Lexington news

  • AIG names new CEO for North American general insurance

    The company has also tapped an industry veteran as the new CEO of its Lexington franchise

  • Evan Hecht, CEO, The Flood Insurance Agency

    Evan Hecht has been recognized as one of the leading professionals in the US insurance industry by being listed in the 2017 edition of Insurance Business America's Hall of Fame report.

  • Kevin H. Kelley, CEO, Ironshore

    Kevin H. Kelley has been recognized as one of the leading professionals in the US insurance industry by being listed in the 2017 edition of Insurance Business America's Hall of Fame report.

  • Crop insurance agent charged in alleged fraud conspiracy

    Prosecutors say the agent helped farmers inflate crop losses to file phony claims – and then helped them sell the crop

  • Specialty insurance intermediary appoints Marsh exec to construction role

    Marsh VP leaves to become Construction Division AVP

  • Lexington and TFIA talk FloodReady

    Lexington Insurance and The Flood Insurance Agency recently partnered to introduce an innovative new flood insurance product. FloodReady allows policyholders to repair flood-damaged homes with materials that are more flood-resistant – effectively leaving the home better than it was before. IBA recently chatted with executives from The Flood Insurance Agency and Lexington about this innovative product – and the partnership that produced it.

  • Group calls for less NFIP protection, more homebuying

    One group is calling for changes to the NFIP that would give flood victims the option to move to higher ground rather than rebuilding

  • NFP snaps up another insurance brokerage

    One of the country’s biggest privately owned brokers just got a little bigger

  • Deluge of repeat claims for NFIP

    The number of properties reporting a second and even third flood loss has skyrocketed over the last 20 years

  • Matt Power on FloodReady

    One of the insidious things about flood loss is the likelihood of it happening. After all, an area prone to flood once is likely prone to flood again – and in the last 20 years, the number of properties experiencing a second and even third flood loss has risen dramatically. That’s why Lexington Insurance and The Flood Insurance Agency have partnered to introduce FloodReady, an innovative program that allows policyholders