CEO / Chief Executive
Zurich Net Income Grows by Double Digits; Restructuring Program on Track
Zurich Insurance says its restructuring program is on track to achieve its goals over the next few years, continuing its work on cutting expenses, stabilizing its property and casualty business and ...
Takata Hopes Latest U.S. Bankruptcy Filing Will Pause Air Bag Lawsuits
Japanese auto supplier Takata Corp filed for U.S. bankruptcy protection on Wednesday in an effort to pause lawsuits against the company over faulty air bag inflators - more than a month after its ...
AmTrust’s Stock Plunges More Than 10% After a Mixed Q2
Investors drove AmTrust Financial Services' stock price down more than 10 percent on Aug. 9 after the New York-based insurer disclosed mixed second-quarter financial results. The Nasdaq stock price ...
Industry Relevance and Expertise Are ‘Ours to Lose,’ Says Catlin
After 44 years in the insurance business, Stephen Catlin is retiring at the end of 2017. While he'll be retiring from his role as executive deputy chairman of XL Group, he emphasizes that he won't be ...
Smaller Businesses Less Happy With Their Insurance: J.D. Power
Not all small businesses are the same when it comes to customer satisfaction with their commercial insurance. There are actually widening satisfaction gaps among small businesses of different sizes, ...
State Auto’s Q2 Results Include Improved Income and Combined Ratio
State Auto Financial Corp.'s latest financial results appear to be a step in the right direction. The Columbus, Ohio-based super regional insurer reported 2017 second quarter net income of $8.7 ...
Generali Will Sell Panama Business to ASSA for $172M
Generali has entered into an agreement to sell its Panama business to ASSA Compañía de Seguros S.A., for $172 million, continuing its strategy to focus on core businesses. Under the transaction, ...
Another Wells Fargo Lawsuit, This Time Over Merchant Credit Card Fees
A Wells Fargo Bank joint venture that provides credit card processing services to merchants across the country has been hit with a lawsuit accusing it of using misleading sales tactics and ...