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The payment will cover what the filing called “foregone incentives at his former employer”. -
The PE firm held 3.1% of the company’s shares, but will now hold none.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The city said it was self-insured at the time of the attack.
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The peril has been historically difficult to model compared to others.
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Paddy Jago was also chairman at Willis Re and North America CEO for P&C at Aon.
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Sizable reserve releases offsetting casualty reserve charges cannot last forever.
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Habayeb will start next May following Kociancic's retirement.
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Insurers with SCS exposure reaped fewer benefits but still improved over Q3 2024.
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Casualty rate increases largely stabilized in Q2 and Q3 at 5%-10% for general liability.
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Similar bills targeting fossil fuel firms have been introduced in other states.
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