AM Best delivered 39 downward credit rating actions to U.S. personal lines insurers in 2023, more than twice the number registered for 2022, the rating agency reported in it official tally for the year. Additional downgrades of 15 commercial insurers …
Chubb Ltd., the global insurer led by Evan Greenberg, is exploring an acquisition of Hartford Financial Services Group Inc. in what could be one of the industry’s biggest deals in years, people familiar with the matter said. The New York-listed …
Insurers can’t predict when catastrophes occur, but they can refine management plans to be better prepared for the next event, according to the Property Claim Services Personal Lines Planning and Response Report, a new benchmarking study published recently. The report …
Plano, TX, February 23, 2015: Kyle Stevens, President/CEO of WSS announced that the company has hired Tania Strickland as a new Senior Broker and Regional Vice President. Strickland will be heading a new Central Texas office located in San Antonio, …
Austin, TX, October 23, 2014– Atlantic Specialty Lines (ASL), a wholesale broker and specialty lines MGA offering a variety of property, casualty, auto, professional, and personal lines coverages, is continuing its growth in Texas by announcing the addition of Rob …
Houston, TX, October 16, 2014– Atlantic Specialty Lines (ASL), a wholesale broker and specialty lines MGA offering a variety of property, casualty, auto, professional, and personal lines coverages, is announcing a major addition to their Houston office. Looking to solidify …
ACE Group announced executive appointments in its high net worth personal lines insurance business, ACE Private Risk Services, naming Clyde Douglas as senior vice president, Claims, and Eileen Castolene as vice president of Operations. Based in Salem, Virginia, Douglas will …
A new survey of U.S. and Canadian insurers reveals that one in three insurers does not feel adequately protected against fraud, according to FICO, a predictive analytics and decision management software company. The survey, which focused on insurance claims fraud, …
Fitch Ratings has maintained its stable outlook for both the commercial and personal lines sectors of the U.S. property/casualty insurance industry. Insurers have withstood less favorable underwriting and economic conditions in the past several years, which has promoted weaker profitability. …
Richmond, VA, 6/8/11 – Atlantic Specialty Lines, Inc.Sherrie joins the ASL of FL office and corporate personal lines team bringing strong agency connections and relationships throughout the entire state of Florida. She has over six years as a Personal Lines …