Travelers CEO Fishman Discloses Neuromuscular Condition November 14, 2014 By Michelle Fay Cortez, Noah Buhayar and Zachary Tracer Travelers Cos., the only property/casualty insurer in the Dow Jones Industrial Average, said Chief Executive Officer Jay Fishman has been...
ING to Sell Shares of Former US Insurance Unit, Voya Financial November 13, 2014 By Maud van Gaal and Zachary Tracer ING Groep NV plans to sell shares of its former U.S. insurance unit, Voya Financial Inc., reducing the bank’s stake...
AIG Pays $35M Penalty to Resolve Probe of Units Sold to MetLife November 2, 2014 By Zachary Tracer American International Group Inc. agreed to pay a $35 million penalty to resolve a New York State probe into unlicensed...
AIG : No Dealings with Syrian Claims Adjuster November 2, 2014 By Laura Davison and Zachary Tracer American International Group Inc. is stripping a claims adjuster in Syria from a list given to shipping-industry clients after a...
Ex-CEO Benmosche Writing Book on Turnaround at AIG October 28, 2014 By Zachary Tracer Robert Benmosche is working on a book about turning around American International Group Inc. Benmosche’s memoir focuses on the five...
The Hartford Offers Lump-Sum Pension Buyouts to 13,500 Former Workers October 28, 2014 By Zachary Tracer Hartford Financial Services Group Inc. is working to reduce its retirement obligations by paying former employees to give up their...
Private Insurers Weigh Backing Veterans’ Mortgages October 28, 2014 By Jody Shenn and Zachary Tracer Private insurers are considering a request by U.S. officials to guarantee mortgages for veterans — the fastest growing part of...
AIG’s Barone Joins Beazley’s Fidelity and Crime Insurance Unit October 15, 2014 By Laura Davison and Zachary Tracer Beazley Plc hired Matt Barone from American International Group Inc., becoming the second insurer in a month to recruit from...
P/C Insurers Rush to Meet Rising Demand for Cyber Insurance October 9, 2014 By Noah Buhayar, Sarah Jones and Zachary Tracer Insurers flush with capital are rushing to grab part of an expanding cyber coverage market that’s been spurred on by...
AIG Boosts Railroad Excess Liability Coverage to $1 Billion October 9, 2014 By Zachary Tracer American International Group Inc., the largest commercial insurer in the U.S. and Canada, introduced a policy to help railroads handle...