Markets
Its Own Scientists Question EPA Claim Fracking Is Safe for Drinking Water
A landmark study by the U.S. Environmental Protection Agency that concluded fracking causes no widespread harm to drinking water is coming under fire—this time, from the agency's own science ...
Autonomous Drive From L.A. to New York Just Two Years Away: Musk
Tesla Motors Inc. Chief Executive Officer Elon Musk said within two years a customer would be able to summon an electric car to drive autonomously from Los Angeles to New York. "I might be slightly ...
Swiss Paper Reports Zurich Close to Naming Generali’s Greco as CEO
Zurich Insurance Group AG will appoint Mario Greco, the head of its Italian rival Assicurazioni Generali SpA, as chief executive officer, Swiss newspaper SonntagsZeitung reported, without saying how ...
VW Gets Easier Ride in Europe on Emissions Scandal
Volkswagen is unlikely to face U.S.-style fines in Europe over its emissions scandal because of a softer regulatory regime and its home country Germany's determination to protect its car industry, EU ...
Wal-Mart Sued by Shooting Victims’ Families Over Sale of Bullets
Wal-Mart Stores Inc , the world's largest retailer, faces a lawsuit in Pennsylvania claiming store employees negligently allowed an underage, intoxicated customer to buy a box of bullets later used ...
At No. 2, AXA Is Highest with P/C Operations on A.M. Best Global Insurer Ranking
Coming in at No. 2, French company AXA S.A. is the highest ranking insurer with property/casualty operations on A.M. Best's new roundup of the top global insurers by net premiums written. Half the ...
A.M. Best Maintains Negative Outlook For U.S. P/C Commercial Lines
Rating agency A.M. Best said it is maintaining its negative outlook on the commercial lines segment of the U.S. property/casualty (P/C) industry, despite relatively solid aggregate results over the ...
Texas Tornadoes Led to Bulk of Dec. U.S. Insured Storm Losses: Aon Benfield
The last 10 days of 2015 turned out to be brutal in terms of weather, contributing to at least $2 billion in insured losses for the month of December, according to Aon Benfield's Impact Forecasting. ...