Emerging Markets
New York to Ban Fracking After Health Department Calls It Unsafe
The New York state Health Department said fracking for natural gas can't be done safely, dooming prospects that Governor Andrew Cuomo will end a six-year moratorium. Acting Health Commissioner Howard ...
China Insurance Broker Expands Employee Share Issue
China-based insurance broker CNinsure Inc. said it is boosting a new share issue to employees. The independent insurance intermediary company said it is expanding the issue from up to 100 million to ...
China Reportedly Launching $6.5B Trust Insurance Fund
A planned insurance fund for China's trust industry will have an initial size of around 40 billion yuan ($6.47 billion), the state-owned China Securities Journal reported on Saturday, citing ...
Travelers Dives into Colombia Through Brazilian Joint Venture
The Travelers Cos. said it will be expanding into Colombia through a joint venture it has maintained in Brazil. By way of its partnership with J. Malucelli Participações em Seguros e Resseguros ...
Government Policymakers Will Muck Things Up for Insurers in 2015: S&P
As if a sputtering expansion in developing markets wasn't bad enough, government policymakers in the developed world will make things difficult in 2015 for insurers around the world, Standard & ...
Cyber Security a Challenge for Insurers: A.M. Best
Thirteen percent of respondents to A.M. Best's Fall 2014 Insurance Industry Survey admitted that their companies had been the targets of data breaches or cyber attacks. Larger companies appear much ...
Liability Alert: Chevron Leads in Greenhouse Gas Production
Chevron Corp. has produced more greenhouse gases than any other fossil-fuel company, according to a study released as global climate talks continued today in Lima. Chevron edged out state-owned Saudi ...
Ebola Vaccine Makers Offered Legal Immunity by HHS
The U.S. Department of Health and Human Services on Tuesday offered liability protections to drug makers rushing to develop Ebola vaccines and urged other countries to follow suit. Health and Human ...