Brian Duperreault, the new chief executive officer of American International Group Inc., said the company will scale back the projections it provides to Wall Street after his predecessors were burned by goals that proved unattainable. “Going forward, we will no …
A bipartisan Senate effort to continue federal payments to insurers and avert a costly rattling of health insurance markets faces a dicey future. The uncertainty shows that last week’s wreck of the Republican drive to repeal the Affordable Care Act …
Allianz SE three years ago bet the future of its then $2 trillion bond firm on Dan Ivascyn, a little-known money manager at the time who had been picked to succeed Pacific Investment Management Co. founder Bill Gross. It was …
Arthur J. Gallagher & Co. announced the acquisition of GPL Assurance Inc. (GPL), located in Montreal, Quebec. Terms of the transaction were not disclosed. Founded in 1968, GPL is a retail insurance broker offering commercial property and casualty services to …
Willis Towers Watson has appointed John Campbell corporate risk and broking market leader and construction leader for St. Louis, Mo. Campbell will be responsible for driving the overall CRB growth strategy, value proposition and talent acquisition efforts in the region. …
Chubb announced the appointment of three new positions within its regional claims team. Marc Scheidegger has been appointed as claims director, Continental Europe, and will be based in Paris. With 22 years of experience in the insurance industry, Scheidegger joined …
A fire ripped through one of the world’s tallest residential towers in Dubai on Friday, the latest in a series of fires in tall structures in the United Arab Emirates, the Gulf’s tourism and business hub, over the past three …
A four-star Kentucky hotel has discovered a data breach threatening guests’ credit card information. News outlets report The Galt House hotel in Louisville said last month that an internal investigation found malware had been stealing information from a payment card …
Anita Borgerding of North Risk Partners – Apollo Division in Albany, Minn., has been named 2017 Outstanding Customer Service Representative (CSR) of the Year for the state of Minnesota by the National Alliance for Insurance Education and Research. CSR of …
MJ Insurance announced it has launched MJ Student-Run Insurance Company Ltd. at Butler University in Indianapolis. Butler’s Lacy School of Business originated the insurance company to provide students with real-world experience in all facets of running an insurance company and …
