Global Economy
Liberty Mutual Releases Top 10 Causes of Most Serious Workplace Injuries
The annual Liberty Mutual Workplace Safety Index documents the top 10 causes of the most serious workplace injuries – those causing an employee to miss five or more days from work – and ranks ...
2 Romanians Convicted in Malware Scheme That Infected 400,000 Computers
A federal jury on Thursday convicted two Bucharest, Romania, residents of 21 counts related to their scheme to infect victim computers with malware in order to steal credit card and other information ...
Uber Spent More than $1B on Driverless Cars So Far
Uber Technologies Inc. has spent more than $1 billion on autonomous vehicle technology to compete with giants such as Alphabet Inc., Apple Inc. and General Motors Co. The ride-hailing company ...
GE’s ‘Incomplete’ Hudson River Cleanup Leading to New York Lawsuit Against the EPA
New York state officials plan to sue the U.S. Environmental Protection Agency for allowing General Electric Co to stop clearing the Hudson River of PCB contamination before the cleanup work was ...
Several Oil Companies Allege U.S. Government Sold Toxic Crude
Exxon Mobil Corp. is the latest company to raise concerns that a stockpile of U.S. government crude is tainted with poisonous gas. The American energy giant said some of the oil it purchased last ...
Executives On the Move at Zurich and Third Point Re
Zurich Insurance's Canadian Unit named a new head of Liability, who starts in the position on July 1. Third Point Reinsurance Ltd. hired a veteran industry executive to lead its specialty treaty ...
Lloyd’s Syndicate Ascot Underwrites New Global Crop Insurance Platform
Farmers can now for the first time insure their produce against price volatility as easily as insuring their homes, with a global platform based on hundreds of niche commodity indexes, underwritten ...
Lemonade’s New $300M Financing Will Propel Expanded Insurance Offerings, European Push
Tech-driven insurance startup Lemonade Inc has signed a $300 million funding round led by Japan's SoftBank Group Corp, the company said on Thursday. Other investors included insurer Allianz SE, ...