CEO / Chief Executive
Confident, Motivated Women in Insurance Need Male Mentors: Research
Two recently released studies of insurance industry leadership reveal some positive trends on gender diversity measures. But executive teams still have few women, researchers say, concluding that the ...
New SEC Rule: Companies Must Report CEO-to-Worker Pay Ratio
The U.S. Securities and Exchange Commission approved a rule Wednesday requiring companies to reveal the pay gap between the chief executive officer and their typical worker, handing a new weapon to ...
Allstate’s Wilson Cites Esurance Improvements, But Struggles Remain
For Allstate, the bid to make its online auto and home insurance provider Esurance a profitable endeavor remains a long-term goal. But the 2015 second quarter showed some moderate progress. Esurance ...
Travelers CEO Fishman, and Schnitzer, His Successor, Reassure Investors
Departing Travelers CEO Jay Fishman and his designated successor, Alan Schnitzer insist that that the change won't be wrenching, and that the property/casualty insurance giant will experience a ...
Warren Buffett’s 50th Year Running Berkshire Hathaway Marred By Stock Slump
Berkshire Hathaway Inc. shares traded near record highs at the beginning of Warren Buffett's 50th year running the company. More recently, the stock has begun to sag. Shares have slumped 5.2 percent ...
Global Insurance Forum Rewind: Underwriters Lead Industry Renaissance, McGavick Says
There is a renaissance happening in the property/casualty insurance industry, and underwriters are at the forefront of the shift back to relevance, according to the leader of XL Catlin. Michael ...
Travelers’ Fishman, Suffering From ALS, Will Step Down as CEO Dec. 1
Jay Fishman is stepping down as CEO of The Travelers Companies on Dec. 1, due to a neurodegenerative condition that appears to be a form of ALS. Alan Schnitzer is set to replace him as chief ...
AIG Focuses on Japan Integration Plan, Putting More M&A On Hold For Now
American International Group Inc. plans to sit out the unprecedented wave of insurance industry dealmaking and instead focus on integrating businesses in Japan. The timetable for merging AIU with ...