Allianz Denies Florida Charges in Magnolia Failure

Allianz Risk Transfer (ART NY) has vowed to fight charges levied by Florida regulators that it contributed to the collapse of a domestic property insurer by seizing management control and saddling it ...

Software Glitch Shuts Down CBOE

A software glitch shut down the Chicago Board Options Exchange for half the day on Thursday, preventing trading in options on two of the U.S. stock market's most closely watched indexes and ...

Are Class Actions Looming After Twitter Hoax?

A securities lawyer appearing on CNBC on Thursday, two days after the financial markets were shaken by a Twitter hoax, suggested that liability lawsuits—and even class actions—are now in the ...

Risk Views: Insurers vs. Other Industries

Insurers, who are in the business of taking risk for a living, have a slightly different view of the top risks facing their organizations than risk professionals in other industries. The ranking in ...

U.S. SEC Looks To Ease Rules For Launching ETFs

The U.S. Securities and Exchange Commission may revive a proposal that would make it easier and cheaper to launch certain kinds of exchange-traded funds, according to interviews with SEC staff. Amid ...