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Lockton expands global energy leadership with three specialty hires

By: Judy Greenwald

Published August 05, 2014 - 2:56pm CST

Lockton Cos. L.L.P. is bolstering its London-based energy group with hires from the RKH Group Ltd., Aon P.L.C. and Marsh L.L.C., the brokerage said Tuesday.

AIG quarterly profit improves on property, other lines' performance

By: Mark A. Hofmann

Published August 04, 2014 - 3:45pm CST

AIG reported second-quarter net income of $3.07 billion on Monday, a 12.5% increase over the same period last year, driven by higher profit in its property/casualty, life and retirement and mortgage guaranty operations.

Holmes author's estate must pay legal fees in copyright dispute: Court

By: Judy Greenwald

Published August 04, 2014 - 12:57pm CST

Adding another legal chapter to a copyright dispute previously lost by the Arthur Conan Doyle estate over the copyright of stories involving Sherlock Holmes, a federal appeals court has ruled the estate must also pay legal costs in the dispute.

Marsh & McLennan's Glaser to chair Federal Advisory Committee on Insurance

By: Mark A. Hofmann

Published August 04, 2014 - 11:17am CST

Marsh & McLennan Cos. Inc. President and CEO Daniel Glaser has been named chairman of the Federal Advisory Committee on Insurance.

Q&A: Thomas A. Lawson, FM Global

By: Mark A. Hofmann

Published August 03, 2014 - 6:00am CST

Thomas A. Lawson became president of Johnston, Rhode Island-based FM Global on Aug. 1. Mr. Lawson will also succeed Shivan S. Subramaniam as CEO, effective Jan. 1, 2015, following Mr. Subramaniam's retirement. Mr. Lawson, who previously served as the property insurer's executive vice president, joined the organization in 1979. He recently spoke with Business Insurance Senior Editor Mark A....

Q&A: Brian Marcotte, National Business Group on Health

By: Jerry Geisel

Published August 03, 2014 - 6:00am CST

Brian Marcotte is president and chief executive officer of the National Business Group on Health in Washington. Mr. Marcotte joined the NBGH, which helps its members control health care costs, improve patient safety and quality of care, earlier this year after more than two decades at Honeywell International Inc., where he was vice president of benefits and compensation. In an interview with...

OFF BEAT: Lingerie football players sue league over scanty pay

Published August 01, 2014 - 11:38am CST

Two lingerie football players are suing their former league in California court, saying that it wrongly classified its scantily clad athletes as independent contractors in order to pay them skimpy wages.

Allianz to stick with old guard as CEO contract ends

Published August 01, 2014 - 9:02am CST

(Reuters) — Allianz is poised to reappoint Michael Diekmann as chief executive in October, investors believe, possibly delaying tough choices on whether Europe's largest insurer expands its global presence or returns more cash to shareholders.

Hartford realigns senior leadership

By: Kate Shepherd

Published July 30, 2014 - 12:04pm CST

The Hartford Financial Services Group Inc. has announced a realignment of its senior leadership positions.

PBGC takes over pension plan sponsored by estate of Victor Posner

By: Jerry Geisel

Published July 29, 2014 - 12:18pm CST

The Pension Benefit Guaranty Corp. is taking over and terminating the underfunded pension plan sponsored by the estate of one-time businessman and corporate raider Victor Posner.

OFF BEAT: Apparel maker has ‘Duck Dynasty’ camo in its sights

Published July 25, 2014 - 1:46pm CST

A Florida apparel manufacturer is taking aim at a line of camouflaged T-shirts from the once-popular reality TV series “Duck Dynasty.”

Insurance specialist law firm Kaufman Dolowich & Voluck adds partners

By: Kate Shepherd

Published July 25, 2014 - 11:18am CST

Insurance specialist law firm Kaufman Dolowich & Voluck L.L.P., based in Woodbury, New York, on Thursday said it has added two partners to its staff.

Colorado insurance exchange CEO jumps to Cigna

By: Bob Herman, Modern Healthcare

Published July 25, 2014 - 9:04am CST

Patty Fontneau, CEO of Connect for Health Colorado, will leave her position at the state's health insurance exchange in mid-August to become president of Cigna Corp.'s private exchange business.

Facebook's Zuckerberg to testify at N.Y. forgery trial: Prosecutors

Published July 23, 2014 - 2:46pm CST

(Reuters) — The government will call Mark Zuckerberg to testify against an upstate New York man accused of trying to cheat the billionaire founder of Facebook Inc. out of half his stake in the social media company, a federal prosecutor said on Tuesday.

Sanford Saito named Hawaii's captive insurance administrator

By: Bill Kenealy

Published July 23, 2014 - 12:03pm CST

Sanford Saito has been appointed deputy commissioner and captive insurance administrator for the Hawaii Department of Commerce and Consumer Affairs Insurance Division.

UP CLOSE: John Schack

Published July 20, 2014 - 6:00am CST


Q&A: Brian Duperreault, Hamilton Insurance Group

By: Gavin Souter

Published July 20, 2014 - 6:00am CST

Insurance industry executive Brian Duperreault recently spoke about his ambitious plans for Hamilton Insurance Group in Bermuda with Business Insurance Editor Gavin Souter. Edited excerpts follow.

Insurance broker Integro names leaders of U.S. operations

By: Kate Shepherd

Published July 17, 2014 - 3:49pm CST

Integro Ltd. has named Ruth Kilduff to the newly created position of chairman and Anne Anderson as president of its U.S. operations, Integro USA.

Peter Hancock to get pay hike as AIG's new CEO

By: Mark A. Hofmann

Published July 15, 2014 - 10:53am CST

Peter D. Hancock will receive a raise when he becomes president and CEO of American International Group, Inc. on Sept. 1, according to a filing AIG made with the Securities & Exchange Commission on Monday.

OFF BEAT: Duke University goes to court over John Wayne estate's bourbon brand

Published July 14, 2014 - 3:34pm CST

To many, college and liquor go hand in hand, but Duke University doesn’t see it that way.

PBGC chief Gotbaum resigning from agency

By: Jerry Geisel

Published July 11, 2014 - 3:09pm CST

Pension Benefit Guaranty Corp. Director Joshua Gotbaum disclosed Friday that he is stepping down next month after four years as head of the federal pension insurance agency.

Property insurer FM Global taps Thomas Lawson as next CEO

By: Mark A. Hofmann

Published July 10, 2014 - 3:13pm CST

FM Global Executive Vice President Thomas A. Lawson will succeed Shivan S. Subramaniam as CEO, effective Jan. 1, 2015, the Johnston, Rhode Island-based insurer announced Thursday.

RIMS' Mary Roth named president of international risk management group

By: Kate Shepherd

Published July 10, 2014 - 2:42pm CST

Mary Roth, the executive director of the Risk & Insurance Management Society Inc., has been named president of the International Federation of Risk and Insurance Management Associations.

Insurance broker Willis names global placement leader

By: Kate Shepherd

Published July 08, 2014 - 2:15pm CST

Willis Group Holdings P.L.C. on Tuesday said it has appointed David Martin as global leader of placement, and that Steve Hearn will assume Mr. Martin’s previous role as CEO of Willis Insurance U.K.

OFF BEAT: Napping Yankees fan sues team, ESPN for $10M

Published July 08, 2014 - 11:49am CST

A yawning New York Yankees fan is reportedly suing the baseball team and sports network ESPN for $10 million after he was shown asleep in his seat at Yankee Stadium during a game broadcast.

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