Emerging Markets
First Federal Fracking Rules Face Challenge From Oil Industry
U.S. drillers already reeling from a six-month drop in oil prices denounced new U.S. fracking regulations as costly and unnecessary, and quickly met them with a lawsuit. After three years of debate, ...
Might Human Drivers Be Outlawed?
Tesla Motors co-founder and CEO Elon Musk thinks that human-driven cars could eventually be outlawed as computers show they can do a more efficient and safer job of driving. "In the distant future, ...
RMS Targets New Economic Exposure Datasets For 5 Asia Pacific Countries
RMS said it is rolling out new economic exposure datasets for five Asia Pacific countries, information that should better help perform detailed risk assessments for potential natural disasters. The ...
Target Creates $10M Fund to Settle Claims in Data Breach
Target Corp. agreed to settle with more than 100 million customers whose personal information may have been breached in a database hack in 2013, among the biggest to hobble retailers and banks in ...
Insurance Innovation Can Tackle Global Environmental Disaster Risks
Property/casualty insurance industry innovation can help tackle environmental disaster risks as they emerge around the world, a Willis executive and UN official assert. Margareta Wahlström, the UN ...
Economic Losses From Natural Disasters Could Hit $750 Billion Annually in 15 Years: AIR Study
Economic losses from global natural catastrophes likely will triple over the next 15 years, unless steps are taken to reduce bad development choices, according to preliminary results of a catastrophe ...
Former Zurich Insurance Exec Joins Berkshire Hathaway Specialty’s Singapore Team
Berkshire Hathaway Specialty Insurance continues to build its Singapore executive team, this time with a new hire from Zurich Insurance Group. Min Ong will serve as Asia Regional Head of Energy and ...
Uber, Lyft Fail in Bids to Deem Drivers Independent Contractors
Ride-hailing apps Uber and Lyft failed to persuade separate U.S. judges on Wednesday to rule that their drivers are independent contractors instead of employees, in cases that have wide implications ...