Commercial Lines
At Nearly $21M, AIG CEO Duperreault’s 2018 Paycheck Is Half the Previous Year’s
Insurer American International Group Inc said on Tuesday it paid Chief Executive Officer Brian Duperreault $20.9 million in 2018 while also outlining a series of reforms to its pay practices in the ...
Tokio Marine HCC Snatches Up NAS Insurance Services for Undisclosed Price
Tokio Marine HCC has acquired NAS Insurance Services, LLC, a specialty insurance underwriter focused on cyber and professional liability . Neither side is disclosing financial details. NAS is a ...
Listening to the Market: Insurance Products That Fit Today’s Customer Needs and Demands
Presented by Majesco
The case for innovative insurance products How many cell phones have you owned? Computers? Cars? Appliances? Televisions? Do you still...
Rockefeller Foundation Plans to Wind Down Climate Resilience Push
The Rockefeller Foundation will end funding and dismiss the staff at its 100 Resilient Cities program, the largest privately funded climate-adaptation initiative in the U.S., the foundation announced ...
Uber’s Co-Founder, Board Win Dismissal of Investor Trade Secret Suit
Travis Kalanick, the co-founder of ride-hailing company Uber, and the company's directors won the dismissal of an investor lawsuit that sought to hold them liable for a fight over trade secrets that ...
The Challenges Go On for U.S. Commercial Auto in 2019: A.M. Best
Expect U.S. commercial auto insurance to improve somewhat in 2019 even as A.M. Best maintains its negative outlook for the sector over the next year. That split forecast stems from commercial auto ...
Executives On The Move at Sompo International and AXA XL
Sompo International promoted a long-time executive in a branch of its commercial property/casualty business. A long-time executive affiliated with AXA XL is stepping down from one of its divisions to ...
More Brexit Chaos as UK Parliament Rejects Four Alternative Plans
Britain was no nearer to resolving the chaos surrounding its departure from the European Union after parliament failed on Monday to find a majority of its own for any alternative to Prime Minister ...
Ex-Wells Fargo Official to Join AIG in Security Leadership Role; Three Nominated to Board
American International Group, Inc. hired a former Wells Fargo & Company executive and government security official in a leadership role, and separately nominated three new board members. Rich ...