Chad Hemenway

About the Author

Chad Hemenway

Chad Hemenway is Senior Editor-Markets for PropertyCasualty360.com. He also contributes regularly to National Underwriter Property & Casualty magazine. Chad has been a journalist, working at weekly and daily publications, since 2000 and has been covering insurance news since 2007. Prior to National Underwriter, he worked at A.M. Best Co. Today, he focuses mainly on the E&S/Specialty market but has experience writing about all lines of P&C insurance as well as regulation and litigation. He may be reached at chemenway@sbmedia.com.

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  Hartford at a loss after Q3 accounting error

  By Chad Hemenway  |  March 4, 2013

  The Hartford Financial Services Group snafu puts the company in the red for 2012.

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  AIG Adds $1.5B to Government Payback

  By Chad Hemenway, PropertyCasualty360.com  |  March 23, 2012

  American International Group Inc.’s (AIG) remaining debt to the U.S. government is about $45 billion after paying an additional $1.5 billion to the U.S. Treasury Department, the company says.

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  Hartford's 4Q Profit Tumbles 79%

  By Chad Hemenway, PropertyCasualty360.com, Bill Coffin  |  February 8, 2012

  The Hartford's 4Q profit takes a hard hit over this time last year, while the company continues to struggle with splitting its life and P&C companies.

• Six Dead as Sunken Carnival Cruise Ship Creates Waves

  By Chad Hemenway, PropertyCasualty360.com  |  January 16, 2012

  At least six people died among the more than 4,200 passengers and crew who were ordered to abandon ship as the vessel began taking on water after its hull was ripped open by rocks near the island of Giglio.

• Illinois Names Wagner Acting Director of Insurance

  By Chad Hemenway, PropertyCasualty360.com  |  January 5, 2012

  Robert E. Wagner has been named Illinois’ third acting director of insurance since former director Michael McRaith left to become the lead the Federal Insurance Office.

• Rep. Riesberg Named Colorado Insurance Commissioner

  By Chad Hemenway  |  June 28, 2011

  Rep. Jim Riesberg will resign his seat in the Colorado General Assembly to become the state's new insurance commissioner.

• AIG Pays Treasury $6.9 Billion

  By Chad Hemenway  |  March 9, 2011

  American International Group Inc. says it has used cash it raised recently by selling MetLife Inc. stock to pay the U.S. Treasury Department $6.9 billion.

• AIG Arranges $4.3 Billion in Bank Credit

  By Chad Hemenway  |  December 28, 2010

  American International Group Inc. says it has obtained $4.3 billion in credit from 36 banks.

• AIG Prepares Capital Markets Access

  By Chad Hemenway  |  November 18, 2010

  American International Group has submitted financial statements the Securities and Exchange Commission in preparation for its plans to regain access to the capital markets.

• AIG Insurers Settle Derivative Claims Suit against Greenberg

  By Chad Hemenway  |  August 30, 2010

  Former American International Group Inc. Chief Executive Maurice "Hank" Greenberg and the company's former chief financial officer will get $60 million from AIG's insurers as part of a proposed settlement.