Risk
Experts See U.S. Default As Financial Apocalypse
Anyone who remembers the collapse of Lehman Brothers Holdings Inc. little more than five years ago knows what a global financial disaster is. A U.S. government default, just weeks away if Congress ...
World Bank: Poor Countries Should Manage Risk, Expand Insurance to Grow
Developing countries should be more willing to take risks that have the potential to spur growth, the World Bank said in a report. While disregarding risk can lead to economic disaster, too much fear ...
EU-U.S. Split Over Financial Regulation As Government Shutdown Delays Trade Talks
Even before the cancellation of the latest round of EU-U.S. talks, negotiations to create the world's largest free-trade deal were getting into difficulty territory. France won a concession to leave ...
Verisk Analytics Forms Verisk Climate Division
Verisk Analytics announced last week that the firm has formed Verisk Climate, a division to respond to customers' needs for new solutions to manage enterprise climate and environmental risks. Verisk ...
Adobe Says Source Code, Customer Data Stolen By Hackers
Adobe Systems Inc. said on Thursday that hackers had stolen source code to some of its most popular software and data about millions of its customers. Security experts worry about the theft of source ...
Entertainment Insurers Re-Tune Policies After Michael Jackson Case
When Britney Spears takes the stage this December for the first of a heavily hyped 100-show two-year residency at Planet Hollywood in Las Vegas, the loudest cheers may come from her insurance ...
Tropical Storm Karen Forecast to Threaten U.S. Gulf Coast
Tropical Storm Karen has formed in the Gulf of Mexico and is expected to make landfall along the U.S. Gulf Coast, the National Hurricane Center said Thursday morning. The tropical storm is located ...
EU Commissioner Recommends Solvency II Delay to 2016
The European Commission has officially proposed a postponement of the January 2014 start date for the implementation of Solvency II, according to a statement from Michel Barnier, the commissioner ...