Warren Buffett Gives $2B to Gates Foundation

Warren Buffett, the second-richest person in the U.S., made his largest single charitable contribution with a gift of $2.1 billion to the Bill and Melinda Gates Foundation as he seeks to encourage ...

Google Glass: An Insurer’s Secret Weapon?

In just a few years, adjusters may no longer be saddled with multiple devices for appraising damage, according to a recent industry white paper. Instead, one device alone will serve as a camera, tape ...

Andrew Carrier Jumps from Argo to Everest Re

Bermuda holding company Everest Re Group Ltd. is bringing on Andrew Carrier as the new president of Everest Advisors, U.K. and general manager of European Operations. Carrier was most recently chief ...

AIG’s Hancock to Get $11.8M Pay Package as CEO

American International Group Inc.'s Peter Hancock will get a compensation package of $11.8 million a year as the insurer's new chief executive officer. The short-term incentive will be $3.2 million ...