Peter Hancock Succeeds Bob Benmosche as AIG CEO

Hancock joined AIG in 2010 and was named CEO of AIG Property Casualty in March 2011, when the division was reorganized into two major global groups: Commercial and Consumer.


South Napa Earthquake’s Insured Losses Could Reach $1b – EQECAT

(The 6.0 earthquake caused damage to historical buildings in the city of Napa, Calif. Photo of damage to the city’s Post Office by Matthew Keys.) Insurance losses could range from $500 million to $1 billion, according to a report on the incident by CoreLogic EQECAT. The 6.0 magnitude quake, which occurred at 3:20 a.m. local time Read More »