Senior Drivers Open to Discussion About Limiting Driving: Survey June 24, 2014 There are currently more than 23 million licensed drivers aged 70 and older and as baby boomers soon begin turning...
FAA Drone Regulations Bar Hobbyists Near Airports, Crowds June 24, 2014 By Alan Levin To corral a surge in incidents of reckless, recreational drone use, the U.S. government barred flights of small unmanned aircraft...
Latest Carlyle Financial, Insurance Equity Fund Raises $1 Billion June 24, 2014 By Greg Roumeliotis Private equity firm Carlyle Group LP said on Monday it had raised $1 billion for its second fund focused on...
Treasury Chief Lew Backs Financial Regulators and Risk Designations June 23, 2014 By Ian Katz and Kasia Klimasinska U.S. Treasury Secretary Jacob J. Lew pushed back against Republican efforts to curtail the work of a council of regulators...
Validus to Buy Western World Insurance for $690M June 23, 2014 Validus Holdings said it has agreed to acquire specialty insurer Western World Insurance Group for $690 million in a deal...
OneBeacon’s Sale of Runoff Business to Armour Still in Progress June 23, 2014 OneBeacon Insurance Group Ltd. said it is making progress in the sale of its runoff business to Armour Group Holdings...
Willis’ Longmore Joins Marsh’s FINPRO June 23, 2014 Marsh announced that Ann Longmore will join the firm’s FINPRO Practice in New York as its new multinational practice leader...
Supreme Court Sides with Halliburton in Securities Class Action Certification Case June 23, 2014 By Lawrence Hurley The U.S. Supreme Court on Monday imposed new curbs on securities class action lawsuits filed by investors against publicly traded...
National Parks Service Temporarily Bans Drones Over Its Lands, Waters June 23, 2014 The National Park Service last Friday temporarily banned the launching, landing or operating unmanned aircraft or drones on lands and...
Allstate Estimates $440M Catastrophe Losses for May June 23, 2014 Allstate Corp. estimated that it had $440 million in pre-tax catastrophe losses for the month of May 2014 —or $286...