Risk
JLT Specialty USA Chooses Chicago as U.S. Headquarters
JLT Specialty USA has chosen Chicago as its U.S. headquarters. The U.S. subsidiary of Jardine Lloyd Thompson Group plc announced the news on Jan. 18, along with Chicago Mayor Rahm Emanuel. JLT's US ...
$1B GM Ignition Switch Settlement Tossed by Judge
A federal bankruptcy judge on Thursday said a settlement agreement that would require General Motors Co to pay $1 billion in stock to car owners suing the company over faulty ignition switches was ...
Global Elite’s Biggest Risk Worries: Cyber Attacks and War in the Age of Trump
The threat of large-scale cyberattacks and a "deteriorating geopolitical landscape" since the election of U.S. President Donald Trump have jumped to the top of the global elite's list of concerns, ...
Did Russia Meddle in Brexit? Facebook Widens Probe to Find Out
Facebook said on Wednesday it would conduct a new, comprehensive search of its records for possible propaganda that Russian operatives may have spread during the run-up to Britain's 2016 referendum ...
Cyber Most Feared Business Interruption Trigger: Allianz Risk Report
Business interruption and cyber incidents interlink as the major threat facing companies over the coming year, according to a report published by Allianz Global Corporate & Specialty (AGCS). ...
Federal, State Regulators Propose Consolidated Collection of Terrorism Insurance Data
The process carriers follow to collect data required under the U.S. federal terrorism reinsurance program are moving toward a more streamlined approach in 2018. Previously, U.S. Department of ...
Calif. Mudslides Devastate Billionaire Enclave; Insurance Damage Could Be Massive
The mudslides on the California coastal town of Montecito have devastated a wealthy enclave where billionaires including Charlie Munger, Eric Schmidt and Oprah Winfrey own properties, with hundreds ...
Spain and Netherlands Will Push for Soft Brexit Deal to Keep UK Close
Spanish and Dutch finance ministers have agreed to push for a Brexit deal that keeps Britain as close to the European Union as possible, according to a person familiar with the situation. Spanish ...