CEO / Chief Executive
D&O Lawsuits by FDIC on Fast Pace: Cornerstone Research
This year's Federal Deposit Insurance Corp. (FDIC) litigation over failed financial institutions is already exceeding that of the previous three years. According to a new report by Cornerstone ...
SEC Unveils CEO-to-Worker Pay Ratio Rule
U.S. corporations will need to disclose how their chief executive officers' paychecks compare with those of their workers under a proposal unveiled on Wednesday by the U.S. Securities and Exchange ...Corzine Masterminded ‘Scheme’ at MF Global, New Trustee Says; D&O Insurance Intact?
Jon Corzine, the former head of MF Global Holdings Ltd., masterminded a scheme to inflate earnings that led to the eighth-biggest bankruptcy in U.S. history, according to an updated lawsuit filed by ...
Gates, Buffett Top Forbes Rich List Again as Young Wealthy Play Catch Up
The richest 400 Americans are significantly richer in 2013 than they were last year and younger Americans are accumulating wealth at a faster clip than their baby boomer counterparts, according to ...
AXA’s CEO Invites Fed Taper as End of ‘Financial Repression’
AXA SA Chief Executive Officer Henri de Castries said France's largest insurer would welcome steps the U.S. Federal Reserve to scale back monthly asset purchases that have depressed bond yields. "One ...
Zurich Delayed Ad Campaign Launching
By rolling out television, print and billboard marketing campaigns on Monday, Zurich Insurance is aiming to advertise business as usual after a suicide and resignation in the Swiss insurer's top ...
XL’s Seraina Maag: Building a Culture of Collaboration
"Work-Outs" and "Rapid Results Initiatives" are now a natural part of the language of the U.S. insurance professionals working for XL Group, where a culture of collaboration has taken hold over the ...
Critics Take Aim at Crop Insurance Subsidies, Insurers’ Profits
Former American International Group Inc. chief Maurice "Hank" Greenberg has a new business partner: the U.S. taxpayer. Greenberg's Starr Indemnity & Liability Co. is one of 18 companies approved ...