Markets
TRIA or Not, XL Group Is Betting on Its Own Standalone Terrorism Insurance Policy
XL Group has come up with a standalone terrorism insurance policy meant to cover gaps in the Terrorism Risk Insurance Act, or TRIA, whether or not the federal reinsurance law is renewed. The new ...
MAPFRE Seeking Acquisitions in Europe and U.S.
MAPFRE SA, the biggest insurer in Spain, is seeking to expand and may make acquisitions in Europe and the U.S., Chairman Antonio Huertas said. The company isn't constrained by regulators' efforts to ...
ACA Fuels Spike in ER Visits: University Study
The Patient Protection and Affordable Care Act may have provided health care insurance to an estimated 20 million Americans who lacked coverage, but it has not eased the demand on the nation's ...
Moody’s: Weather and Competition Threaten Rising P/C Earnings
U.S. property/casualty insurers can celebrate higher overall earnings and premium levels in the 2014 third quarter versus the same period a year ago, Moody's Investors Service said in a new report. ...
Internet of Things Fuels Billions in Tech M&A Deals
Investment in the fast-growing market for Internet-connected devices gathered pace this year and is set to attract more top U.S. technology and telecoms buyers of firms active in the market, a report ...
AIG Bailout Lawsuit Closing Arguments Expected This Spring
Hank Greenberg's legal assault on the U.S. government and the terms imposed in its 2008 bailout of American International Group Inc. brought a parade of financial crisis superstars to a Washington ...
Cyber Thiefs are Stealing Corporate Secrets to Game the Stock Market
Security researchers say they have uncovered a cyber espionage ring focused on stealing corporate secrets for the purpose of gaming the stock market, in an operation that has compromised sensitive ...
High School Concussion Suit Filed in Cook County
A former high school quarterback followed in the steps of one-time pro and college players Saturday by suing a sports governing body—in this case the Illinois High School Association— saying it ...