Leadership & Strategy
Penn State Settles First of Sandusky Sex Abuse Lawsuits
Pennsylvania State University agreed to settle the first of 31 suits filed in the sex-abuse scandal involving ex-football coach Jerry Sandusky, with about 25 more set to settle, lawyers in the ...
Loeb’s Third Point Reinsurer Advances After $276 Million IPO
Third Point Reinsurance Ltd., which counts billionaire hedge-fund manager Daniel Loeb as a founding shareholder, advanced in its trading debut after raising $276 million in an initial public ...
Free Work Entices Businesses to Hire Long-Term Unemployed
After conducting almost 10,000 job interviews during 10 years as a human resources manager, Tom Kaminski says he thought he knew enough about the labor market to keep his own bout of unemployment ...
Zurich Insurance Q2 Profit Drops After Natural Disaster Losses
Zurich Insurance Group AG, the biggest Swiss insurer, said the target for its general insurance business was "challenging" after natural catastrophe losses cut second-quarter profit by 27 percent. ...
Best-Paid Women in S&P 500 Settle for Less with 18% Gender Gap
Even the few women who've managed to advance to the C-suite don't get equal pay. Last year, of the five best-paid executives at each of the Standard & Poor's 500 Index companies, 198 were women, ...
Allied World Europe Invests In London-Based MGA
Allied World Assurance Company Holdings, AG announced Wednesday that Allied World Assurance Holdings (Ireland) Ltd entered into an agreement with Gravity Underwriting Limited whereby Allied World ...
Third Point Re Investors Betting on Loeb, Smart Underwriting
Investors in Third Point Reinsurance Ltd.'s initial public offering are betting on billionaire hedge fund manager Daniel Loeb. They're also taking on risk from an unprofitable underwriting operation. ...
U.S. Regulator Wants Auditors to Add Commentary, Not Analysis
Auditors know a lot about what lurks between the extremes of "pass" or "fail" - the only grades they are now permitted to assign to corporate financial statements - and the U.S. board that oversees ...