Former American International Group executive Charles Williamson has been hired as executive vice president of field operations and corporate development with risk and insurance advisor Crystal & Co.

Some private reinsurers and other groups have falsely and recklessly alleged the Florida Hurricane Catastrophe Fund provides phantom coverage. This misinformation adds nothing to what should be a constructive discussion about how to improve the Florida homeowners insurance market.

Insurers are making substantial investments in underwriting technology, but the carriers must ensure that they are not just adding tools to the process and that the solutions actually improve efficiency.