Markets
Govt. Cracking Down on Illegal Drone Operators; Testing Tech to ID Them
The Federal Aviation Administration has signed an agreement to test technology that could locate the operators of small drones that are flying illegally near airports, as the government tries to ...
Scientists Confirm Climate-Caused Coral Bleaching Event: What’s at Stake
Earlier this month, a consortium of scientists confirmed that a "global coral bleaching event" is underway—only the third of its kind in recorded history. XL Catlin Seaview Survey, in collaboration ...
Playing Defense: Beyond M&A
Some reinsurers "bought themselves breathing space" with merger and acquisition activities, Standard & Poor's said in a September 2015 report titled "Defensive Plays Help Global Reinsurers to ...
Analysts’ Viewpoints: Conditions Are Difficult for Reinsurers—But It’s Not All Gloom and Doom
While the reinsurance industry continues to operate in an extremely challenging environment, rating agencies affirm that many companies have responded well over the past year by making defensive ...
The Hartford: Middle Market Businesses Aim to Expand
Most executives and owners of midsized businesses in the U.S. expect a stronger economy in 2016, and plan to invest in new technology, hiring and geographic expansion, The Hartford found in a new ...
Germany Orders Volkswagen to Recall 2.4M Rigged Diesel Cars
The German government forced Volkswagen AG to recall about 2.4 million diesel cars after throwing out the carmaker's proposal for voluntary repairs, setting off a chain reaction by authorities across ...
Insurance Execs May Also Face U.K. ‘Duty of Responsibility’ Bank Rules
Executives at UK insurers, mortgage brokers and payday-loan companies will be covered by the same "duty of responsibility" as those in banks under legislation introduced in Parliament Thursday. The ...
Air Accidents Are at a Record Low
As the spotlight falls on Dutch crash investigators and their high profile probe into the downing of a Malaysian airliner, air accident detectives worldwide are waging a much more discreet daily ...