Risk
FHA Actions May Force Private Mortgage Insurers to Cut Premiums
Private mortgage insurers in the United States may have to cut premiums to better compete with the Federal Housing Administration, which plans to reduce premiums in the government's latest attempt to ...
The Driverless Car Market Could Be Worth $42 Billion in a Decade
Vehicles that drive themselves on the freeway or take over in traffic jams may be on the road in large numbers by 2017 and autonomous cars might create a $42 billion market for the technology by ...
2014 Natural Catastrophe Losses Well Below Average: Munich Re
Overall losses from natural catastrophes totaled $110 billion in 2014, down from $140 billion in 2013, due to a lack of severe catastrophes and a quiet North Atlantic hurricane season, according to a ...
Environmental Groups Sue EPA for Fracking Data
A coalition of advocacy groups sued the U.S. Environmental Protection Agency seeking access to information on toxic chemicals released by the energy industry through hydraulic fracturing, or ...
The U.S. Senate Approves House TRIA Bill; Obama’s Signature Widely Expected
The U.S. Senate voted overwhelmingly to reauthorize the federal terrorism reinsurance program that had been allowed to lapse on Dec. 31, a day after the House took similar action. President Barack ...
USAA to Test Ridesharing Insurance Coverage in Colorado
USAA will test auto insurance coverage in Colorado designed to fill a gap left in the surging ridesharing industry. Ridesharing competes with traditional taxis by offering one-time shared rides over ...
Ukraine Blames Russia For Hacker Attack Against German Government
Ukraine's prime minister blamed Russian intelligence on Thursday for a hacker attack against German government websites, for which a pro-Russian group claimed responsibility. The attack on Wednesday ...
Insurers Hope to Identify AirAsia Crash Beneficiaries by Month’s End
Insurers have begun processing claims in the crash of an IndonesiaAirAsia aircraft last month and hope to identify the beneficiaries by the end of January, an official from Indonesia's financial ...