Former Chubb COO Degnan Nominated as Chairman of Port Authority of N.Y.-N.J. April 30, 2014 By Elise Young and Terrence Dopp John Degnan, a former chief operating officer of Chubb Corp., was nominated for chairman of the Port Authority of New...
ACE Limited Reports $734 Million Q1 Net Income; $777 Million Operating April 30, 2014 ACE Limited report first quarter, 2014 net income of $734 million, compared to $953 million in Q1, 2013. The decrease...
Walmart Begins Selling Auto Insurance Online April 30, 2014 By Amy O'Connor Walmart has partnered with AutoInsurance.com to offer car insurance to its customers at “everyday low prices.” The new arrangement provides...
Willis Group Reports $246 Million Q1 Net Income; CEO Comments April 30, 2014 Willis Group Holdings plc reported net income of $246 million or $1.35 per diluted share in the first quarter of...
Tampa Vows to Ticket Lyft, Uber Ridesharing Drivers April 30, 2014 Drivers for the ride-sharing services Lyft and Uber will be ticketed in the Tampa area, the Public Transportation Commission announced....
Supreme Court Rules Patent Suit Winners Can Get Legal Fees April 30, 2014 By Susan Decker Companies that successfully fight off “unreasonable” patent lawsuits can get their legal fees paid, the U.S. Supreme Court ruled in...
Starr’s Greenberg Loses Bid for Jury, Must Face Judge He Criticized April 30, 2014 By Karen Freifeld Former AIG chief Maurice “Hank” Greenberg will have to defend himself against claims of accounting fraud in a non-jury trial...
UK’s Saga Confirms Plan to Sell Shares in London IPO April 30, 2014 By Kiel Porter Saga Plc, which provides insurance and holidays to Britain’s over-50s, confirmed earlier reports that it will sell shares in an...
Willis to Relocate 3,500 Workers after Profit Misses Estimates April 30, 2014 By Craig Giammona Willis Group Holdings Plc plans to eliminate jobs and relocate 3,500 employees, or about 16 percent of its workforce, after...
ACE Completes Majority Stake Acquisition of Thailand’s Siam Commercial Samaggi April 30, 2014 ACE Limited announced that the company and its local partner have acquired a 60.9 percent stake in The Siam Commercial...