month, every day that passes seems certain to extend that record streak. Wilma was the last major system, striking …