CEO / Chief Executive
J&J Begins Settling Claims Asserting It Knowingly Sold Defective Hip Implants
Johnson & Johnson has begun settling consumers' claims that it sold artificial hips knowing they were defective, marking the first settlements in the seven-year-old litigation. A federal judge in ...
Senior Democrat Urges Tougher U.S. Response to Cyber Attacks
A senior Democratic senator warned Friday that the U.S. is failing to defend against continuing cyber attacks by China, Russia and other countries, urging the Trump administration to show resolve to ...
When Negative Employee Feedback Leads to Tears, Leaders Need Patience
It's an awkward situation many managers have faced: giving negative feedback to an employee who becomes emotional and cries. Keeping calm and showing empathy can make the situation bearable and even ...
Executives On The Move at Hamilton Insurance Group and Everest Insurance
Hamilton Insurance Group appointed a new executive who will be focused on strategy and corporate development. Everest Insurance hired a vice president focused on marketing and distribution.
AIG Chooses Lyons as Its Next Chief Financial Officer
American International Group has a new chief financial officer. Mark Lyons, a former Arch Capital executive, is taking on the position along with the title of executive vice president after joining ...
UK Can End Brexit If It Wishes, According to EU Top Court Opinion
The U.K. should be allowed to reverse Brexit, according to an advisory opinion from the European Union's top court that will fuel the campaign to thwart the divorce. The opinion, which isn't binding, ...
The Hartford Acquires Y-Risk, an MGA Focused on the Sharing Economy
The Hartford has acquired Y-Risk, a managing general underwriter focused on the sharing and on-demand economy, from Allstar Financial Group Inc. Neither side is disclosing financial terms. Y-Risk ...
Allianz, Mitsui Sumitomo Reportedly Finalists in Bid for Malaysia Auto Insurer
Allianz Malaysia Bhd. and Mitsui Sumitomo Insurance Co. have been shortlisted to proceed to the next round of bidding for AmGeneral Insurance Bhd., in a deal that could value Malaysia's ...
Applied Systems, Others Pursue Risky Practice of Acquiring Incremental Debt
First the companies tapped the loan market. Not long after that, they came back for more. Corporations like Bausch Health Cos., a drugmaker, telecom provider Sprint Corp. and Applied Systems Inc., an ...