Underwriting
Target Breach Shows U.S. Lagging in Security; CEO Apologizes
The security breach of credit- and debit-card data at Target Corp. is evidence of the increasing threats retailers face and a reminder that the U.S. lags behind much of the world in securing personal ...
Berkshire Hathaway Specialty Emerges as Serious Player in 2013
The year 2013 has been quite eventful for Berkshire Hathaway Specialty Insurance (BHSI)—or half of a year, anyway. Since opening its doors for business in June with much fanfare, the new venture ...
Lead Paint Verdict May Set Dangerous Precedent: McArdle Viewpoint
A California judge has just ruled that manufacturers of lead paints and pigments have to pay 10 cities in California $1.1 billion to remediate lead paint used in homes there. I wrote about this last ...
Wall Street Broker Contests SEC’s Probe with Harassment Lawsuit
Companies usually keep a low profile when the U.S. Securities and Exchange Commission investigates them. Robert DePalo decided to sue. DePalo is accusing the SEC of asking investors "leading and ...
Emerging Nations Overtake West in Dumping Electronic Trash
China and other emerging economies have overtaken Western nations in dumping old electronic goods, from TVs to cellphones, and will lead a projected 33 percent surge in the amount of waste from 2012 ...
U.S. Property Insurance Rates Continue to Soften Through Q3: Marsh
The surplus of capital among insurers and reinsurers continued to fueloverall softening in the U.S. property insurance market through the third quarter of 2013, Marsh said in a new report. For the ...
Universal, Fireman’s Fund Seek ‘Fast and Furious’ Solution Following Star’s Death
When "Fast And Furious" star Paul Walker died and left the seventh film in the franchise hanging in the balance, it wasn't the first time a studio and its insurer faced such a situation, but the ...