Markets
Zurich’s Generous Dividends Could End in Wake of Senn’s Departure
As Zurich Insurance Group AG begins the search for a chief executive officer, investors may need to prepare for more than a new face. An end to the company's generous dividends could also be on the ...
Alleghany’s TransRe Commuting A&E Cover; Paying AIG, Berkshire $400M
Weston Hicks's Alleghany Corp. will pay $400 million to wind down reinsurance deals with American International Group Inc. and Warren Buffett's Berkshire Hathaway Inc. for policies that date back ...
Widows Claim Railroad Knew of Track Tech Defect Before Texas Parade Crash
Intensive care nurse Angie Boivin had just tended to a woman whose leg was severed near the hip when she saw her husband Larry lying nearby under an American flag blanket. She says that she was with ...
Anadarko Petroleum Must Pay Nearly $160M for 2010 Gulf Spill, Below U.S. Wishes
Anadarko Petroleum Corp. was ordered to pay almost $160 million for its role as part-owner of the doomed Gulf of Mexico well that in 2010 caused the biggest offshore oil spill in U.S. history. The ...
Rudder System Failure Behind AirAsia 8501 Crash
AirAsia Flight 8501's pilots effectively wrestled each other at the controls as they sought to fight off an electronics-system failure, dooming the plane and the lives of all 162 people on board last ...
Cyber Attacks Becoming Significant Threat to Insurer Credit Quality: A.M. Best
Insurance rating agency A.M. Best still considers natural catastrophe losses to be the primary threat to the financial strength and credit quality of property/casualty insurers, but cyber-attack ...
Hurricane Stats Tallied as Atlantic Season Ends
While meteorologists were on target with their predictions of a below-normal Atlantic hurricane season, there was some activity to report, according to the Insurance Information Institute. I.I.I. ...
Top Cyber Threats for 2016; Integrity Attack on Financial Sector Likely
Businesses should expect cyber criminals to attack through wearable devices, employees' home systems, cloud services and automobiles within the next year, according cyber experts at Intel's McAfee ...