Grange Insurance has named a former top executive from Bank of America and Countrywide Insurance as its new president and chief executive. Robert James, 55, will take over the Columbus-based insurance company on Jan. 18.
Kingsway Financial Services said it has called a special shareholders' meeting for Feb. 10 to deal with a shareholder's attempt to replace the company's chairman and chief executive.
Kingsway said
(Reuters)—The U.S. government should provide a federal guaranty to meet American International Group Inc.'s counterparty collateral requirements, the insurer's former chief executive, Maurice R. Greenberg, said.
Collateral requirements have consumed the vast majority of the government funds channeled to AIG to date, Mr. Greenberg said an opinion piece in the Wall ...
American International Group, the US insurer that was recently bailed out by the government, agreed to freeze any payments that had been due to Martin Sullivan, its former British-born chief executive, whose contract calls for #36;19 million plus other benefits.
AIG, which has received #36;122.8 billion of government loans to ...
American International Group Inc. said Tuesday it is limiting how much it pays its top executives, including granting a $1 salary for this year and the same for 2009 to its Chief Executive Edward Liddy.
