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Head of Crumbling Foundations Fund Says $1B Needed

The superintendent of a new captive insurance company charged with distributing millions of dollars to Connecticut homeowners with crumbling foundations is warning he doesn’t have enough money to address the problem. Michael Maglaras said he hopes to secure funding and assistance to help the thousands of affected homeowners from various sources, including the insurance...
New President and CEO of LIMRA, LOMA and LL Global Named

New President and CEO of LIMRA, LOMA and LL Global Named

David Levenson has been named the next president and CEO of LL Global, the parent company of life insurance and financial services companies LIMRA and LOMA. Levenson succeeds Robert Kerzner, who is retiring after 14 years in the position.

Travelers CFO to Step Down; Successor Named

Travelers CFO to Step Down; Successor Named

The Travelers Cos. Inc. announced earlier this week that Jay S. Benet will step down from his role as CFO, effective Sept. 1. Benet, who has held the position since 2002, will remain on the senior leadership team as vice chairman.

A Fast Track To Leadership At CREW-CT

A Fast Track To Leadership At CREW-CT

She’s only been a member for five years, but Lisa Lugauskas is on a fast track to leadership at Connecticut’s largest organization for women in the commercial real estate industry.

Head of New US Corporate Health Plan Cites Surgery as Biggest Cost

Dr. Atul Gawande, a surgeon who was named this week to head the company being formed by Amazon, Berkshire Hathaway and JPMorgan Chase to trim employee health care costs, on Thursday cited surgery as the single biggest U.S. health care cost and said there are ways to both cut costs and improve patient care.