High-Tide Floods to Triple for Some East Coast Cities, Study Finds October 8, 2014 Flooding during high tides, which used to be rare, is now common in some places and could worsen to the...
Local Governments May Be Affected by Breach at Bond Insurer MBIA October 8, 2014 By Edward Krudy and Hilary Russ Bond insurer MBIA was told two weeks ago about a server breach that compromised the data of thousands of local...
Geithner Asked Buffett for Opinion on AIG Before 2008 Bailout October 8, 2014 By Laura Davison and Zachary Tracer Billionaire Warren Buffett said he gave an appraisal of American International Group Inc. to Timothy Geithner, then the head of...
Geithner Testifies He Was Responsible for AIG Loan Rate October 8, 2014 By Andrew Zajac and Christie Smythe Timothy Geithner backed away from two of his more provocative assessments of the 2008 bailout of American International Group Inc.,...
Google Liable for Damages for Celebrities’ Private Photos? October 7, 2014 By Brendan Pierson A lawyer who represents about a dozen female celebrities whose private photos were posted online by hackers has threatened to...
Ex-U.S. Security Chief Ridge, Guy Carpenter, Lloyd’s Launch Cyber Policy October 7, 2014 Reinsurance specialist Guy Carpenter & Co. is launching a new cyber privacy and network protection product with Ridge Insurance Solutions...
Supreme Court Agenda Includes Key Business Cases October 7, 2014 By Lawrence Hurley Gay marriage may be the most anticipated issue heading for the U.S. Supreme Court, but the justices also must tackle...
Willis’ Ryan Joins Marsh As Gaming Practice Leader October 7, 2014 Insurance broker Marsh has named Christian Ryan, a real estate, gaming and hospitality insurance broker, as its U.S. Gaming Practice...
Treasury to Weigh Changes, Hear MetLife Challenge on Systemic Risk October 6, 2014 By Ian Katz U.S. Treasury Secretary Jacob J. Lew said a council of financial regulators will consider changes to how it evaluates companies...
Ex-Treasurer Paulson Defends AIG’s Harsh Loan Terms October 6, 2014 By Andrew Zajac and Christie Smythe American International Group Inc. received harsher terms than other financial institutions in the 2008 financial crisis because regulators needed to...