CEO / Chief Executive
Bunker, a Small Business Digital Insurance Marketplace, Raises $6M Series A
Bunker, a startup broker focused on independent contractors and small businesses, has raised $6 million in Series A funding that will help fuel product development and expansion. Hiscox and American ...
French Insurer AXA Moves to Cut Stake in AllianceBernstein With U.S. IPO
A week after Axa SA ousted Peter Kraus from its AllianceBernstein Holding LP unit, the French insurer is taking steps to reduce its financial investment in the money manager to raise cash for deals. ...
AIA CEO Leigh Ann Pusey to Depart for Leadership Role at Eli Lilly
Leigh Ann Pusey, longtime leader of the American Insurance Association, plans to depart in June for an executive role with the pharmaceutical giant Eli Lilly and Co. Pusey has led the AIA since 2009, ...
CEOs: Do Your Job
I read with interest United Airlines CEO Oscar Munoz's mea culpa—an open letter to the public—regarding the passenger being injured and dragged off a plane in April. It was splendid prose. Don't ...
AmTrust Spent More than $33M to Clean Up Accounting Issues
AmTrust Financial released its 2017 Q1 earnings statement on May 8, after pursuing an audit and having to restate a few years of earnings due to financial reporting concerns. Cleaning up its ...
Warren Buffett: ‘If I Die Tonight, I Think the Stock Would Go Up Tomorrow’
Warren Buffett, the billionaire chairman and chief executive officer of Berkshire Hathaway Inc., assured shareholders that they'll be fine after he's gone. "If I die tonight, I think the stock would ...
Munger Sees Danger, Opportunity in Berkshire Hathaway’s $10.2B AIG Deal
Charles Munger, the vice chairman of Warren Buffett's Berkshire Hathaway Inc., said the decision to take on insurance liabilities from American International Group Inc. offers plenty of risk, and ...
State Farm to Displace 4,200 Workers and Exit 11 Locations
State Farm Mutual Automobile Insurance Co., the largest U.S. home and auto insurer, plans to shut 11 U.S. facilities, displacing about 4,200 workers, after a $7 billion annual underwriting loss last ...