Review of Zurich Finance Chief’s Suicide Clears Ackermann November 5, 2013 By Alice Baghdjian and Paul Arnold Zurich Insurance finance chief Pierre Wauthier did not come under “undue pressure” before his suicide, the firm said on Monday,...
A Wary Supreme Court Allows Facebook’s $9.5M Privacy Settlement November 5, 2013 By Lawrence Hurley The U.S. Supreme Court on Monday let stand Facebook Inc.’s $9.5 million class action settlement over allegations the social networking...
Travelers Cancels ExlService Outsourcing Contract, Citing Confidentiality Breach November 5, 2013 Travelers Cos., the property insurer in the Dow Jones Industrial Average, ended a contract with ExlService Holdings Inc. after the...
Gala, Insurance Industry Raise $2 Million for City of Hope November 4, 2013 By Don Jergler The National Insurance Industry Council raised more than $2 million this year in the ongoing battle to cure cancer and...
Talent War Continues: XL Hires AIG’s Miller to Oversee Global P/C Claims November 4, 2013 XL Group Plc, the insurer led by Chief Executive Officer Mike McGavick, hired David Miller as senior vice president and...
Judge Dismisses Suit Against Bank of America For Not Disclosing AIG Claims November 4, 2013 By Jonathan Stempel Bank of America Corp. has won the dismissal of an unusual lawsuit in which shareholders accused it of concealing a...
World Needs Insurance Industry to Be ‘Bold’ and ‘Sexy’ Now, PLUS Told November 4, 2013 By Andrew G. Simpson It’s time for the insurance industry to be “bold” and “sexy” in creating new insurance products and services to help...
Cook Maran & Associates Appoints Account Executive in New Jersey November 4, 2013 Cook Maran & Associates appointed Jeff Banasz as account executive. He is based in Cook Maran’s Marlton, N.J., office. Prior...
Md.-Based Victor O. Schinnerer & Co. Names Senior Underwriting Manager November 4, 2013 Chevy Chase, Md.-based underwriting manager Victor O. Schinnerer & Company Inc. has named Steve Cohen as senior underwriting manager for...
IICF Northeast Announces Featured Speakers for Year-End Fundraising Dinner November 4, 2013 The Insurance Industry Charitable Foundation (IICF) Northeast division announced three featured speakers who will be accepting grants for charities at...