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Lawsuit claims GM unlawfully sold data to insurers collected from 1.5m drivers.
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The executive joined Chubb in 2013 as assistant VP and regional manager.
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Moody’s also predicts losses to the NFIP at less than $300mn.
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The executive brings more than 30 years of industry experience to the role.
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A quick roundup of today’s need-to-know news, including Tradesman’s Rico suit, US CPI, and wildfire risk.
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The downstream market is also starting to soften after a “massive influx” of premium income.
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The complaints are the first effort to crack down on existing suspicions.
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Private broker Q2 Ebitda margins contracted to 26.8% from 29% in Q1 and 27.1% a year ago, according to the survey.
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Manufacturing now accounts for 41.7% of all claims, from 15.2% previously.
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It had planned to non-renew 47,000 DP-3 and 53,000 high-risk homeowners’ policies this year.
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The carrier has made several recent high-level promotions.