News
Ex-Fireman’s Fund CEO LaRocco Named State Auto’s New Leader
An ex-Fireman's Fund CEO will become the new leader of State Auto Financial Corp., replacing the company's long-time leader as he readies for retirement. Michael LaRocco assumes the president and CEO ...
Calif. Tech, VC Firms Out in Front—This Time on Bias Suits in State Court
Kleiner Perkins Caufield & Byers' decisive victory over Ellen Pao's gender bias suit doesn't mean Silicon Valley giants are off the hook. More lawsuits alleging gender discrimination, sexual ...
Plaintiff Pao Loses California Gender Discrimination Case
A jury soundly rejected Ellen Pao's claims of gender discrimination by Kleiner Perkins Caufield & Byers, in a case that riveted Silicon Valley for weeks and exposed how women fare in the ...
AIG Raises $500M Through Sale of Shares in China P/C Giant
American International Group Inc. said it sold part of its holding in PICC Property & Casualty Co., China's biggest non-life insurer, for about $500 million. AIG, the largest commercial insurer ...
A.M. Best: Smaller Insurers Carry Advantage in Emerging Markets
In developing parts of the word, insurance carrier-size matters, but not in the way you might think. While large companies are making gains, smaller carriers are particularly thriving under the ...
Lloyd’s 2014 Profit Steady at $4.9B; Combined Ratio Below 90
On Thursday, Lloyd's announced a pretax profit of $4.9 billion, or £3.2 billion, with a return on capital of 14.7 percent and a combined ratio of 88.1. The profit figure was level with the 2013 ...
EPA to Require Health Data on Nano Versions of Chemicals in Use
The U.S. Environmental Protection Agency announced last week that the agency is proposing one-time reporting and recordkeeping requirements on nanoscale chemical substances in the marketplace. ...
Exec Pay Stock Options Boosting Top CEO Pay by Billions: Reuters Large U.S. Co. Analysis
Chief executive officers at large U.S. companies collectively realized at least $6 billion more in compensation than initially estimated in annual disclosures in the five years after the financial ...