AmTrust added a former KPMG partner and audit specialist to its expanded board of directors today as it heads toward a $13.50 per share take-private deal backed by Stone Point.
National Flood Insurance Program (NFIP) reform advocates say prospects are dimming rapidly for advancing legislation this year calling for significant changes in the taxpayer-subsidised carrier.
Arch Capital has elevated president and COO Marc Grandisson into the CEO's role, replacing long-time CEO Dinos Iordanou, who remains chairman, the company said on Friday in a regulatory filing.
Aspen shares took off this afternoon after the company disclosed a 50 percent increase in the cash compensation CEO Chris O’Kane would receive following a change in control, spurring speculation that the modification may make a takeover more likely.
