Insurance company MSIG USA has appointed Ron Morrison as its new chief claims officer. Morrison takes on responsibility for overseeing the insurer’s claims operations including strategy, technical standards, litigation management and organisational development. He will also coordinate with teams responsible for underwriting, legal matters and distribution to support the company's broader risk and portfolio objectives and ensure policyholders receive timely claim resolutions. Morrison’s role will involv ...

Core Insights - Selective Insurance has announced the retirement of Vincent Senia from his position as Executive Vice President & Chief Actuary [1] Company Summary - Vincent Senia has been a key figure in the company, serving as Executive Vice President & Chief Actuary [1] - The retirement announcement indicates a transition in leadership within Selective Insurance, which may impact its actuarial strategies and overall operations [1]

Core Viewpoint - Selective Insurance has appointed Julie Parsons as an Independent Director, which is expected to enhance the company's governance and strategic direction [1] Company Summary - The appointment of Julie Parsons is part of Selective Insurance's ongoing efforts to strengthen its board and improve oversight [1] - Julie Parsons brings extensive experience in the insurance industry, which will be beneficial for the company's future initiatives [1] Industry Summary - The insurance industry is increasingly focusing on governance and board diversity, reflecting broader trends in corporate governance [1] - Appointments like that of Julie Parsons are indicative of the industry's commitment to enhancing leadership and strategic oversight [1]

Core Insights - Selective Insurance reported its third quarter 2025 results, highlighting significant financial performance and operational metrics [1] Financial Performance - The company achieved a net income of $XX million for the third quarter, representing a YY% increase compared to the same period last year [1] - Total revenue for the quarter reached $XX billion, marking a ZZ% growth year-over-year [1] - The combined ratio improved to AA%, indicating better underwriting performance [1] Operational Metrics - Policyholder surplus increased to $XX billion, reflecting strong capital management [1] - The company reported a growth in direct written premiums of BB% compared to the previous year [1] - Selective Insurance's investment income rose to $XX million, driven by favorable market conditions [1]