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Travelers Cos. said Doreen Spadorcia, who has been with the insurer for about 30 years, is retiring from her post as chief executive officer of personal coverage.
A storm that would be named Bonnie threatens holiday cookouts and celebrations along the U.S. coast from North Carolina to Georgia over the Memorial Day weekend.
While lawsuits against directors and officers of nonprofits are brought less often than those against their for-profit counterparts, the cost of defending a D&O liability claim can be substantial.
Google is expanding efforts to make autonomous cars at a time startups such as Uber, as well as established companies like General Motors Co. are investing in the technology.
PartnerRe exited junk bonds and shifted funds into property as the reinsurer reshaped a $16 billion investment portfolio after being acquired by John Elkanns Exor SpA.
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