CEO / Chief Executive
SEC Chair White Vows Big Fines to Punish Wrongdoers
The head of the U.S. Securities and Exchange Commission warned that her agency will aggressively use its powers to fine wrongdoers and is seeking other creative ways to hold companies and individuals ...
Berkshire Seen as Just One More Competitor to E&S Execs
Despite Berkshire-Hathaway's entrance into specialty insurance business, standard markets are still the players most capable of changing the dynamics of the surplus lines market, executives said ...
Aon Announces Leadership Appointments at Benfield, ARS
Aon plc today announced the appointment of Eric Andersen as CEO of Aon Benfield, the firm's reinsurance business, and Mike O'Connor as CEO of Aon Risk Solutions (ARS), the firm's risk management ...
ProAssurance to Acquire Workers’ Comp Specialist Eastern Holdings
Medical professional liability insurer ProAssurance Corp. (NYSE: PRA) said it is acquiring monoline workers' compensation insurer Eastern Insurance Holdings Inc. (NASDAQ: EIHI) in an all-cash ...
Fidelity Demands Companies Make Exec Pay Plans Longer Term
One of the biggest investors in European companies says it will start voting against boardroom pay plans next year unless firms force executives to hold shares more than three years before cashing ...
Newsmaker: BlackBerry Savior Watsa, an Investor with a Long View
As soon as Prem Watsa stepped down from BlackBerry's board in August, speculation that he would launch a bid for the troubled smartphone maker started to swirl. Six weeks later, the man some call ...
Two Voted Against Designating Prudential As Systemic Risk
Prudential Financial Inc., the second-largest U.S. life insurer, was designated systemically important in a 7-to-2 vote by a council of regulators charged with preventing another crisis. Edward ...
Berkshire Hathaway Keeps Minting Billionaires, Philanthropists
Stewart Horejsi's business was in a funk. It was 1980, and Brown Welding Supply LLC, his family's third-generation distributor of hydrogen and oxygen tanks, was battling competitors that were intent ...