Atlas Reinsurance Reports

Published on January 15, 2025
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Carbon Underwriting appoints veteran Alex Poracchia as CFO

January 15, 2025
Carbon Underwriting, a specialist independent managing general underwriter (MGU) and Lloyd’s syndicate, has announced the appointment of Alex Poracchia as its new Chief Financial Officer (CFO), effective immediately.In his new role, Poracchia will lead Carbon’s global financial operations and play a key role in strengthening the company’s capabilities as the business continues to evolve and elevat

State Farm reports over 6,700 claims from LA wildfires

January 15, 2025
Auto and homeowners insurer State Farm has received more than 6,700 home and auto claims, as of the morning of January 14th, 2025, from damages related to the recent wildfires in Los Angeles, California.State Farm remains the largest insurer group in the State of California, serving more than 8 million policies and accounts. The insurer has been in the state since 1928, and currently insures 250,0