Should Google’s Parent Buy AIG? February 16, 2016 By Sonali Basak It’s an “audacious” idea, and Citigroup Inc. acknowledges as much. Google’s parent, Alphabet Inc., should buy American International Group Inc....
Insurance Marketing Awards Show Now Accepting Submissions February 16, 2016 The Insurance Marketing and Communications Association (IMCA) announced its 2016 Showcase Awards program is open for submissions through March 31,...
Coast Guard Probe Into Sinking of El Faro Cargo Ship Gets Underway February 16, 2016 By Barbara Liston The U.S. Coast Guard begins hearings on Tuesday to investigate whether misconduct or negligence were factors in the sinking of...
AIG Takes More Off Top: Schreiber, Maag Out February 16, 2016 American International Group Inc. veteran Brian Schreiber, who shepherded multibillion-dollar deals that expanded the company and then shrank it after...
Top 10 Workplace Discrimination Claims in 2015 February 16, 2016 Retaliation charges increased by nearly five percent in 2015 and continue to be the leading concern raised by workers across...
Battered by Long-Term Insurance Losses, Genworth Eyes Asset Sales February 15, 2016 By Katherine Chiglinsky Genworth Financial Inc., the insurer battered by losses on long-term care coverage, has said it could pursue more divestitures to...
AIG Ex-CEO Greenberg Agrees with Current CEO Hancock, Not Icahn February 15, 2016 By Betty Liu and Sonali Basak American International Group Inc. Chief Executive Officer Peter Hancock won short-term relief at the risk of longer-term challenges by striking...
Everest’s Crop Insurance Unit Partners with Global Ag Risk Solutions February 12, 2016 Everest Re Group, Ltd. has formed a strategic alliance between its U.S. crop insurance unit, Heartland Crop Insurance, Inc., and...
Bankruptcy Would Be ‘Huge Mistake’ for Puerto Rico, Says Bond Insurer February 12, 2016 By Michelle Kaske and Alexander Lopez The question of whether bankruptcy is a good option for Puerto Rico came to a head at an investor conference...
Senators Hit Firms for ‘Dire Consequences’ Claim on Retirement Advisor Rule February 12, 2016 By Lisa Lambert Two influential U.S. lawmakers on Thursday criticized the financial industry for saying in public that a new rule on retirement...