Treasury Says More Time Needed to Complete FIO’s Modernization Report February 2, 2012 By Young Ha The Treasury Department’s Federal Insurance Office was expected to complete and send its highly anticipated report on modernization of insurance...
Allstate Doubles Q4 Profit February 2, 2012 By Andrew G. Simpson Allstate Corp. reported that its profit more than doubled in the fourth quarter thanks to lower catastrophe losses and improved...
Judge Allows South Carolina Company’s Twitter Lawsuit Against Employee February 2, 2012 By Meg Kinnard A South Carolina company’s lawsuit accusing a former employee of costing it hundreds of thousands of dollars in lost business...
Haiti, Dominican Republic May Be Entering Big Earthquake Period February 2, 2012 By Trenton Daniel Haiti and the neighboring Dominican Republic could be in for a period of periodic powerful earthquakes, according to a recent...
Korea Life Considers Bid for ING’s Asia Insurance Business February 2, 2012 By Ju-min Park Korea Life Insurance Co. Ltd said on Thursday that it is reviewing the feasibility of bidding for ING Groep NV’s...
Kodak Employee Sues Company Directors Over Stock February 2, 2012 An Eastman Kodak employee filed a civil lawsuit against Kodak’s board members and other fiduciaries of the photography companies’ retirement...
Japan Governor Wants Nuclear Safety Pledge in Writing February 2, 2012 By Risa Maeda Japanese governor Tokihiro Nakamura believes nuclear power is vital for the resource-poor land, but even he says the central government...
Brokerage Schwab Hit with Complaint Over Client Lawsuit Waivers February 2, 2012 By Joseph A. Giannone and Suzanne Barlyn Wall Street’s own watchdog filed a complaint against Charles Schwab Corp. on Wednesday accusing the online brokerage of requiring customers...
Major Companies Keeping Cyber Attacks Secret from SEC, Investors: Report February 2, 2012 By Joseph Menn At least a half-dozen major U.S. companies whose computers have been infiltrated by cyber criminals or international spies have not...
Super (Insurance) Coverage for the Super Bowl February 2, 2012 By Jonathan Schwarzberg They say it’s a game, but it’s really a lot more than that. For football fans, the Super Bowl is...