Markets
QBE Forecasts Profit Decline Resulting from Latin America WC Reserve Boost
QBE Insurance Group Ltd. slumped the most in seven months after forecasting an 18 percent decline in first-half earnings due to higher claims in Latin America and competition with other insurers. Net ...
Insurance.com: Most Americans Are Revving Up for Driverless Cars
While driverless cars may be some time from everyday use, most Americans are seriously game to try one. A new Insurance.com survey determined that most Americans are comfortable with driverless cars ...
Berkshire Appoints Prussack VP of New Fiduciary Liability Line
Berkshire Hathaway Specialty Insurance announced Monday that it is entering the fiduciary liability market and has named Rhonda Prussack as vice president to lead the effort. Prussack most recently ...
Hiscox Chair: Re Competition Hurts Pricing
Hiscox Ltd. Chairman Robert Childs said the Lloyd's of London insurer is writing less "big ticket" reinsurance as excess capital pushes rates lower. The second-largest Lloyd's insurer by market value ...
12% Chance of Damaging Solar Storm Over 10 Years; Preparation Key: Reuters Columnist
The probability of a solar storm striking Earth in the next decade with enough force to do serious damage to electricity networks could be as high as 12 percent, according to solar scientists. One ...
Regulators Quiz Google on Actions Related to Privacy Ruling
Google's handling of "right to be forgotten" requests from European citizens came under fire by regulators after the search engine company restricted the removal of Internet links to European sites ...
Latest El Niño 2014 Forecast: Weak and Late
El Niño will probably develop as a weak event in late summer or early fall in the Northern Hemisphere, according to MDA Weather Services, while Commodity Weather Group LLC said it may be delayed for ...
Congress Urged to Help Miners with Black Lung Disease
A retired coal miner who suffers from black lung disease urged Congress last week to help clear a backlog of claims of fellow miners who have the disease. "I look to y'all to help us to get that ...