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American International Group has replaced Apple Inc as the hedge fund industry's favorite stock, according to a Goldman Sachs Group analysis of fourth-quarter regulatory filings.
The National Insurance Crime Bureau (NICB) has raised its estimate for insured vehicles damaged during Superstorm Sandy by more than 20,000, with New York state accounting for the bulk of the increase.
Farmers Group Inc. has created two new positions and expanded the roles of five senior managers to enable the insurer to more effectively respond to customers and better align its leadership team around its core businesses, according to CEO Jeff Dailey.
After 8 months on the job, Florida Citizens Property Insurance Corp. CEO Barry Gilway, says it was a "gross understatement" to say this would be the most challenging job of his career.
After 8 months on the job, Florida Citizens Property Insurance Corp. CEO Barry Gilway, says it was a "gross understatement" to say this would be the most challenging job of his career.
U.S. insurer Nationwide Mutual Insurance Company is seeking to raise $200 million protection for hurricanes and earthquakes in the United States by selling a catastrophe bond through Cayman Islands-based vehicle Caelus Re.
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