Markets
McMahon, Other Ex-Players Allege NFL ‘Culture of Drug Abuse’ in Injury Suit
Retired players including ex-Chicago Bears quarterback Jim McMahon accused the National Football League of using painkillers to mask injuries in a "culture of drug misuse," expanding litigation over ...
eBay Reaches Out To 145M Users After Massive Cyber Attack
EBay Inc said on Wednesday that a cyber attack carried out three months ago has compromised customer data, and the company urged 145 million users of its online commerce platform to change their ...
Marsh: Softening Signs Seen in U.S. Umbrella/Excess Liability Rates
Average umbrella and excess liability rates in the U.S. climbed 3.1 percent higher in the 2014 first quarter. Marsh Global Analytics claims that's a sign of market softening, however, because it's ...
Global P/C Premiums Headed for Moderate Climb: Munich Re Report
An improving economy in the industrialized world will propel steady but moderate property/casualty premium growth over the next two years, Munich Re concluded in its new Insurance Market Outlook ...
Safety Agency Probing Fracking Risks After Oilfield Workers Die
The Obama administration is investigating the health risks of hydraulic fracturing after at least four deaths among oilfield workers since 2010 in North Dakota and Montana. The National Institute for ...
Why Credit Suisse Got a Bigger Penalty than UBS: Lack of Cooperation Tied to Swiss Laws
U.S. prosecutors first raised the specter of a criminal plea by Credit Suisse Group AG more than two years after starting an investigation into whether the Swiss bank had helped wealthy Americans ...
Ohio Appeals Court Hits State for WC Overcharging
The director of Ohio's state insurance fund for injured workers said Friday that he's disappointed with an unusually pointed appeals court decision that says the fund overcharged employers by ...
Making the Economics of Telematics Work for Auto Insurers
The crossroads of auto insurance these days is telematics, the use of an electronic device to monitor how an automobile is being driven. The device monitors where a car is and how it is being driven, ...