P/C Insurers Face Challenge to Match 2013 Results in 2014 January 15, 2014 By Young Ha The U.S. property/casualty insurance industry reported strong performance in 2013, but in 2014, the industry may find it difficult to...
Chubb Europe Launches Updated ‘MasterPackage’ for Technology Companies January 15, 2014 Chubb Insurance Company of Europe SE announced the launch of the new edition of its MasterPackage for Technology Companies policy....
United Nations Explores Climate Change Solutions; Urges Carbon Dioxide Removal January 15, 2014 By Alister Doyle Governments may have to extract vast amounts of greenhouse gases from the air by 2100 to achieve a target for...
Sen. Rockefeller Requests Increased Funding for Chemical Safety Board January 15, 2014 U.S. Sen. Jay Rockefeller is seeking more funding for the U.S. Chemical Safety Board following a spill in West Virginia...
Kmart’s Flood Damage Claims Against Kroger Going to Trial in Mississippi January 15, 2014 A federal judge has denied a request from Kmart Corp. to file a corrected report on testimony of its engineering...
Credit Card Breach Update: Neiman Marcus Investigated; Target Sued by Bank January 15, 2014 By Andrew Harris and Chris Dolmetsch Neiman Marcus Group Ltd. is being investigated by states including Connecticut and Illinois over the theft of customer credit-card data...
Judge Delays NFL’s $914M Concussion Settlement January 15, 2014 By Jef Feeley and Sophia Pearson National Football League’s $914 million settlement of claims tied to player concussions was denied preliminary approval by a federal judge...
Tepco Rebuilding Plan Approved January 15, 2014 By Masumi Suga and Jacob Adelman Tokyo Electric Power Co. won the support of the government and banks for a plan to rebuild its business, the...
Uninsured Losses from Natural Disasters Growing: Swiss Re January 15, 2014 By Carolyn Bandel Natural catastrophes are growing more costly and uninsured losses are increasing, according to David Cole, chief risk officer of Swiss...
Verisk Buying EagleView Technology for $650M to Add Images of U.S. Structures January 15, 2014 By Alexandria Baca Verisk Analytics Inc., the supplier of data to insurers and banks, agreed to buy EagleView Technology Corp. for $650 million...