Markets
Proposed Cyber Security Regs Eased in New York After Industry Complaints
New York state's financial regulator on Wednesday issued a revised proposal for the nation's first cyber security rules for banks and insurers, loosening some security requirements and delaying ...
Climate Change Likely to Drive Stronger, Smaller U.S. Storms
The effects of climate change will likely cause smaller but stronger storms in the United States, according to a new framework for modeling storm behavior developed at the University of Chicago and ...
Ex-Players Abandon Case to Force NFL to Pay Workers Comp. for Concussions
The federal court case brought by 38 former National Football League players seeking to force the NFL to recognize chronic traumatic encephalopathy (CTE) as a covered disease under workers' ...
Hannover Re, SCOR Gain Approval to Open India Branch Offices
Both Hannover Re and SCOR have gotten regulatory approval to launch branches in India. Hannover Re announced on Dec. 28 that the Insurance Regulatory and Development Authority of India granted ...
Executives On The Move at Chubb and XL Group
Chubb promoted one of its own to become its new head of Multinational Claims for Overseas General Insurance. XL Group's investor relations director is retiring, and the insurer has hired a ...
Halliburton Will Pay $100M to Settle Shareholder Class Action Lawsuit
Halliburton Co on Friday said it had reached a $100 million settlement to resolve a long-running securities fraud class action lawsuit against the oilfield services provider that twice reached the ...
Reuters Special Report: ‘Superbug’ Outbreaks Kept Secret at Hospitals, Nursing Homes
The outbreak started in January 2014. That's when a resident of the Casa Maria nursing home here was diagnosed with Clostridium difficile, a highly contagious and potentially deadly "superbug" that ...
China Insurance Regulator Tightens License Rules: Sources
China's insurance regulator is making it much tougher for insurers to get new licenses as it seeks to reduce risks resulting from the aggressive business and investment practices of some players, ...