Craig R. Smiddy, president and CEO of Old Republic International, said that since joining BITCO in 2023, Lehman has contributed to growth, profitability, and operational efficiency, and that his leadership will help maintain continuity as the company continues to serve agents, brokers, and customers with specialized insurance solutions.
Background and dispute over coverage Kaufman was hired by JM Family Enterprises to build a corporate campus in South Florida. The project included multiple office buildings, a dining hall, a parking garage, and a central energy plant. By October 2020, some of the structures were completed, and JM Family had begun using them. However, additional…
Sexton outlined the internal factors boards must watch, including “changes to products, services or geographic footprint,” “rapid growth that creates new, large exposures” and “key person turnover or increased turnover across the firm.” External factors, he said, include “macroeconomic shocks,” “legal, regulatory or political environment” and “disruptive technologies.” Source link
The expansion is a centerpiece of Lara’s “Sustainable Insurance Strategy,” a broad effort to stabilize California’s fractured insurance market amid mounting climate-related losses. In recent years, major carriers have pulled back from insuring properties in wildfire-prone regions, citing escalating claims and regulatory constraints. The FAIR Plan – intended as a backstop for those unable to…
