Global Economy
Senior Democrat Urges Tougher U.S. Response to Cyber Attacks
A senior Democratic senator warned Friday that the U.S. is failing to defend against continuing cyber attacks by China, Russia and other countries, urging the Trump administration to show resolve to ...
Proposed Coal Plant Carbon Rule Roll Back Could Trigger New Plants
The Trump administration is expected on Thursday to roll back an Obama-era rule that requires new coal plants to capture their carbon emissions, a move that could crack open the door in coming years ...
Last-Ditch Lawsuit Seeks to Invalidate Brexit Referendum
A group making a last-ditch attempt to challenge the June 2016 Brexit vote asked a London court to review whether findings that "corrupt and illegal practices" took place during the campaign were ...
For Two Years Running, U.S. Wildfire Claims Payouts Will Exceed $10 Billion
Here's an ominous milestone for the property/casualty industry: 2018 will likely be the second consecutive year where insurance claims payouts related to annual U.S. wildfires will exceed $10 ...
Executives On The Move at Planck Resolution and AGCS
Planck Resolution hired a former AIG executive in a key role. Allianz Global Corporate & Specialty promoted one of its executives to become North America regional head of Entertainment.
Clues From Massive Marriott Hack Reportedly Implicate China
Hackers behind a massive breach at hotel group Marriott International Inc left clues suggesting they were working for a Chinese government intelligence gathering operation, according to sources ...
Brexit Vote Places UK Future at Stake, EU Negotiator Argues
The British parliament's vote on Prime Minister Theresa May's Brexit deal will determine the future of the country, the chief EU Brexit negotiator said on Thursday, insisting that the deal was the ...
Executives On The Move at AIG and Swiss Re
American International Group appointed a veteran of MetLife Japan to lead its Asia Pacific General Insurance arm. Swiss Re Corporate Solutions promoted an executive to be head of Excess & Surplus ...
Insurance Broker A.J. Gallagher, Others View ‘Clean’ Coal Subsidies as Major Profit Generator
Earlier this year, the chief financial officer of global insurance giant Arthur J. Gallagher & Co. explained to analysts how the company had turned a little-known U.S. energy subsidy into a ...