James River
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Casualty rates in Q3 rose 6.1% driven by increases in commercial auto, energy and excess liability. -
The Insurance Insider US news team runs you through the earnings results for the day.
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The Bermuda carrier brought a winding-up petition earlier in October.
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The reductions reflect a mix of programs being handed off and MGAs proactively switching.
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The two executives join from Markel and Arch, respectively.
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Lisa Binnie will succeed him as president of the company’s specialty admitted segment effective September 1.
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James River said the court was right to dismiss the fraud case.
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The company said the judge overlooked key issues in dismissing its fraud case.
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The carrier’s US redomicile is expected for later this year and brings a one-time $10mn-$13mn benefit.
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The Insurance Insider US news team runs you through the earnings results for the day.
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He will serve as an independent non-executive member.
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The judge ruled the deal relied too heavily on Bermuda law for US law to apply.
