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 ...
Ex-JPM ‘Whale’ Deputy Argues He Was Just Following Orders
A lawyer for a former JPMorgan Chase & Co employee who worked with "the London Whale" Bruno Iksil, has been trying to convince U.S. prosecutors that his client was the unwitting victim of ...
New York Financial Services Regulator Probes PwC In Independence Probe
New York state's banking regulator subpoenaed PricewaterhouseCoopers and Promontory Financial Group as part of an effort to reform the consulting industry, according to people familiar with the ...
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 ...
Analysis: Brazil May Be Spending Its Way Towards A Downgrade
Brazil's finances are set to deteriorate substantially next year, leaving the government with few options to revive a sputtering economy and raising the threat of a credit downgrade. The government ...