Risk
Are Multiyear Policies the Answer For Flood? Behavioral Economics Meets Insurance
Buyers and sellers of flood insurance can benefit from a longer-term perspective, and long-term multiyear policies may be the key to reforming the current system, a Wharton School professor said last ...
Heartbreak for Some in Colorado With No Flood Policy
Jessica Klauzer-Zimmerman and her children have been sleeping on friends' couches since floodwaters sloshed into her Boulder townhouse—which wasn't covered by flood insurance. "We were told we ...
SEC Turns Policy Corner with JPMorgan Guilty Admission
The U.S. Securities and Exchange Commission, in settling claims with JPMorgan Chase & Co. over its handling of a $6.2 billion trading loss, landed its biggest victory yet in fulfilling a pledge ...
TRIA Structure Will Change, But Renewal Expected: Analyst
After property/casualty insurance industry representatives presented testimony before the House Committee on Financial Services on the future of the federal terror backstop, a research firm predicted ...Japan’s Abe Orders Surviving Fukushima Reactors Scrapped, Pledges Safe Olympics
Japanese Prime Minister Shinzo Abe ordered the scrapping of two Fukushima nuclear reactors that survived the 2011 tsunami, a write-off that threatens to complicate a turnaround plan the operator has ...
Two Years On: How Nuclear Sells Itself Post-Fukushima
Two years after the catastrophe at Japan's Fukushima plant, sellers of atomic reactors woo potential buyers with the promise that lessons learned from one of the world's worst nuclear disasters make ...
Obama’s Energy, EPA Chiefs Say Climate Plan Won’t Kill Coal
New rules limiting emissions from U.S. power plants that are expected to be proposed on Friday will "provide certainty" to the coal industry, environment and energy chiefs told lawmakers anxious ...
PartnerRe Says German Hail Impact to Exceed $50M
PartnerRe Ltd. announced estimates of its cost for the German hailstorms that occurred in the last week of July 2013, putting the losses at between $50 million and $60 million pre-tax. The range of ...