Risk
Britain’s Legal & General Group: Corporate Bulk Annuities Soar in 2014
Legal & General Group Plc's shares gained in London trading after the insurer said 2014 will be a record year for its corporate bulk annuities business, mitigating a 61 percent slump in sales to ...
Insurers Come Out Ahead in Court With HUD Disparate Impact Ruling
Property/casualty insurer trade groups won a court victory Monday when a federal judge ruled in their favor that the U.S. Fair Housing Act does not prohibit housing practices including the pricing of ...
Allied World Eyes Medical Facility Coverage Opportunities in the U.S.
Switzerland's Allied World Assurance Company Holdings sees insurance opportunity in the U.S. for broad medical facility coverage, and is launching a new product grouping to capitalize on the ...
AAA: Sleepy Drivers Trigger More Auto Accidents Than Expected
Auto insurers take note: Drowsy driving leads to motor vehicle crashes at much higher levels than federal statistics currently suggest, a new study has concluded. The AAA Foundation For Traffic Study ...
XL Group’s CEO Bashes Hedge Fund Insurance Investments
Hedge funds looking for new investments may be pushing too fast into insurance, said Michael McGavick, the chief executive officer of XL Group Plc. McGavick joins Franklin Montross, the CEO of ...
No Explosion in Virgin Spacecraft Crash
An investigation into the deadly crash of a Virgin Galactic spaceship has found that a function to help the craft descend into the atmosphere was deployed early, a federal safety official said on ...
U.N. Report Says Emissions Must be Cut to Zero by 2100 to Curb Climate Risks
Governments can keep climate change in check at manageable costs but will have to cut greenhouse gas emissions to zero by 2100 to limit risks of irreversible damage, a U.N. report said on Sunday. The ...
Scientists Offer Predictions on U.S. Ebola Cases; RMS Says Worst Case 130
Top medical experts studying the spread of Ebola say the public should expect more cases to emerge in the United States by year's end as infected people arrive here from West Africa, including ...