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08, 2015
Schnitzer to Become CEO of Travelers as Fishman Steps Down
The Travelers Companies Inc. today announced that Alan D. Schnitzer will succeed Jay S. Fishman as chief executive officer, effective December 1, 2015. In a letter to employees, Fishman disclosed that his neuromuscular disease, which he disclosed last November, has …
The article Schnitzer to Become CEO of Travelers as Fishman Steps Down appeared first on Insurance Journal.
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08, 2015
RSA Reports 84% Jump in 1st Half Operating Profit
RSA Insurance Group Plc, the subject of a potential takeover bid by Zurich Insurance Group AG, reported a jump in first-half profit that beat analyst estimates and restored the interim dividend. Operating profit rose 84 percent to 259 million pounds [$395.2 million], London-based RSA …
The article RSA Reports 84% Jump in 1st Half Operating Profit appeared first on Insurance Journal.
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08, 2015
PURE Introduces Domestic Staff Workers’ Comp Coverage for Florida Members
Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property and casualty insurer of high net worth individuals and families, has introduced Domestic Workers’ Compensation Insurance for members residing in Florida. The coverage provides protection for trusted and valued domestic employees. “The …
The article PURE Introduces Domestic Staff Workers’ Comp Coverage for Florida Members appeared first on Insurance Journal.
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08, 2015
New Rules Limit Amount of Wastewater in Oklahoma Disposal Wells
The Oklahoma Corporation Commission is imposing new guidelines on oil and natural gas disposal well operations in response to a rise in earthquake activity in northern Oklahoma and southern Logan counties. The commission that regulates the oil and gas industry …
The article New Rules Limit Amount of Wastewater in Oklahoma Disposal Wells appeared first on Insurance Journal.
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08, 2015
Zurich Insurance’s Investors Grow Impatient with CEO Senn’s Strategy
Martin Senn, Zurich Insurance Group AG’s chief executive officer, is considering a bid for RSA Insurance Group plc, one of the U.K.’s biggest insurers, after a cost-cutting program failed to revive returns for shareholders. Investors including GAM Holding AG are cautious about …
The article Zurich Insurance’s Investors Grow Impatient with CEO Senn’s Strategy appeared first on Insurance Journal.
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08, 2015
Florida-Based Gulfstream P&C Names Block as CFO, Treasurer
Gulfstream Property and Casualty Insurance Co., a regional property carrier providing homeowners, condominium, renters, dwelling fire and flood coverage with operations in five states, has announced the appointment of David N. Block as chief financial officer and treasurer. Block is …
The article Florida-Based Gulfstream P&C Names Block as CFO, Treasurer appeared first on Insurance Journal.
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08, 2015
GEICO Expands Ridesharing Coverage to Pennsylvania
After launching a new ridesharing product in Georgia, Virginia, Maryland and Texas earlier this year, GEICO is now expanding its ridesharing offering to drivers in Pennsylvania. New and existing drivers that have been approved to drive for Uber (UberX and …
The article GEICO Expands Ridesharing Coverage to Pennsylvania appeared first on Insurance Journal.
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08, 2015
NCCI Proposes Decrease for Workers’ Comp Loss Costs in Maryland
The National Council on Compensation Insurance (NCCI) recently delivered a workers’ compensation loss cost filing to the Maryland Insurance Administration. NCCI stated in its July 28 filing that based on its review of the most recently available data, it is …
The article NCCI Proposes Decrease for Workers’ Comp Loss Costs in Maryland appeared first on Insurance Journal.
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08, 2015
AXA Enters Exclusive Negotiations to Sell Portuguese Operations
AXA announced it has entered exclusive negotiations with Ageas for the potential sale of AXA’s Portuguese operations. These operations include AXA’s entire stake in AXA Portugal Companhia de Seguros SA (P&C business), AXA Portugal Companhia de Seguros de Vida SA (life …
The article AXA Enters Exclusive Negotiations to Sell Portuguese Operations appeared first on Insurance Journal.
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08, 2015
West Virginia Investigators: Harpers Ferry Fire Started on Business Patio
A state agency spokesman says a fire in Harpers Ferry, W. Va.’s, commercial area began on the rear patio of a business. Department of Military Affairs and Public Safety spokesman Lawrence Messina tells The Herald-Mail that the cause of the …
The article West Virginia Investigators: Harpers Ferry Fire Started on Business Patio appeared first on Insurance Journal.