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American Integrity appoints Jon Ritchie as president: A visionary step toward growth and innovation in 2025

American Integrity Insurance Group, a leading Southeast property insurer, is proud to announce the promotion of Jon Ritchie to president.With a proven track record as COO since 2019, Ritchie has been instrumental in driving operational excellence, implementing cutting-edge technology and strengthening a culture...

Gallagher acquires Oregon agency – Business Insurance

Arthur J. Gallagher & Co. Thursday said it has acquired Portland, Oregon-based Durham & Bates Agencies Inc. Terms of the transaction were not disclosed. Durham & Bates provides property/casualty, marine and employee benefits services to clients in the Pacific Northwest, Gallagher said in a statement.The...

Laurel Rudnick – Business Insurance

FM named Laurel Rudnick senior vice president, chief underwriting officer, for FM Affiliated, its middle-market unit, effective Jan. 1. She succeeds Lyndon Broad, who was recently named executive vice president, staff insurance operations, at FM. Previously, Ms. Rudnick was senior vice president, division manager, for FM...

Westchester makes appointments – Business Insurance

Westchester, the wholesale excess and surplus lines business of Chubb Ltd., Wednesday named Nick Gatt head of its programs business, effective immediately. He succeeds Franklin Sanders, who was appointed head of global underwriting for Chubb Group. Mr. Gatt reports to Dave Lupica, division president of...

Axis agrees loss portfolio transfer for some reinsurance reserves

Axis Capital Holdings Ltd. Tuesday said it has entered into a loss portfolio transfer reinsurance agreement with Enstar Group Ltd., under which it will retrocede $2.3 billion of reinsurance segment reserves. The transaction concerns casualty portfolios related to 2021 and prior underwriting years totaling...

Philadelphia Eagles Denied Covid-19 Insurance Claim

The Philadelphia Eagles football team has lost its bid for federal court reconsideration of the dismissal of the team’s claim for insurance coverage for COVID-19 losses. The Eagles tossed a red flag in November after the...