American International Group Inc. Chairman Steve Miller said lawmakers should bring U.S. corporate tax rates in line with other nations to halt firms from switching their legal address to cut obligations.

MGIC Investment Corp., the No. 3 U.S. mortgage guarantor, declined in New York trading after posting profit that missed some analysts estimates as sales of home-loan guarantees slowed.

MGIC Investment Corp., the No. 3 U.S. mortgage guarantor, declined in New York trading after posting profit that missed some analysts estimates as sales of home-loan guarantees slowed.

FM Global said Executive Vice President Thomas Lawson will replace Shivan Subramaniam as chief executive officer.

Progressive Corp. said second-quarter profit fell 9.6% as investment gains narrowed.

Tornadoes, hail and windstorms that pounded the U.S. from the Rocky Mountains to the Tennessee Valley last month will probably cost insurers more than $1 billion, says Aon.

The storms that pounded vineyards in Southwestern France around Bordeaux and Cognac last month probably cost insurers as much as $1.2 billion, says Aon.

Uber Technologies Inc. is faulting attorneys and insurers as it seeks to fend off a California proposal that requires more coverage for drivers.