Commercial Lines
Eastern U.S. Faces Heightened Travel Risks With Christmas Eve Downpour
Planning a trip in the eastern U.S. this holiday season? Pack a little extra time along with the presents. You might need it if the meteorologists are right. First, though, the positive side to the ...
Greenhouse Gas Emissions Still Rising From the World’s Top Companies
Greenhouse gas emissions by the world's top 500 companies rose 3.1 percent from 2010 to 2013, far off the cuts urged by the United Nations to limit global warming, a study showed on Monday. The top ...
Cat Modelers Look to Clarify Cost of Cyber Risk
Even as the Sony Corp. cyber attack laid bare the kinds of vulnerabilities that typically drive companies to buy insurance policies, the lack of a risk model for insurers means such protection is not ...
RMS Reflects on the 2014 Catastrophe Risk Landscape
For the insurance industry, 2014 was not a year of big losses. However, look more closely and you will see a string of near misses and important reminders of the forces that can wreak destruction and ...
Report: XL Group/Catlin Merger a Done Deal
XL Group plc may have already closed an M&A deal with rival Catlin, according to international media reports. XL CEO Mike McGavick acknowledged on Dec. 17 that talks were underway, with a ...
BP U.S. Oil Spill Fine Could Reach $18 Billion
The government wants BP Plc to pay $16 billion to $18 billion in water-pollution fines for the worst offshore oil spill in U.S. history while seeking more than $1 billion from the co-owner of the ...
Staples Admits Data Breach May Have Hit 1.16M Payment Cards
Office-supply retailer Staples Inc said about 1.16 million payment cards might have been affected by the data breach announced in October. An investigation by external data security experts showed ...
South Korea Nuclear Power Data Leak Spurs Investigation
Seoul prosecutors have launched an investigation into a leak of non-critical data at South Korea's nuclear power operator, the prosecutors' office said on Sunday, as worries mount about nuclear ...