Markets
Genworth May Go Private and is Open to Selling Long-Term Care Unit
Life and mortgage insurer Genworth Financial Inc is considering going private and would be open to selling its long-term care insurance unit, among other strategic options, Chief Executive Tom ...
Allstate’s Esurance is Major League Baseball’s New Exclusive Auto Insurance Partner
Esurance has become Major League Baseball's exclusive auto insurance partner in a multiyear agreement that includes title sponsorship of the sport's new all-digital All- Star balloting. Neither MLB ...
The Hartford’s CEO Sees Tech Investment Spurring ‘Faster Growth’
Hartford Financial Services Group Inc. will continue to invest in technology and software in the months ahead as a part of its growth strategy, Chairman and CEO Christopher Swift said. "We are ...
AIG Signs on Four Firms to Boost Client Cyber Security Services
American International Group forged four new partnerships with cyber security companies in a bid to boost risk mitigation and prevention services for its clients. AIG declined to disclose financial ...
XL Group CEO McGavick: His ‘High Stakes’ Deals Beat the ‘Roadkill’ that Followed
XL Group Plc Chief Executive Officer Mike McGavick said that while he shuns casinos unless he's with his mother-in-law, he's felt lately like he was sitting at a "high stakes table" as he made ...
Zurich Insurance Backs Global Approach to Boost Cyber Security
Oversight that transcends national boundaries is necessary to strengthen cyber security beyond current, outdated policies maintained by individual governments, a new Zurich Insurance ...
Global Regulators’ Influence Over U.S. Insurance Policy Criticized
A member of the U.S. panel charged with preventing another financial crisis said he's concerned that global regulators have too much sway over American policy, especially on insurance. "International ...
Consumers Conditionally Support Commercial Drone Use: Chubb Survey
As businesses and insurance companies alike push for use of commercial drones, consumers themselves only embrace them conditionally, a new Chubb survey found. A small majority – 59 percent of ...