Latest El Niño 2014 Forecast: Weak and Late

El Niño will probably develop as a weak event in late summer or early fall in the Northern Hemisphere, according to MDA Weather Services, while Commodity Weather Group LLC said it may be delayed for ...

Are Storm Shutters Unsafe? Fire Deaths Probed

Esther Mibab felt nervous in her home in The Acreage. So nervous that she kept her accordion-style hurricane shutters closed, even in the off-season. Closed and locked. From the outside. Authorities ...

Aspen CEO Sees Opportunity in Aviation War Market

While insurers including Allianz SE, Atrium Underwriting Group and AIG have taken recent hits with plane crashes in the Ukraine, Taiwan and elsewhere, Aspen Insurance Holdings has avoided major ...

Allianz’s Pimco Plans For More Democratic Future

When Bill Gross eventually retires as chief investment officer of California-based asset manager Pimco, his "Bond King" crown will go with him. Allianz, the German insurer which owns Pimco, wants to ...