GM Tells Ignition Switch Jury: ‘Sometimes Accidents Just Happen’ March 15, 2016 By Erik Larson “Sometimes, accidents just happen,” a lawyer for General Motors Co. told a U.S. jury in defense of the carmaker at...
What About Cuba as an Insurance Market? March 15, 2016 By Andrew G. Simpson There may be opportunities for some businesses including insurers in Cuba as the U.S. restores diplomatic ties but there are...
Rural Coastal Counties Fear Economics of Battle Against Rising Seas March 15, 2016 Tyrrell County sits just inland from North Carolina’s Outer Banks barrier islands. With 3,600 people living and farming along 400...
Clermont Specialty Managers to Offer Cyber Coverage Through HSB March 14, 2016 Clermont Specialty Managers, a W.R. Berkley company, is now offering data compromise and Cyber One coverages for their customers through...
Regulations Create Roadblock for Automated Cars Without Human Controls March 14, 2016 By Alan Levin Existing U.S. laws pose few barriers to adoption of autonomous vehicle technology so long as cars and trucks stick with...
China Insurer Anbang Offers $6.5 Billion to Buy Major U.S. Hotel Group March 13, 2016 By Mike Stone China’s Anbang Insurance Group has agreed to acquire Strategic Hotels & Resorts Inc. for around $6.5 billion, as the owner...
Berkshire Hathaway Balks at Reporting on Climate Change Risks March 13, 2016 By Jonathan Stempel Warren Buffett’s compensation for running Berkshire Hathaway Inc. edged up 1 percent last year to $470,244, reflecting an increase in...
Insurers with Big Stake Buy Puerto Rico Bonds March 13, 2016 By Michelle Kaske The companies with the most at stake in Puerto Rico’s debt crisis have become buyers of the island’s bonds. MBIA...
CoreLogic Expands National Parcel Boundary Database March 11, 2016 CoreLogic, a global property information, analytics and data-enabled services provider, has expanded its proprietary property parcel database to cover more...
Federal Judge Rules BP Absolved from U.S. Lawsuits Over Drilling Ban March 11, 2016 By Jonathan Stempel BP Plc does not have to face U.S. lawsuits by energy and drilling companies over losses they suffered from an...