Risk
Arch Capital Unit Enjoys Travel Insurance Boom Over Zika Fears
Travel insurance sales for trips to Latin America have surged as vacationers consider scrapping their plans to avoid the rapidly spreading Zikavirus, one of the top U.S. providers, RoamRight, told ...
XL Catlin Will Disclose Q4 Earnings as Owner of Entertainment Specialty Insurer
XL Catlin has closed its purchase of Allied International Holdings, nearly six months after the planned acquisition was first announced in August. The deal for the U.S.-based specialty insurer of ...
GM Wants U.S. Judge to Reject Bid to Undo Switch Settlement Fund
General Motors Co has asked a judge to reject efforts by a lawyer who first publicly exposed a faulty ignition switch in GM vehicles to undo a settlement fund resolving 1,380 death and injury ...
Zika Health Worries: Brazil Advises Pregnant Women to Avoid Olympics
Pregnant women are advised not to travel to Brazil during the 2016 Olympic Games to avoid potential birth defects related to an outbreak of the mosquito-borne Zika virus, President Dilma Rousseff's ...
Zika Virus Raises Numerous International Liability Concerns: Marsh
Insurers must prepare for numerous liability risks as the Zika virus continues to spread internationally, a Marsh executive cautions. "Organizations in a number of industries – including ...
Lockheed Jet Database Fails Government Cyber Security Requirements
The Pentagon hasn't had updated information on maintenance of the F-35 jet since May because a Lockheed Martin Corp. database doesn't meet new government cyber security requirements, according to the ...
State Farm Ridesharing Coverage Endorsement Hits California, Colorado
State Farm is debuting a ridesharing coverage endorsement in California and Colorado, and promises a broader release for qualifying states in the months ahead. "We strive to meet the needs of our ...
Price Tag for Paris Climate Change Deal: $12.1 Trillion Over 25 Years
If the world is serious about halting the worst effects of global warming, the renewable energy industry will require $12.1 trillion of investment over the next quarter century, or about 75 percent ...