Brand Management & Sales
Australia’s Wesfarmers to Sell Insurance Brokerage to Arthur J. Gallagher
Perth, Australia-based conglomerate Wesfarmers has agreed to sell the insurance brokerage and premium funding operations of its Insurance division to subsidiaries of U.S.-based broker Arthur J. ...
AIG Challenges New York Regulator’s Authority Over Sales to Multinationals
American International Group Inc. sued to block New York's top financial regulator, Benjamin Lawsky, from fining it over marketing insurance overseas without a state license, claiming it would be ...
Cyber Insurance Not Just for Financial Firms, Retail Clients Anymore: Marsh
In its latest report on benchmarking trends in the cyber insurance, broker Marsh reveals that while high-profile breaches in the retail sector may be one factor sparking demand, increases in ...
Alibaba’s Blueprint for E-Commerce Empire Includes Insurance, Mutual Funds
Alibaba, the world's biggest e-commerce company, changed how China shops. Now the man driving its blockbuster U.S. stock sale wants to transform the rest of the country's services industry, adding ...
GM Hires Feinberg to Handle Recall; CEO Barra Testifies Before Congress
General Motors Co. has retained Kenneth Feinberg, who supervised claims funds after the BP Plc oil spill and other calamities, as a consultant to explore options for families of accident victims ...
Hard-Hit Millennials Miss Out on Recovery Enjoyed by Older Americans
The damage inflicted on U.S. households by the collapse of the housing market and recession wasn't evenly distributed. Just ask Jason and Jessica Alinen. The couple, who lives near Seattle, declared ...
China Orders Insurers to Halt Sales of Smog Insurance
Chinese regulators have told the country's two largest insurers to stop selling coverage against smog, a week after such policies were launched, the China Daily reported. The newspaper did not say ...
GEICO’s Advertising Spending Slows But Still Tops $1B: SNL
GEICO, with its Gecko and Maxwell the pig mascots, has been the leader in advertising spending among U.S. property/casualty insurers for at least five years through 2013, according to SNL. GEICO is ...