AIG News

Insurers Dispatch Wildfire Crews to Save California Homes

California’s raging wildfires are so bad that American International Group Inc., Chubb Ltd., and PURE are deploying teams of specialists and former firefighters to spray retardants on homes. The season may soon rank among the industry’s most costly. The latest …

AIG May Be More Exposed to Storm Losses After Reinsurer Acquisition

American International Group Inc.’s Brian Duperreault spent his first year as chief executive officer on a rebuilding effort, and his biggest acquisition is the one that can magnify the insurance giant’s exposure to losses from catastrophes like Hurricane Michael. AIG …

People News: IFG Companies, AIG, Farmers Insurance

IFG Companies Taps Former Zurich Claims Leader for SVP, Chief Claim Officer Position IFG Companies announced the addition of John W. Mahoney as senior vice president and chief claim officer. He will be located in IFG’s Hartford office, and will …

People News: CSAA, AIG, Travelers

Ingersoll Named VP of Corporate Innovation at CSAA John Ingersoll has been named VP of Corporate Innovation at CSAA Insurance Group. Ingersoll is among the inaugural Velocity Program at the company, a “growth engine” that brings employees from various business …

People Moves at AIG and Aon

AIG Names Lyons Senior Vice President & Chief Actuary, General Insurance American International Group, Inc.announced that Mark D. Lyons will join the company as senior vice president & chief actuary, General Insurance, effective June 1, 2018. Lyons will lead the …

People News: IFS, AIG, CNA

Lee Joins Integrated Financial Settlements as Chief Executive Officer Robert Lee has been selected as the new chief executive officer at Denver-based IFS, a holding company with several industry subsidiaries in the structured settlements and MSP compliance marketplaces. For the …

People News: RMS, Nautilus, AIG

RMS Appoints Silicon Valley Executive as CEO Global catastrophe risk modelling and analytics company, RMS, announced the appointment of Karen White as its new chief executive officer, replacing current CEO and co-founder Hemant Shah. White has served for more than …

People News: AIG, Brit, Vanguard Claims

Krass Named SVP and General Counsel, General Insurance, and Deputy General Counsel, AIG American International Group, Inc. announced that Caroline Krass will join the company as senior vice president and general counsel, General Insurance, and deputy general counsel, AIG, effective …

People News: AIG, AIR Worldwide, CAIF

AIG Names DeSett Head of Field Operations, North America General Insurance American International Group, Inc. announced that Timothy DeSett will join the company as head of Field Operations, North America General Insurance, reporting to Ken Riegler, chief operating officer, North …

Business News: Liberty Mutual, AIG, Consolidated Claims Group

Liberty Mutual Eliminating Over 600 roles in New Hampshire Liberty Mutual has announced it is cutting about 620 positions in New Hampshire. Foster’s Daily Democrat reports the insurance company announced the decision earlier this week. Liberty Mutual says many workers …