Aviva Plc named Blackstone Group LP Senior Managing Director Tom Stoddard chief financial officer after its previous finance head decided to leave the company. Stoddard, Blackstone’s head of global financial institutions advisory, will become Aviva’s CFO on May 5, the …
Its own citizens may follow if the government doesn’t show it can lift capital controls in place since 2008 without triggering a currency sell-off, according to Iceland’s biggest insurance firm. If people lack confidence, they will take their money elsewhere …
After less than a month on the job, RSA Insurance Group Plc Chief Executive Officer Stephen Hester announced a stock sale and tapped Warren Buffett for reinsurance to help strengthen the insurer after its scandal in Ireland. Hester announced the …
A quarter-century after the U.S. Supreme Court opened the era of class action shareholder litigation, the justices may be poised to shut it down. The court will hear arguments March 5 on a Halliburton Co. appeal targeting the legal doctrine …
Leonard McGarity flew countless miles during a quarter-century as an American Airlines pilot, captaining the most sophisticated planes in commercial aviation. But in his spare time, the 58-year-old McGarity enjoyed outings in his SUV-sized, experimental, amateur-built aircraft, taking off and …
A dispute between two fitness equipment makers landed at the U.S. Supreme Court on Wednesday, giving justices a chance to consider how to deal with so-called patent trolls, companies that acquire patents to sue for infringement or extract licensing fees. …
Chuck Holloway didn’t sleep well for a week after a sinkhole swallowed his neighbor Jeffrey Bush in Seffner last year. “And neither did anyone else around here,” he said from his front patio recently. Today is the one-year anniversary of …
The Supreme Court ruled this week that a Georgia police officer could not be sued in Nevada over the seizure of money from two travelers at an Atlanta airport. In a unanimous decision, the justices said a lawsuit against officer …
Lake Mary, Fla.-based AssuredPartners Inc., through its Neace Lukens platform, has completed the acquisition of Creech & Stafford Insurance Agency Inc. in Kentucky. The terms of the transaction were not disclosed. Creech & Stafford specializes in business insurance, including workers’ …
Chevy Chase, Md.-based auto insurance giant GEICO announced Lona Montgomery has been named assistant vice president of centralized services in the company’s Macon, Ga., regional office. Montgomery previously served as director of sales and service in the company’s Coralville, Iowa, …
