Risk
Obamacare Could Lead to Medical Cost-Sharing, Other Effects on P/C: IRC
The property/casualty insurance industry is likely to face cost shifting by hospitals, physicians and other medical providers due to the Patient Protection and Affordable Care Act (ACA), according to ...
U.S. AG Says National Standard Needed for Breach Notices
U.S. Attorney General Eric Holder, citing the recent massive data theft at retailer Target Corp, urged Congress on Monday to enact a national standard for notifying consumers about such breaches. ...
British Floods Hit Aviva, RSA, Direct Line
Aviva Plc, RSA Insurance Group Plc, and Direct Line Group Plc are poised to bear the brunt of losses from flooding in Britain that is estimated to cost the industry as much as 1 billion pounds ($1.7 ...
What Might Happen If El Nino Returns
Global cocoa prices have rallied to 2-1/2-year highs on worries El Nino could return in 2014, while other agricultural commodity markets could also be hit by the spectre of the weather anomaly. El ...
Vermont Hopes LIMA Law to Attract Runoff Business Mirrors Success of Captives
A new law in Vermont would soon authorize the state to license and regulate specialized Vermont-based companies whose only purpose would be to assume and manage closed blocks of non-admitted ...
A Short Digression into the Root Cause of the Financial Crash
Six years after the financial crisis, there is some common understanding of the root causes of the 2008 crash in the U.S. as well as the causes of its recessionary cousin, the 2010 banking and ...
The FSB Objective: Never Waste a Good Crisis
We have had the benefit of more than six months since the designations were announced by the Financial Stability Board (FSB), and we now also have the Oct. 9, 2013 statement by the International ...
Reuters: Regs Being Drafted to Prep Power for U.S. Solar Storms
U.S. electricity regulators have begun drafting new reliability standards to protect the power grid from a repeat of severe geomagnetic storms like those that crippled the U.S. telegraph service in ...