Strategy
AIG’s Hancock Discusses Labor Moves to Philippines, Texas
American International Group Inc., the largest commercial insurer in the U.S. and Canada, is shifting workers to locations including the Philippines and Texas to reduce costs. "We're talking several ...
Judge Quashes Bid By Ex-AIG CEO Greenberg to Dismiss Civil Suit
A New York state judge has rejected a request by Maurice "Hank" Greenberg, the former American International Group Inc chief executive officer, to dismiss a long-running civil lawsuit by the state's ...
Here’s One Theory About What Drives CEO Pay
Pay for globe-trotting CEOs has soared to new heights, even as most workers remain grounded by paychecks that are barely budging. While pay for the typical CEO of a company in the Standard & ...
AIG’s Rehab Continues With Improved S&P Outlook
The rehabilitation of American International Group Inc. continues with news that Standard & Poor's Ratings Services has improved its outlook for the insurance conglomerate. Two years after AIG ...
FTC Urges Congress To Lift Veil on Data Broker Activity
Companies known as data brokers collect and sell information about "nearly all" U.S. consumers, drawing potentially harmful conclusions about them largely without their knowledge, U.S. regulators ...
Opinion: Risk Versus Reward In The ‘Internet of Things’
I hope it's not true that Apple's next big bet will be on the "Internet of things." The concept is a useless and dangerous one, and now Apple's powerful marketing machine may join Google's in selling ...
Munich Re Plans IT-Based Coverage For Unanticipated Construction Costs
Munich Re will work with a German specialty software giant to develop what it bills as the first global IT-based insurance product for large construction projects to handle unplanned expenses. A ...
El Nino Threat Spurs Asian Governments Into Action
Asia's governments are scrambling to head off the potential impact of a weather phenomenon that in the past has driven food prices to levels that sparked social unrest. With lessons learned, ...