Personal Lines
AIG CEO Duperreault’s $43M Pay Package Gains Shareholder Approval
American International Group Inc said shareholders approved a $43.1 million pay package for 2017 for Chief Executive Officer Brian Duperreault during the company's annual meeting on Wednesday. A ...
Insurers, Other Investors Ignoring #MeToo Risks Among Fund Managers
Investors are failing to ask fund managers about sexual misconduct claims and discovering such evidence wouldn't necessarily deter them from committing capital to firms, an industry group found. In ...
Zurich Insurance CFO Quinn: ‘We Don’t Exist to Do M&A’
Zurich Insurance has no plans for a big merger, it said on Wednesday, despite speculation of a pick-up in dealmaking in the industry and that the Swiss company could get involved. The insurer's ...
Nationwide Makes Strategic Investment in InsurTech Startup Betterview
Nationwide said its venture arm has made a strategic investment in Betterview, a machine learning InsurTech startup that focuses on capturing and analyzing data from drones, satellite and other ...
Europe’s Regulators Say They Aren’t Ready for Sweeping New Data Privacy Law
Europe's General Data Protection Regulation (GDPR) has been billed as the biggest shake-up of data privacy laws since the birth of the web. There's one problem: many of the regulators who will police ...
Harvey Weinstein Countersues Chubb, Seeking Payment of Legal Defense
Film producer Harvey Weinstein is fighting back against personal indemnity insurer Chubb Ltd, saying Chubb must pay for his legal defense against 11 lawsuits that accuse him of sexually harassing or ...
China’s Anbang Insurance Reportedly Reviewing Assets for Possible Divestments
Anbang Insurance Group Co., the once-acquisitive Chinese insurer that's operating under government control, said it is in the process of reviewing all of its overseas assets amid reports of imminent ...
U.S. P/C Insurers Have Huge Data/Analytics Plans; Limited Understanding a Challenge: Willis Towers Watson
Property/casualty insurers in the U.S. have big plans to boost their use of advanced analytics and data in their businesses in multiple ways, but there are potential roadblocks, according to a new ...