E&S/Specialty

Insurer Hiscox Ltd plans to return $305.3 million to investors after Superstorm Sandy failed to derail a bumper year of growth in its global underwriting business.

American International Group Inc. reports a fourth-quarter net loss of $4 billion on losses related to Superstorm Sandy and the sale of an aircraft leasing unit.

American International Group Inc. reports a fourth-quarter net loss of $4 billion on losses related to Superstorm Sandy and the sale of an aircraft leasing unit.

PC360 readers appear to like the idea of automatically adding federal flood insurance, with an opt-out provision, to standard homeowner- and commercial property policies, but cited potential pitfalls.

PC360 readers appear to like the idea of automatically adding federal flood insurance, with an opt-out provision, to standard homeowner- and commercial property policies, but cited potential pitfalls.

Farmers Group Inc. has created two new positions and expanded the roles of five senior managers to enable the insurer to more effectively respond to customers and better align its leadership team around its core businesses, according to CEO Jeff Dailey.