American International Group Inc. said it will now use AIG as the name for all of its global property/casualty operations, including Chartis, in most locations, and that the company’s life and retirement segment is now AIG Life and Retirement. As …
San Diego, CA, 08/29/12 – The Insurance Brokers & Agents of San Diego along with the Insurance Industry Charitable Foundation of San Diego will be hosting a lunch discussion on September 19, 2012 with guest speaker Reginald King, the West …
Chartis announced that its Programs Division is expanding its relationship with program administrator All Risks, Ltd. to include a comprehensive program for the temporary staffing industry. The program provides general liability, professional liability, employment practices liability and other coverages specifically …
American International Group, Inc. announced that Chartis, its global property casualty business, has placed its claims and operations and systems (O&S) organizations under a single management team to improve customer service, capitalize on the shared strategic initiatives of the two …
Popping up in metro areas across the country, popular food trucks have triggered festivals, a reality show, even lawsuits. Food truck operators have filed lawsuits in Georgia, New York and California protesting bans on mobile eateries, while brick and by …
Chartis today announced that it has entered into a reinsurance transaction with Compass Re, which will provide $575 million of protection to Chartis against U.S. hurricanes and earthquakes. This represents a substantial increase from the $275 million of protection originally …
Bailed-out insurer American International Group is unlikely to add to reserves in the current quarter, though investors may not be convinced the reserves are adequate, Barclays Capital said Tuesday. Barclays analyst Jay Gelb, in a note to clients, said he …
ReputationGuard, an insurance policy providing innovative coverage to help policyholders cope with reputational threats has been developed by Chartis’ Executive Liability division. The policy delivers the benefit of both access to world-class reputation and crisis communications professionals as well as …
Lexington Insurance Company, a Chartis company, announced its spoliation insurance endorsement will be offered to a broad array of insureds, including lawyers, accountants, testing facilities, and document and property storage facilities. Lexington first provided coverage for spoliation claims as an …
The bulk of Chartis’ legacy asbestos liabilities will be transferred to National Indemnity Company (NICO), a subsidiary of Berkshire Hathaway Inc., as part of Chartis’ ongoing strategy to de-risk, Chartis announced. The transaction with NICO covers potentially volatile U.S.-related asbestos …