AIG Hikes Rates Up to 45%; Reports Interest in Life/Retirement Unit Sale February 18, 2021 By Alwyn Scott and Suzanne Barlyn American International Group Inc. said on Wednesday it is hiking some commercial insurance rates by as much as 45%, a...
AIG Names Zaffino to Succeed Duperreault as CEO; Will Spin Off Life Insurance Business October 26, 2020 By Mark Hollmer American International Group has disclosed significant leadership changes as well as plans to separate its Life & Retirement business into...
Icahn Halts Bid to Block Cigna’s Takeover of Express Scripts August 14, 2018 By Scott Deveau Activist investor Carl Icahn has dropped his fight to block Cigna Corp.’s $54 billion acquisition of Express Scripts Holding Co....
Icahn Warns Cigna Shareholders to Vote Against ‘Overpriced’ Express Scripts Deal August 7, 2018 By Scott Deveau Activist investor Carl Icahn said shareholders in Cigna Corp. should vote against the $54 billion takeover of pharmacy-benefits firm Express...
AmTrust Shareholders Approve Revised $2.95 Billion Plan to Go Private June 21, 2018 By Andrew G. Simpson Insurer AmTrust Financial Services said that AmTrust stockholders have approved a deal for it to become a private entity, a...
Icahn Backs Revised AmTrust Deal But Investor Arca Balks June 7, 2018 By Aparajita Saxena U.S. insurer AmTrust Financial Services Inc. on Thursday agreed to be acquired by a group of investors for a sweetened...
Icahn Sues AmTrust Directors, Claims Privatization Plan Hurts Investors May 21, 2018 By Jef Feeley Billionaire investor Carl Icahn sued the directors of AmTrust Financial Services Inc., Chief Executive Officer Barry Zyskind and the family...
Arca Capital Backs Icahn in Trying to Stop AmTrust Privatization Plan May 21, 2018 By Andrew G. Simpson The Prague-based investment firm Arca Capital said it plans to work with activist investor Carl Icahn and other minority shareholders...
Investor Icahn Opposes AmTrust Plan to Go Private May 17, 2018 By Scott Deveau and Katherine Chiglinsky AmTrust Financial Services Inc. jumped almost 12 percent in late trading Thursday after billionaire Carl Icahn disclosed a stake in...
Trump Taps Billionaire Icahn, Activist Investor and Dodd-Frank Critic, as Regulation Advisor December 22, 2016 By Emily Stephenson Billionaire Carl Icahn will advise Donald Trump on rescinding what the activist investor called “excessive regulation” on U.S. businesses, the...