Risk
Wildfires Force Evacuations in West Coast States
Wildfires burning through dry terrain in West Coast states have forced scores of evacuations as fire teams worked to corral the blazes. Lightning sparked dozens of fires in Northern California, ...
Death Toll in China Quake Near 400
Torrential rains slowed rescue efforts after a magnitude-6.5 earthquake killed at least 398 people in southwest China, as Premier Li Keqiang flew to the region to oversee the response to the ...
Who Pays? UCLA Sorting Out Pipe Break Claims; Cities Vulnerable
Hundreds of cars submerged below murky water. A landmark basketball court, newly refurbished, showing signs of buckling. Soaked and stained carpets. An athletic track coated in mud. Damage costs had ...
Firms With Diverse Boards Pay More Dividends But Take Less Risks: University Research
Corporations with more diverse boards of directors are more likely to pay dividends to stockholders and are less prone to take risks than firms whose boards are more homogenous, according to a study ...
Allstate Reduces Private Equity and Real Estate Stakes
Allstate Corp., the largest publicly traded U.S. auto and home insurer, sold about $300 million of private equity and real estate investments in the second quarter as values surged. "We thought the ...
The Hartford Discloses a Second-Quarter Slump
The Hartford Financial Services Group said Wednesday its 2014 second quarter net loss widened to $467 million, compared to a net loss of $190 million during last year's second quarter. The results ...
SCOR Scores in the First Half of 2014
SCOR, the French reinsurance giant, said it produced healthy results in the 2014 second quarter and the first half of the year, driven, in part, by a lower level of natural catastrophes than ...
AXIS Builds Momentum With Broad Growth
AXIS Capital Holdings gave investors some cause for celebration with its midyear results. The Bermuda specialty insurer and reinsurer reported growth for its 2014 second quarter in nearly every ...