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Bill Fahrner most recently served as CUO at Joyn Insurance.
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The Coalition Cyber Threat Index predicts a jump in exploit-based cybercrime this year.
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Twia’s actuarial and underwriting committee made the recommendation last week.
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The company’s book is being run off by Boost Insurance.
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The company would ideally like to target a minority investment.
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A minority view gaining currency is that 2016-19 will not be the only problem.
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A review of commercial lines loss picks for AIG vs the industry
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Enstar acquired 637,640 shares of James River in Q4 last year valued at nearly $6mn.
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Given a number of complexities, the landing zone on a take-out price is small.
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The downgrades reflect Gallatin Point’s recent acquisition of a majority stake in TRUE.
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A hearing with the Florida Office of Insurance is scheduled for February 21.