Interview: D&O Cyber Liability, Cyber Risks Top Lawyers’ Agenda October 1, 2014 By Charles E. Boyle Jeff Kingsley, a partner with the law firm of Goldberg and Segalla, specializes in technology risks, notably cyber liability and...
Nehra Joins Starr Companies to Lead Political Risk Group October 1, 2014 Rashmi Nehra has joined Starr Companies in New York as a practice leader managing its Political Risk group. She will...
Federal Reserve to Study Effect of Banks’ Systemic Risk Rules on Insurers October 1, 2014 By Emily Stephenson The U.S. Federal Reserve on Tuesday announced plans to study the potential effects of forcing big insurance companies to meet...
Hong Kong Protests Prompt Financial Firms to Relocate Staff October 1, 2014 By Michelle Price and Stephen Aldred Some banks and other financial firms have begun moving staff to back-up premises on the outskirts of Hong Kong to...
Danish FSA Warns Insurers, Banks About Risky Bond Sales October 1, 2014 By Frances Schwartzkopff Denmark’s financial watchdog warned lenders and insurers against selling their riskiest bonds to their own retail clients amid signs Scandinavian...
HCC Insurance Eyes Crop Insurance with Acquisition of Producers Ag October 1, 2014 HCC Insurance Holdings Inc. said has agreed to acquire Producers Ag Insurance Group Inc. (ProAg) from CUNA Mutual Group in...
Schumacher Appointed CFO at SI Re October 1, 2014 Signal Iduna Reinsurance AG (SI Re), a Swiss reinsurer based in Zug, Switzerland, has appointed Patrick Schumacher as its new...
California Increases Consumer Protections for Pet Insurance September 30, 2014 Pet insurers must disclose important information regarding their policies, standardize definitions, and provide consumers with a 30-day “free look” period,...
Federal Reserve Was Reluctant to Rescue AIG, Urged Private Sector Loan: Trial September 30, 2014 By Andrew Zajac The Federal Reserve Board of Governors didn’t want to bail out American International Group Inc. with an $85 billion loan,...
Appeal of Worker Fired For Medical Marijuana Being Heard by Colorado Court September 30, 2014 By Brendan Pierson The Colorado Supreme Court on Tuesday heard arguments over whether employees can be fired for using medical marijuana, which is...