CFO / Financial
Ex-AIG Chief Greenberg Fails to Persuade Judge to Leave Case
Former AIG Inc. Chairman Maurice "Hank" Greenberg lost a second bid to have a judge remove himself from an eight-year-old lawsuit brought by the New York attorney general's office. Greenberg in July ...
How Government Shutdown Will Affect P/C Insurance Industry
The property/casualty insurance industry should not be seriously affected by the federal government shutdown. Since the industry is largely regulated by the states, not Washington, the impact on the ...
Federal Agencies Overseeing Financial Markets to Operate During Shutdown
U.S. oversight of financial markets and institutions will operate largely as usual in the event of a government shutdown because most regulators are funded with independent revenue. An exception ...
SEC Open for Biz During Early Weeks of Shutdown
The U.S. Securities and Exchange Commission would continue reviewing IPO applications and monitoring markets as normal in the early weeks of a government shutdown, but market players are increasingly ...
CFO Pay Change Lags CEOs’ for Non-Bank Financial Services Firms: BDO Analysis
Chief financial officers of non-bank financial services firms saw lower percentage increases in compensation than chief executives in 2012, although the pay hikes for both C-suite positions were ...
On the Regulation and the Facts
There was much coverage last month on the fifth anniversary of the collapse of Lehman Brothers, but it was also the fifth anniversary of the U.S. government's intervention in AIG. While the issues at ...
Looming Accounting Standard Will Add Complexity to Reserve Setting
Urging property/casualty insurance company investors to respond to a request for comment about a proposed accounting standard before the looming deadline, a carrier CFO said the proposal is destined ...