ALLSTATE INSURANCE COMPANY LOGO

Allstate Creates Standalone Telematics Unit

Allstate Corp. Chief Executive Officer Tom Wilson created a stand-alone unit for a telematics business that he expects to grow rapidly by collecting data on drivers and selling analytics products to ...
AIG_PRI_pms2995

As Promised, AIG Scales Back Hedge Fund Investments

American International Group Inc. reduced bets on event-driven and long-short strategies as the insurer scaled back hedge fund investments. Event-driven holdings were cut 41 percent to $700 million, ...