Berkshire Hathaway Insures $1 Billion Prize for Predicting NCAA Winners January 21, 2014 By Noah Buhayar and Zachary Tracer Warren Buffett’s Berkshire Hathaway Inc. is backing a $1 billion prize offered by Quicken Loans Inc. if a contestant predicts...
Travelers More Than Triples Profit in Q4 on Lower Disaster Losses, Higher Prices January 21, 2014 By Noah Buhayar and Zachary Tracer Travelers Cos., the property/casualty insurer in the Dow Jones Industrial Average, said fourth-quarter profit more than tripled as claims costs...
Police on Night Shift More Likely to Suffer Long-Term Injuries January 21, 2014 Police officers working the night shift are significantly more likely to suffer long-term on-the-job injuries than officers on day and...
Car Use No Longer Growing in Developed World, But Why? January 20, 2014 By John Kemp Car use appears to have leveled off and even started falling in many of the world’s advanced economies long before...
State Laws Provide Leeway For Businesses Reporting Data Breaches January 20, 2014 By Karen Freifeld A decade of lawmaking by U.S. states to ensure consumers are told when their data has been hacked still lets...
Why BP May Regret Aggressively Challenging Oil Settlement Payments January 17, 2014 By Mica Rosenberg A year after agreeing to a multi-billion dollar settlement with victims of the 2010 Gulf oil spill, BP is aggressively...
Commuter Train Crashes Prompt Call for Safety Improvements January 17, 2014 By Alan Levin Commuter rail accidents including a New York derailment last month that killed four prompted a U.S. investigative agency to name...
Senate Joins House in Approving Spending Bill with Narrow Flood Insurance Fix January 17, 2014 The Senate (72-26) yesterday joined the House of Representatives (359-67) in passing a $1.1 trillion compromise omnibus spending bill that...
Argo Pro Launches EPL Insurance Hotline for Policyholders January 17, 2014 Argo Pro, a member of Argo Group International Holdings, an international underwriter of specialty insurance and reinsurance products, has launched...
Ex-Treasury Official Wolin Urges Federal, State Collaboration to Improve Regulation January 17, 2014 By Young Ha To make continued improvements in the U.S. insurance regulatory system, it’s imperative for state and federal officials to work collaboratively...