After 8 months on the job, Florida Citizens Property Insurance Corp. CEO Barry Gilway, says it was a "gross understatement" to say this would be the most challenging job of his career.
Despite $400 million in claims payments and other costs related to Superstorm Sandy, fourth-quarter net income at Nationwide jumped to $176 million in 2012 from $35 million in the prior year.
Despite $400 million in claims payments and other costs related to Superstorm Sandy, fourth-quarter net income at Nationwide jumped to $176 million in 2012 from $35 million in the prior year.
Following nearly two years of modeling, stress-testing and refining its business model, Weston Insurance Co. is ready to embark on a precedent-setting move to assume about $30 billion in exposure from Floridas bloated last-resort insurer.
Following nearly two years of modeling, stress-testing and refining its business model, Weston Insurance Co. is ready to embark on a precedent-setting move to assume about $30 billion in exposure from Floridas bloated last-resort insurer.
Energi CEO Brian McCarthy speaks with PC360-NU about the structure and aspirations of his company as well as risk and coverage trends in many sectors of the vast Energy marketplace.
Superstorm Sandy, a decrease in favorable prior-year development and non-catastrophe losses and resulted in a net loss of $9 million for the 2012 fourth-quarter at CNA Financial Corp.