Industry News
Citizens Announces New CFO, CRO
Citizens Property Insurance Corporation on Friday announced it has filled a pair of key positions to enhance its financial and risk oversight capabilities as the state-created insurer continues the ...
Allstate Says Drivewise Hits One Billion Miles Driven
Allstate reports that its Drivewise customers will register more than one billion miles driven this month. In a statement Friday, Allstate also said that Drivewise is launching in Kentucky and ...
Zurich Delayed Ad Campaign Launching
By rolling out television, print and billboard marketing campaigns on Monday, Zurich Insurance is aiming to advertise business as usual after a suicide and resignation in the Swiss insurer's top ...
Fire Sweeps Through New Jersey Shore Boardwalk Rebuilt After Sandy
A wind-driven blaze consumed a New Jersey Shore boardwalk and amusements freshly rebuilt after Hurricane Sandy, destroying dozens of businesses. The fire swept through at least six blocks of Seaside ...
Critics Take Aim at Crop Insurance Subsidies, Insurers’ Profits
Former American International Group Inc. chief Maurice "Hank" Greenberg has a new business partner: the U.S. taxpayer. Greenberg's Starr Indemnity & Liability Co. is one of 18 companies approved ...
Ackermann Quits Siemens, Dismisses Influence in CFO Suicide
Josef Ackermann said he will step down as deputy chairman of Siemens AG's supervisory board and dismissed the idea that he had any bearing on the suicide of the finance chief at Zurich Insurance ...
Former Zurich Chair Ackermann’s ‘Late Remorse’ May Be Premature: Review
Josef Ackermann, the former chief executive of Deutsche Bank AG and chairman of Zurich Insurance, cannot be happy about the timing of a new book by his ex-head of communications at Deutsche Bank AG. ...
Zurich Insurance Appoints de Swaan Chairman, Replacing Ackermann
Zurich Insurance Group AG named Tom de Swaan chairman, replacing Josef Ackermann, who stepped down after the suicide of Chief Financial Officer Pierre Wauthier. Fred Kindle, 54, chairman of Exova ...