Carl Icahn, who won representation to the board of American International Group Inc. after threatening a proxy battle, said he’s warming to the approach of the insurer’s chief executive officer. ” Peter Hancock and I don’t see eye-to-eye on everything, …
U.S. government weather scientists and their research partners have developed a new forecasting tool to simulate how water moves throughout the nation’s rivers and streams, paving the way for what the federal agency calls “the biggest improvement in flood forecasting the …
Committing to a few extreme physical fitness events every year keeps Sean Kevelighan honest. “That, for me, is the incentive to insure that I keep my training going. It’s really good for your health, obviously, mental health and physical health,” …
German carmaker Audi is rolling out technology that will allow its vehicles in the United States to communicate with traffic signals, allowing for a more stress-free ride in what it says is the car industry’s first commercial use of the …
American International Group Inc. agreed to sell mortgage insurer United Guaranty Corp. to Arch Capital Group Ltd. as Chief Executive Officer Peter Hancock works to simplify his company and free up capital to return to shareholders. The deal is valued …
General Motors Co. failed to designate a flawed ignition switch linked to multiple deaths and injuries as a safety concern, Chief Executive Officer Mary Barra told jurors at a Texas trial. GM engineers in 2004 and 2005 “misdiagnosed it as …
Donald Trump’s campaign was sued for allegedly doing nothing after being told that the director of its North Carolina operations pulled a gun on a staffer as they drove in a Jeep in February. The incident was described in a …
Twitter Inc. won a court ruling that it can’t be held responsible for the so-called Islamic State’s use of the social network to spread propaganda that may have led to the death of an American in Amman, Jordan. U.S. law …
The American Association of Insurance Services (AAIS), a national insurance advisory organization for property/casualty insurers, has named Melanie Howard as director of Corporate Communications. Howard will be responsible for company-wide marketing communications strategy, media relations, internal and executive communications support, …
Liberty Mutual Holding Co. Inc. reported net income of $15 million for the second quarter, a 94 percent drop from the $254 million recorded for last year’s second quarter. Energy investments were largely to blame for the drop-off— pre-tax losses …