Insurer American International Group Inc. said on Tuesday it paid Chief Executive Officer Brian Duperreault $20.9 million in 2018 while also outlining a series of reforms to its pay practices in the face of shareholder criticism. The pay, for Duperreault’s …
Ameriprise Financial is selling its Ameriprise Auto & Home (AAH) division to a subsidiary of Madison, Wisconsin-based American Family Insurance Mutual Holding Co. (American Family Insurance), the companies announced. Ameriprise will receive gross proceeds of $1.05 billion in cash in …
Synergy Professional Associates, in partnership with Tokio Marine HCC – Professional Lines Group, has expanded its lawyers professional liability programs focusing on small law firms into Colorado, Florida and New Jersey. The new facilities target small law firms from one …
If you get struck by lightning or bitten by a pig, a physician can record that information with a code shorter than your phone number. But if you can’t afford your bills, doctors and health plans have no consistent way …
Facebook Inc. Chief Executive Officer Mark Zuckerberg called for new global regulations governing the internet, recommending overarching rules on hateful and violent content, election integrity, privacy and data portability. In a statement that was also published as an op-ed in …
Program specialist NSM Insurance Group has acquired Embrace Pet Insurance, a Cleveland-based national provider of pet health insurance for dogs and cats. No terms of the transaction were disclosed. Embrace offers an accident and illness insurance plan that is underwritten …
Half of U.S. adults think automated vehicles are more dangerous than traditional vehicles operated by people, while nearly two-thirds said they would not buy a fully autonomous vehicle, according to a new Reuters/Ipsos opinion poll. In the same poll, about …
Travis Kalanick, the co-founder of ride-hailing company Uber, and the company’s directors won the dismissal of an investor lawsuit that sought to hold them liable for a fight over trade secrets that slowed Uber’s push into autonomous vehicles. The lawsuit …
Whenever agency principals get together, the topic of agency valuations is sure to come up. Someone will start talking about an agency that sold at an unbelievably high multiple. Pretty soon, everyone’s nodding their head and saying there’s a killing …
The U.S. Department of Labor on Monday issued a proposal that would make it more difficult to prove companies are liable for the wage law violations of their contractors or franchisees, a top priority for business groups. If adopted, the …
