Warren Buffett Gives $2B to Gates Foundation

Warren Buffett, the second-richest person in the U.S., made his largest single charitable contribution with a gift of $2.1 billion to the Bill and Melinda Gates Foundation as he seeks to encourage ...

AIG’s Hancock to Get $11.8M Pay Package as CEO

American International Group Inc.'s Peter Hancock will get a compensation package of $11.8 million a year as the insurer's new chief executive officer. The short-term incentive will be $3.2 million ...

Computers Writing Earnings Reports

Unless you follow me on Twitter (@SSCLAF or @CarrierMgmt), you probably missed what I viewed as one of the recent highlights of the IICF Women in Insurance Regional Forum. There was lots of good ...

Deal Analysis: Why Validus Is Buying Western World

The combination of Validus Holdings and Western World Insurance Group fills in "missing pieces" for both organizations, Validus' chairman said Tuesday, detailing finer points of a $690 million deal ...