Insurance CEOs News

Aetna CEO Says Public Option Lacks Necessary Poltical Support

Support is lacking, particularly in the U.S. Senate, for a government-run health plan that would compete in the private marketplace, the chief executive of health insurer Aetna Inc said Tuesday. Democrats as well as Republicans oppose creating such a plan …

James Weidner, Cooperative American Physicians CEO, to be honored with City of Hope’s Spirit of Life Award, November 14

LOS ANGELES – City of Hope’s National Insurance Industry Council (NIIC) will honor James L. Weidner, chief executive officer of Cooperative of American Physicians Inc. (CAP), with The Spirit of Life® Award, City of Hope’s most prestigious philanthropic honor. Weidner …

Trial Date Set for ex-Louisiana Citizens CEO Lisotta

A judge has rejected an attempt to have criminal charges dismissed in a case against the former chief executive of Louisiana’s insurance company of last resort. Terry Lisotta, former CEO of Louisiana Citizens Property Insurance Corp., tried to get the …

CEO Arends, Agent Crosby Inducted Into Michigan Insurance Hall of Fame

The Michigan Insurance Hall of Fame honored two leaders in the insurance industry at the sixteenth annual induction ceremony of the Michigan Insurance Hall of Fame recently on the campus of Olivet College. New members inducted were Herman J. Arends …

Blunt-Talking AIG CEO Benmosche’s True Passion Is Wine

AIG’s new CEO, Robert Benmosche, has sparked just about as many headlines as one executive can in the past few weeks — and all while on holiday at his villa in Croatia looking over the Adriatic. He has been unusually …

AIG CEO Benmosche Regrets Criticizing New York AG Cuomo

Robert Benmosche, the new CEO of American International Group Inc., said he regrets tough comments he made about New York’s attorney general, saying he was trying to bolster a demoralized AIG work force. “You can characterize me as a goon …

AIG, Former CEO Greenberg, CFO Smith Agree to Binding Arbitration

American International Group Inc. and former CEO Maurice “Hank” Greenberg said Monday they have agreed to privately arbitrate a shareholder lawsuit, and possibly another, potentially ending a an extended legal fight between the parties. Relations between Greenberg and AIG have …

New AIG CEO Benmosche Reaches Out to Ex-CEO Greenberg

AIG to Hank: All is forgiven, we need your help! That is the message from Robert Benmosche, the new CEO of American International Group Inc., to Maurice “Hank” Greenberg — the man who built the company into what was the …

Reuters: Interview with New AIG CEO Benmosche in Croatia

Wearing flip-flops, khaki shorts and a green polo shirt, the new chief executive of bailed-out insurer American International Group Inc. says he’s getting a lot of work done from his massive villa overlooking the Adriatic. “People criticize me for being …

New CEO Says AIG to Repay U.S. Taxpayers, Boost Shareholder Value

Robert Benmosche, the newly appointed chief executive officer of American International Group Inc., says he expects the bailed-out insurer to be able to repay its federal debts and to boost value for shareholders, according to a report by Bloomberg News. …