Claims & Reserving
New Credit Card Tech Falls Short in Addressing Security Problems
New technology about to be deployed by credit card companies will require U.S. consumers to carry a new kind of card and retailers across the nation to upgrade payment terminals. But despite a price ...
Financial Strength is Top Driver of Capital Use for P/C CFOs: Towers Watson
North American property/casualty insurance chief financial officers make capital spending decisions based primarily on financial strength as they confront new technology, other competitive demands ...
Insurers Targeted in Proposed New York Corporate Whistleblower Protection Law
Employees who report illegal activity in insurance, banking and financial services would be protected and compensated for their trouble under new legislation proposed by New York State Attorney ...
Banking Cyber Theft Ring Targeted Millions of PCs in Asia and the U.S.
A cybercrime operation that stole banking information by hacking more than 3 million computers in Indonesia, India and other countries has been disrupted by European police with assistance from three ...
More Digital U.S. Health Data is Increasing Medical ID Theft
Medical identity theft jumped 22 percent last year as more U.S. health data becomes electronic and easier for cyber criminals to steal from doctors' offices, hospitals and insurers. Incidents of ...
BP Wants Appeals Court To Slash Size of 2010 Gulf of Mexico Spill
BP Plc asked a federal appeals court in New Orleans to review a trial judge's ruling that 3.19 million barrels of oil gushed into the Gulf of Mexico from the company's blown-out well in 2010. The ...
Australia’s Coal Miners and Farmers Avoid Brunt of Powerful Cyclone
Commodities producers were spared the full wrath of a powerful cyclone that smashed into the east cost of Australia packing winds up to 285 kph (175 mph), but thousands of coastal residents on Monday ...
Train-Delivered Canadian Crude Oil Shipments Will Need More Insurance
The Canadian government is overhauling its safety rules for crude oil shipments by train, creating a disaster fund and forcing railways to carry more insurance. Oil companies will pay into the fund, ...