Markets
A Diminished Hurricane Matthew Lands in South Carolina; 1.5 Million Lose Power
More than 1.5 million people were without power and hundreds of flights were grounded as Hurricane Matthew came ashore Saturday in South Carolina, rapidly losing strength along the way. Matthew ...
Hurricane Matthew Idles Plants, People, Goods Up Florida’s Atlantic Coast
Disruptions to air travel, manufacturing, supply chains and retail stores spread on Friday as Hurricane Matthew worked its way up Florida's Atlantic coast, leaving people and goods stranded and ...
The Latest Launches From The Hanover Insurance Group and Mitsui Sumitomo
The Hanover Insurance Group beefed up its policy base form for small businesses with a number of new coverage and benefits. Two divisions from Japan's Mitsui Sumitomo will team up with a third party ...
Execs to stay at Endurance After SOMPO Completes Acquisition, Pleasing S&P
Japan's SOMPO Holdings Inc.'s may be snatching up up Endurance Specialty Holdings Ltd. in a $6.3 billion deal, but executives plan to remain with the acquired company, and Standard & Poor's sees ...
Judge Rules Fiat Chrysler Must Face U.S. Safety Compliance Lawsuit
A U.S. judge on Wednesday said Fiat Chrysler Automobiles NV must face a lawsuit claiming it defrauded shareholders by overstating its ability to comply with vehicle safety laws. U.S. District Judge ...
AIG Sued for $100M in Bonuses by Former Derivatives Staff
American International Group Inc. was sued by former staff who say they were denied $100 million in bonuses amid public outrage over derivative trades that crippled the insurer and threatened the ...
Forecasters Saw Hurricane Matthew’s Damage Before It Happened
As Hurricane Matthew rolled toward Florida last week, the meteorologists at Verisk Analytics were tracking its every move. They weren't just plotting the usual meteorological stuff, though, and ...
Hurricane Matthew Reaches Florida; Millions in U.S. Southeast Told to Flee
Millions of people in the U.S. southeast were ordered to flee as Hurricane Matthew, set to become the strongest storm to hit the country since 2005, headed toward Florida's East Coast after leaving ...