AIG Shareholders Approve Insurer’s Executive Compensation Plan May 15, 2020 By Alwyn Scott and Suzanne Barlyn Shareholders of American International Group Inc. strengthened their support for the U.S. insurance company’s executive compensation plan after the board...
Insurers’ Loss Estimates Linked to Coronavirus Range Widely: Analysis May 5, 2020 By Suzanne Barlyn and Alwyn Scott Insurers are normally great with numbers. But the coronavirus pandemic has them struggling to estimate how many billions of dollars...
GE Investors Handed Setback in Investor Lawsuit Over Insurance Liabilities August 30, 2019 By Alwyn Scott A federal judge in Manhattan on Thursday partially dismissed a lawsuit by investors in General Electric Co. that accused the...
Shareholder Suit Alleges GE Hid Insurance Liabilities, SEC Probe February 20, 2018 By Jonathan Stempel and Alwyn Scott General Electric Co. was sued on Friday by a shareholder who accused the conglomerate of concealing mounting insurance liabilities and...
Washington-based Spirit Aerosystems Hit with Worker Discrimination Suit July 25, 2016 By Alwyn Scott Employees laid off by Spirit AeroSystems Holdings Inc. in 2013 filed a lawsuit earlier this month accusing the aircraft parts...
Washington-based Spirit Aerosystems Hit with Worker Discrimination Suit July 12, 2016 By Alwyn Scott Employees laid off by Spirit AeroSystems Holdings Inc. in 2013 filed a lawsuit on Monday accusing the aircraft parts supplier...
U.S. Issues Draft Rules on Commercial Use of Drones; Insurers Welcome February 16, 2015 By Alwyn Scott The U.S. aviation regulator proposed rules on Sunday for commercial drone flights that would lift some restrictions but would still...
After Jet Crashes, Aviation Industry ‘Struggling’ to Re-Train Pilots January 12, 2015 By Alwyn Scott and Tim Hepher As investigators hunt for what caused an AirAsia jet to crash in an equatorial storm on Dec. 28, the aviation...
U.S. Drone Regulations Delayed January 1, 2015 By Alwyn Scott and Roberta Rampton The United States missed a year-end deadline for publishing new rules on remote-control aircraft, delaying an eagerly awaited step toward...
UK Space Travel Insurer Sees No Spike in Queries after Virgin Crash November 10, 2014 By Alwyn Scott UK insurer Pembroke Managing Agency, who recently began offering life coverage for would-be space tourists, said it has seen no...