CEO / Chief Executive
Progressive CEO Glenn Renwick Is Retiring; COO Tricia Griffith Will Succeed Him
Progressive Corp. President and CEO Glenn Renwick will retire on July 1 after 15 years leading the iconic property/casualty insurer, and 30 years with the company itself. His replacement is already ...
Zurich Insurance Shares Soar After Q1 Profit Surpasses Expectations
Shares of Zurich Insurance Group AG headed for the biggest gain in more than four years after Switzerland's biggest insurer posted a first-quarter profit that beat analyst expectations. The stock ...
AIG Chairman: P/C and Life Insurance Operations Have Place at Company
American International Group Inc., which is shrinking under pressure from activist investors, is committed to retaining operations in both life insurance and property-casualty coverage, Chairman Doug ...
Unlike Buffett, S&P Sees ‘Considerable’ Climate Change Impact for Insurers
While the overall impact of climate change on the insurance industry is difficult to quantify, the multilayered effects of regulation, reputation and litigation will be "considerable" over the long ...
Workers Comp Market Further Improves Profit and Health in 2015: NCCI
The workers' compensation market is healthy and profitable. This year's "State of the Line" report, published by the National Council of Compensation Insurance (NCCI), indicates that the workers' ...
Report: AIG Eying $4B Valuation for Mortgage Unit IPO
American International Group Inc.'s mortgage insurer, United Guaranty Corp., is seeking to raise about $700 million to $800 million as it sells shares to the public, according to people familiar with ...
Chubb CEO Greenberg Rolls Out Welcome Mat for High Net Worth Competitors
Estimating that the high-net-worth (HNW) personal lines market has more than $30 billion worth of business up for grabs, and the small commercial lines market, another $80 billion, Chubb Limited CEO ...
Fiat, Google Team Up on Self-Driving Minivan Fleet
Fiat Chrysler Automobiles NV and Alphabet Inc.'s Google plan to develop about 100 self-driving prototypes based on the carmaker's Pacifica minivan, the companies said Tuesday. The collaboration is ...