Pressure Building on AIG CEO Hancock July 27, 2016 By Sonali Basak The American International Group Inc. chief executive officer has posted three straight quarterly losses and will probably report Tuesday that...
Reinsurance Cycle Is Not Dead Yet so Buyers Need to Put It to Good Use: JLT Re July 27, 2016 By L.S. Howard Despite proclamations by some observers that the reinsurance cycle is dead, JLT Re says, reports of its demise are greatly...
Federal Workplace Safety Violation Fines Going Up Aug. 1 July 27, 2016 By Joyce M. Rosenberg Businesses that are found in violation of federal occupational safety and health laws will pay more in penalties starting Aug....
$14.7B VW Diesel Settlement Gets Preliminary Approval July 27, 2016 By David Shepardson Volkswagen AG’s $14.7 billion settlement of its U.S. diesel emissions cheating scandal cleared another legal hurdle on Tuesday, as a...
Safety Board Finds Automated Tesla Involved in Crash Was Speeding July 27, 2016 By Alan Levin and Jeff Plungis Federal investigators probing the deadly wreck in Florida of a Tesla car that was using automated driving technology have found...
Drought in Northeast Could Last Through October July 27, 2016 By Michael Casey At Lavoie’s Farm in New Hampshire, beans and corn haven’t broken through the ground yet and fields of strawberries are...
XL Group Completes Relocation of Domicile to Bermuda July 27, 2016 XL Group Ltd. announced it has completed its redomestication to change the place of incorporation of the ultimate parent holding...
Vermont Police Say Drunken Driver Who Crashed Was Playing Pokemon Go July 27, 2016 Vermont State Police say a drunken driver was playing “Pokemon Go” on his cellphone when he crashed his car. Officers...
Correction: Catalina to Buy Hartford Financial Products International & Downlands Liability Management July 27, 2016 (Editor’s Note: The original version of this article published yesterday, July 26, omitted “International” from the headline “Catalina to Buy...
Growth of China’s Shadow Banking Hikes Financial Risks for Banks, Insurers: Moody’s July 27, 2016 Shadow banking activity in China has expanded further and now accounts for nearly a third of the total banking sector...