CEO / Chief Executive
Yahoo COO de Castro Axed After 14 Months on Job
Yahoo! Inc. Chief Executive Officer Marissa Mayer dismissed Chief Operating Officer Henrique de Castro after 14 months, amid disappointment with his efforts to boost growth, according to people with ...
Brown & Brown to Acquire Flood, Specialty Insurer Wright Insurance Group
Florida-based national insurance broker Brown & Brown, Inc. has agreed to acquire The Wright Insurance Group, LLC for $602.5 million from Aquiline Capital Partners, Wright's lead equity partner. ...
U.N. Report Outlines Climate Change Solutions
Governments may have to extract vast amounts of greenhouse gases from the air by 2100 to achieve a target for limiting global warming, backed by trillion-dollar shifts towards clean energy, a draft ...
Desjardins Group to Acquire State Farm Canada Businesses
Desjardins Group, the leading cooperative financial group in Canada, announced Wednesday that it has entered into a definitive agreement to purchase State Farm Canada's property/casualty and life ...
U.S. P/C Insurers Face Challenge in 2014 Trying to Match 2013 Performance
The U.S. property/casualty insurance industry reported strong performance in 2013, but in 2014, the industry may find it difficult to match last year's results as insurers begin to face more ...
Inadequate Shareholder Disclosure and Other Killer Risks
While most of the killer risks that can torpedo a company exist within the walls of the organization, the deadliest—in terms of its hidden impact—relates to external communications, a risk expert ...
Why American Financial is Buying Summit; Execs Reveal Deal Benefits
The ability to use cash for investments is one of the reasons executives of American Financial Group gave for paying $250 million for some former Liberty Mutual workers compensation units last week. ...AIG Extends Tax Asset Protection Plan by 3 Years
American International Group Inc. extended by almost three years a plan designed to protect the value of deferred tax assets that limit payments to the government that bailed out the insurer. The ...