Markets
Japan Pushes to Restore Power After Quake Causes Record Blackout, Injuries, Business Interruption
Japan's northern island of Hokkaido began to restore power after a strong earthquake overnight knocked out electricity throughout the entire prefecture of more than 5 million people. The magnitude ...
State Farm Resolves Racketeering Trial With $250M Settlement
State Farm agreed to pay $250 million on the brink of a trial to customers who claimed the company tried to rig the Illinois justice system to wipe out a $1 billion jury verdict from 19 years ago. ...
Age Discrimination Hiring Practices Targeted by Upcoming Court Cases
Dale Kleber is an experienced attorney, but when he spotted an ad back in 2014 for a corporate law position at a medical device and services company that specified "no more than seven years of ...
Bermuda Insurers, Reinsurers Increasingly Doing Business in the European Union
For Bermuda's global insurance and reinsurance market, European policyholders and businesses are becoming increasingly beneficial partners, according to a new study from the Association of Bermuda ...
The Latest Launches From Hanover, AIR Worldwide and Aon
The Hanover Insurance Group is going live with a new program designed to help reduce distracted driving among teenagers. Catastrophe modeling firm AIR Worldwide is working with reinsurance broker ...
AIG CEO Duperreault Sees Insurance Risk Benefits in Relying on ILS Market
American International Group Inc Chief Executive Brian Duperreault said on Wednesday he sees "huge potential" within the insurer's portfolio for use of a market in which investors trade assets tied ...
Gender Plays a Big Role in Workplace Harassment: Hiscox Survey
More than one-third (35 percent) of employees in the U.S. feel they've experienced workplace harassment, and half of them believe it was due to their gender. A study released by specialty insurer ...
Corporate ‘Cyber Bombs’ Making Intelligence Officers Worried
A growing number of countries can hack into private computer networks and install malicious software to sabotage another country's infrastructure, Germany's domestic spy chief said on Tuesday. China, ...