Markets
U.S., Canada Face Below-Average First-Half at Losses: Verisk
The U.S and Canada both experienced below-average catastrophe losses in the first half of 2014, a trend that has been a relative boon for the property/casualty industry so far this year, Verisk ...
ACE CEO Greenberg Gushes About Emerging Market Potential
ACE Ltd. generated mostly robust 2014 second-quarter results. Chairman and CEO Evan Greenberg acknowledged as much during the company's investor call on July 23. But he spend a lot of time on ...
One in Four Young Adults Don’t Leave Home; Trend Rising
The share of young adults living with parents or other family members in the U.S. continues to grow in the aftermath of the most severe recession in the post- World War II era. A record 57 million ...
IBM’s Watson Teams Up With USAA on Customer-Facing Application
Fresh off of six months of training with a team from USAA, IBM's Watson is poised to answer questions from USAA's members in the first commercial use of the artificially intelligent computer as a ...
Colorado Regulators See Real Link Between Quakes and Wastewater Wells
Colorado regulators said on Thursday that the disposal of oil and gas wastewater at a well in Weld County likely caused a series of small earthquakes this year, in another sign that a U.S. drilling ...
New Breed of ‘Go-Anywhere’ Investors Transforming Emerging Markets
New types of long-term investors and flexible, "go-anywhere" investing styles are helping transform emerging markets by making the once-volatile sector less prone to the sweeping sector-wide ...
Australia’s About-Face on Climate; First Nation to Pull Back on Emissions Levy
Australia's decision to repeal its levy limiting fossil-fuel pollution makes it the first nation to turn back from a market approach to fighting global warming. Prime Minister Tony Abbott's ...
Cat Losses Ding Travelers’ Q2 Net Income
The Travelers Cos. began 2014 with a bang, giving investors a first quarter of soaring net and operating income, thanks in part to a major acquisition. For Q2, however, higher catastrophe losses ...