AIG has offloaded a controlling stake in managing general agent and insurance programme administrator NSM Insurance Group, just over a year after it took over the firm.
Berkshire Hathaway's insurance and reinsurance operations posted a combined $337mn underwriting profit for the second quarter compared to a $38mn loss for the same period last year.
AmTrust has ended a long-running feud with its former Italian medical malpractice broker and its CEO Antonio Somma, the insurer said in a US Securities and Exchange Commission filing late last month (20 July)
State Auto followed up a first quarter earnings miss with a second quarter operating loss as its combined ratio deteriorated on accident year losses and prior-year adverse development.
Floridian homeowners' carrier Heritage saw gross written premium increase by 31 percent in the second quarter as it incorporated recent acquisition Zephyr into its already expansive business.
