News
Breaking: Andersen to Replace Zaffino as CEO of AIG on June 1
American International Group Inc. announced that Chair and CEO Peter Zaffino will transition to Executive Chair of AIG and retire as CEO by midyear and that industry veteran Eric Andersen will take ...
Aon Extends Employment Agreement With CEO Case
Aon Corp. said it has extended its contract with President and CEO Greg Case through 2030. Case's contract was previously set to end on April 1, 2028. Case has led the brokerage, among the world's ...
NOAA Announces Latest AI-Driven Global Weather Models
A new suite of operational, artificial intelligence (AI)-driven global weather prediction models has been launched by the National Oceanic and Atmospheric Association (NOAA), promising forecast ...
Berkshire Hathaway Enters Post-Buffett Era as Share Prices Fall
Berkshire Hathaway's post-Buffett era began quietly on Friday, as shares slipped slightly after the "Oracle of Omaha" handed Greg Abel the top job following six decades at the helm. The world's most ...
Northern California Flooding This Weekend Caused by Heavy Rain, High Tides
Heavy rain and high tides, believed to be the most severe in two decades, caused flooding in parts of Northern California on Saturday, prompting road closures and rescues of people trapped in cars. ...
California Workers Comp Combined Ratio for 2024 Highest in 20-Plus Years
After three consecutive accident years with relatively stable loss ratios, the projected loss and allocated loss adjustment expense ratio for California's workers compensation market for accident ...
Drivers Support Tougher Restrictions Even as They Admit to Risky Driving: AAA
Tougher safeguards to prevent impaired driving are welcomed by drivers, even as they admit to dangerous habits behind the wheel, a new survey by AAA found. A new report by the AAA Foundation for ...
Combustion Engine Cars Regain Popularity Worldwide: Report
Car buyers worldwide are returning to combustion engines as a result of policy reversals, trade wars, and growing skepticism about EV infrastructure and costs, a report by professional services group ...