Most-read stories for the week include articles on Centene executives backing the Affordable Care Act's risk-adjustment program and a former Kingsway Financial executive now leading the entity that is buying the company's nonstandard U.S. auto business.
Industry vet taking on nonstandard auto turnaround in Kingsway deal
A longtime insurance industry executive who Kingsway Financial Services Inc. hired in 2016 to help improve its underwriting results leads the entity that will buy the Toronto-based company's recently ailing U.S. nonstandard auto business.
RenRe CEO 'confused' by gloominess over reinsurance rates
RenaissanceRe Holdings Ltd. CEO Kevin O'Donnell is "confused" by the reinsurance market's current pessimism about the prices being charged for cover.
Centene backs risk-adjustment program as designed
Centene Corp. will continue to support the Affordable Care Act risk-adjustment program as it was originally designed even though its suspension has led to better quarterly financial results.
Auto insurance recovery seems well underway
Most of the largest U.S. private-passenger auto insurers have yet to report second-quarter earnings, but results posted by Progressive Corp. and Travelers Cos. Inc. provide plenty of reason of encouragement for what is to come.
Scor execs: London restructure aimed at spurring growth, not fixing problems
Scor SE's recent combination of its Lloyd's of London business and its non-Lloyd's London specialty business was done to achieve growth rather than fix problems, the reinsurer's nonlife management said.