U.S.
Former AIG Executive Wins Legal Bid for $9 Million Crisis-Era Bonus
A former American International Group Inc. senior trader won his bid for 8.3 million euros ($9.2 million) in bonuses in a dispute at France's highest court that dates back to the financial crisis a ...
The Latest Launches From Coalition and AIR Worldwide
Coalition is debuting a free, publicly available cybersecurity and risk assessment tool. Catastrophe risk modeling firm AIR Worldwide released a Multiple Peril Crop Insurance Model for India.
California Utility on the Hotseat Over Cable That Failed Before Massive Wildfire
A federal judge overseeing the probation of utility giant PG&E Corp. is demanding information on a power line that failed minutes before a massive wildfire broke out last month in Northern ...
Appeals Court Skeptical About Microsoft Women’s Claims of Unequal Pay
Women engineers who claim Microsoft Corp. discriminates against them for pay and promotions faced tough questions from a federal appeals court weighing whether their ground-breaking lawsuit should ...
GEICO Looking to Hire Hundreds of Associates for Kansas City Office
GEICO said it is looking to add about 400 new associates to its one-year-old Kansas City office over the next 12 months. The insurer is accepting applications for sales and customer service reps, ...
For Lemonade, Pink in Germany Is (at Least Temporarily) Verboten
Just months after expanding into Germany, the InsurTech Lemonade is in a tussle there over rights to use the color pink. Lemonade, which sells home and renters insurance electronically and relies on ...
Argo Group Reorganizes Americas Executive Structure
Argo Group International Holdings Ltd is reorganizing its executive structure in the Americas, made possible by the appointment of three new executive vice presidents. Each will report to Kevin ...
Insurers, Others Face New EU Disclosure Rules on Responsible Investments
European Union finance ministers are set to adopt new rules this week that will require asset managers, insurers and pension funds to disclose environmental and social risks in their investments from ...
Berkshire Hathaway Reinsurance P/C Premiums Jump, and Other Q3 Earnings Takeaways
For Berkshire Hathaway Inc., profits from its stake in Kraft Heinz Co. were better late than never. Almost a third of the jump in Berkshire's third-quarter earnings came from finally recording its ...