U.S.
Chubb Takes Q2 Storm Hit; CEO Greenberg Slams Protectionism, Anti-Immigation Politics
Chubb Ltd. weathered claims from major storms in Texas and other U.S. states, Canadian wildfires and earthquakes in Japan and Ecuador in the second quarter to record solid operating results. ...
Here Are 5 Ways to Build an Effective Executive Team
How does an executive successfully lead an effective team that gets the job done? Leigh Thompson, a professor with the Kellogg School of Management at Northwestern University, has come up with five ...
Bankrupt U.S. Coal Producer Reaches Mine Liability/Clean-Up Deal With Three States
Peabody Energy Corp, the largest U.S. coal producer, reached a deal to cover mine clean-up liabilities while in bankruptcy with three U.S. states, court documents showed on Tuesday. Peabody has ...
Progress Made Containing Massive California Wildfire
Containment has increased on a wildfire north of Los Angeles, which has grown to more than 58 square miles. Officials report the blaze is 25 percent surrounded as of today, and most of the evacuation ...
Report: Evidence Emerges Fiat Chrysler U.S. Sales Figures Were Inflated
An internal review begun at Fiat Chrysler Automobiles in 2015 found its U.S. sales figures were inflated, partly due to pressure to keep a year-over-year monthly sales streak alive, the Automotive ...
Goldman Sachs Accused of Selling Out Client to Curry Malaysian PM’s Favor
Goldman Sachs Group Inc. has another Malaysia problem. The New York-based bank, already under scrutiny by regulators over its fundraising for the embattled 1Malaysia Development Bhd, is now accused ...
Everest Re Will Unload U.S. Crop Insurance Subsidiary, Provide Reinsurance Cover
Everest Re Group, Ltd. plans to sell its U.S. crop insurance subsidiary, but still keep a hand in the business through reinsurance. The deal, announced July 25, calls for CGB Diversified Services ...
The Hartford Will Sell U.K. P/C Runoff Subsidiaries to Catalina
The Hartford has found a buyer for its U.K. property/casualty runoff subsidiaries, capping a process that began in 1993. Catalina Holdings UK Ltd. will buy the insurer's Downlands Liability ...