News

Sword Insurance, a provider of software and services to the property & casualty insurance industry, announces the completion of its previously announced acquisition by Thomas H. Lee Partners, L.P. Dowling Capital Partners I, L.P. was a co-investor in the transaction. Additional terms of the transaction were not disclosed....

A New Jersey court and the American Cancer Society both weigh in on the dangers of sitting around.

Fireman’s Fund says CEO Michael LaRocco has left the company to pursue other professional opportunities and has been replaced by Lori Dickerson Fouché.

Premium growth is expected to continue throughout 2011 as the global economy recovers; however, the industry may be challenged by reserve adequacy issues, stricter regulations and rising combined ratios, according to a new report.

Reinsurance renewals for the worst-impacted catastrophe property risks experienced sharp increases for June and July, but ample capacity remains in the market, according to an Aon Benfield report.

Buena Park, Calif.-based Freeway Insurance, a provider of non-standard auto insurance and a subsidiary of New York-based Confie Seguros, has announced Joseph Waked as its new chief executive officer, replacing John Klaeb, who was named chairman.