Traffic Deaths Spike 13.5% in First Quarter July 23, 2012 By Joan Lowy Traffic deaths soared 13.5 percent in the first quarter of the year compared to the same period last year, and...
Some Parts of Midwest Expecting Rain This Week July 23, 2012 Rain will fall early this week in the northern U.S. Midwest, with from 1 to 2 inches expected across a...
Nasdaq Boosts Payments to Firms Over Facebook IPO to $62 Million July 23, 2012 By John McCrank and Rick Rothacker Nasdaq OMX Group Inc. plans to pay out $62 million in cash to firms that lost money in Facebook Inc.’s...
Flood Risks Rampant across Asia’s Factory Zones; Insurers Concerned July 23, 2012 By Clare Baldwin and David Fogarty Global insurance companies are struggling to get a grip on their flood exposure in Asia nearly a year after one...
Super Rich Hold up to $32 Trillion in Offshore Havens July 23, 2012 Rich individuals and their families have as much as $32 trillion of hidden financial assets in offshore tax havens, representing...
China Rains, Floods Cause Many Deaths; Beijing Hit Hard July 23, 2012 The heaviest rain to hit Beijing in six decades killed at least 10 people [latest reports put the death toll...
Movie Studio Liability in Colorado Shooting Likely Limited July 23, 2012 By Terry Baynes Families of victims and survivors of the deadly shooting at the Batman movie who seek to sue Warner Bros. and...
Willis Creates New Units for Asia, Australasia, Middle East & Africa Operations July 23, 2012 Willis International, the broker’s’ retail division, announced that in “recognition of the size, growth and strategic importance of its Asia...
UIB Restructures Property Team to Promote Growth July 23, 2012 London-based international reinsurance broker UIB has overhauled its property team with a view to doubling the division’s revenues. UIB appointed...
Willis ILS Report: Catastrophe Reinsurance Market Nearing Strategic Shift July 23, 2012 A report from Willis Capital Markets & Advisory (WCMA), a unit of Willis Group Holdings, concludes that the “catastrophe reinsurance...