CEO / Chief Executive
SEC Presses Berkshire for More Data On Insurance Cat Losses
Warren Buffett's Berkshire Hathaway Inc. is providing more data about claims costs at insurance units after the U.S. Securities and Exchange Commission pressed the company for the information. We ...
U.S. CEOs See More Hiring, Improved Sales in Next 6 Months: Survey
U.S. chief executives expect to hire more workers in the next six months and that sales will improve modestly, a tepid if slightly optimistic reading of the U.S. economy, a Business Roundtable survey ...
Fear of Stimulus Slowing by Federal Reserve Stalks World Economy: Cutting Research
The world economy should brace itself for a slowing of stimulus by the Federal Reserve if history is any guide. Any tapering in the Fed's $85 billion-a-month asset- purchasing program will hurt ...Federal Insurance Regulator Releases Annual Report
The U.S. Department of the Treasury's Federal Insurance Office (FIO) today released its annual report on the insurance industry to the President and Congress. Under the Dodd-Frank Wall Street Reform ...
New York City Proposes $20B ‘Resiliency’ Plan to Handle Rising Sea Levels, Temperatures
New York Mayor Michael Bloomberg on Tuesday announced a $20 billion plan to prepare for rising sea levels and hotter summers expected as a result of climate change in the coming decades. The plan, ...
When Bailouts Make Moral and Economic Sense: Friedman & McNeill
Effective or not, bailouts somehow seem unjust. Why use taxpayer money to save the companies that actually caused the meltdown, the banks that made the reckless loans, and insurance companies that ...AIG CEO Benmosche Names Doyle, Sankaran to Executive Team
American International Group Inc. added John Doyle and Sid Sankaran to the insurer's executive group as Chief Executive Office Robert Benmosche narrows the company's focus after repaying a U.S. ...
Is P/C Industry Overcapitalized? Maybe Not, Carrier CEO Says
The chairman and CEO of a specialty property/casualty insurance carrier called into question the notion that the industry is overcapitalized on last week, pointing to the changing nature of volatile ...