Underwriting
GE’s Slimmed Down Financing Arm Sheds ‘Too Big To Fail’ Designation
General Electric Co.'s slimmed down financing arm shed its "too big to fail" designation on Wednesday, no longer deemed by the U.S. government "systemically important" and so liable to wreck the ...
July 4 Weekend Could See a Surge in Traffic Deaths
U.S. traffic fatalities over the Independence Day weekend will probably climb this year to the most since 2008 as an improved economy and lower gas prices encourage more people to get behind the ...
Kudos, Plus a Plea for More Use of Natural Defenses to Reduce Climate Risks
U.S. communities are arguably making progress using natural defenses to help protect themselves from disasters and climate change hazards. As of now, however, the effort still falls short and much ...
W.R. Berkley Debuts Political Risk Coverage Targeted to Life Sciences Companies
W.R. Berkley Corp. is launching political risk insurance for life sciences companies, a type of product that has become increasingly popular in uncertain times. The insurer plans to offer the ...
Airbnb Seen as Winning Legal Battle Against Hometown San Francisco
San Francisco has picked a fight with Airbnb that it probably can't win. On Monday, the home-rental business filed a lawsuit against its hometown, saying that San Francisco's attempt to get Airbnb to ...
Global Insurance Premium Grows at Healthy Clip Despite Trade Slowdown: Swiss Re
Despite a challenging business environment and global trade slowdown in 2015, global direct premiums written grew by 3.8 percent in real terms, up from 3.5 percent in 2014, according to Swiss Re's ...
Miami Predatory Lending Lawsuit Heads to U.S. Supreme Court
The U.S. Supreme Court on Tuesday agreed to decide whether Miami can pursue lawsuits accusing major banks of predatory mortgage lending to black and Hispanic home buyers resulting in loan defaults ...
VW’s $15B Diesel-Cheating Settlement Will Only Go Higher in Months Head
Volkswagen AG's $15.3 billion agreement to get a half million emissions-cheating diesel vehicles off U.S. roads sets an auto-industry record that will only go higher as criminal probes and lawsuits ...