Trump’s FTC Appointee Eyes Task Force to Investigate Drug Prices February 16, 2018 President Donald Trump’s nominee to lead the Federal Trade Commission said he’s “very concerned” about price increases for prescription drugs...
Europe’s Windstorm Burglind (aka Eleanor) Estimated to Cost $802.5M: PERILS February 16, 2018 Initial insured losses for Extratropical Cyclone Burglind (also known as Eleanor) are estimated at €643 million (US$802.5 million), according to...
London Unveils New Rules for Uber’s Drivers, Cars; Fleet Insurance Also Eyed February 16, 2018 By Alex Morales London’s transport authority unveiled proposed new rules for private hire taxi companies such as Uber by requiring them to limit...
Cyber Risk Management Fails to Measure Up to Escalating Cyber Risks: Marsh, Microsoft February 16, 2018 Few organizations are highly confident in their ability to manage the risk of a cyber attack, despite viewing cyber security...
Allianz Reports 22% Drop in Q4 Profit but Still Plans Dividend Hike February 16, 2018 By Julie Edde and Andrew Blackman A record year for natural-disaster insurance claims worldwide and a decline in fourth quarter profit wasn’t enough to stop Allianz...
Siemens Joins 8 Industry Partners (Including Allianz) to Counter Cyber Attacks February 16, 2018 By Oliver Sachgau and Jacqueline Simmons Siemens AG is joining with companies including Airbus SE and IBM to try to counter large-scale hacking attacks that threaten...
UK Supports Post-Brexit Mutual Recognition System for London’s Financial Services February 16, 2018 By Andrew MacAskill Britain’s government is ready to push for the kind of Brexit plan for financial services that the City of London...
Weinstein-Wary Businesses Updating Employee Dating Policies February 16, 2018 By Joyce Rosenberg It happens in so many workplaces — two colleagues begin a romantic relationship. But a heightened awareness about sexual harassment...
Drone Suspected in Helicopter Crash Landing in South Carolina February 16, 2018 By Alan Levin A helicopter’s crash landing in South Carolina this week may have been triggered by a civilian drone, which would make...
‘Public Is Tired of Excuses’ for Delays in Anti-Crash Tech: Republican Chairman February 16, 2018 By David Shepardson The chair of a congressional committee on Thursday urged U.S. railroads and transit agencies to meet a looming deadline to...