International
Australia’s Wesfarmers to Sell Insurance Brokerage to Arthur J. Gallagher
Perth, Australia-based conglomerate Wesfarmers has agreed to sell the insurance brokerage and premium funding operations of its Insurance division to subsidiaries of U.S.-based broker Arthur J. ...
AIG Challenges New York Regulator’s Authority Over Sales to Multinationals
American International Group Inc. sued to block New York's top financial regulator, Benjamin Lawsky, from fining it over marketing insurance overseas without a state license, claiming it would be ...JPMorgan Releases Funds to Russian Insurer After Russia Protest, U.S. Approval
JPMorgan Chase & Co. is unfreezing a money transfer from a Russian embassy in Central Asia to an insurer linked to U.S.-sanctioned bank after getting a go-ahead from regulators. "Following ...
Alibaba’s Blueprint for E-Commerce Empire Includes Insurance, Mutual Funds
Alibaba, the world's biggest e-commerce company, changed how China shops. Now the man driving its blockbuster U.S. stock sale wants to transform the rest of the country's services industry, adding ...
Zurich Defends CFO Suicide Report Prior to Widow’s Speech to Shareholders
The widow of Zurich Insurance's late finance chief on Wednesday rejected a report into his suicide, telling the Swiss company's annual shareholder meeting she could not accept the findings of an ...
Pitfalls of Boosting Self-Esteem with ‘Empty Praise’ in Workplace
Reality TV has a way of highlighting the worst in people, even when they genuinely think they're doing their best. American Idol is just one example, in which contestants who can't carry a tune are ...
Low Insured Losses Expected for Chile Earthquake: AIR
Catastrophe modeling firm AIR Worldwide does not expect significant insured losses from the magnitude 8.2 earthquake that struck off the coast of Chile on Tuesday because the region is relatively ...
Chevron Can Bring Fraud Claims Against Patton Boggs, NY Judge Rules
A New York judge has allowed Chevron Corp to sue Patton Boggs over claims that the Washington law and lobbying firm engaged in fraud while trying to enforce a multibillion-dollar environmental ...