Specialty
The Driverless Car Market Could Be Worth $42 Billion in a Decade
Vehicles that drive themselves on the freeway or take over in traffic jams may be on the road in large numbers by 2017 and autonomous cars might create a $42 billion market for the technology by ...
XL Group Triggers Plan to Grab Catlin for $4.2 Billion
XL Group Plc agreed to purchase Catlin Group Ltd., a Lloyd's of London company, for about 2.8 billion pounds ($4.2 billion) as the property-casualty insurer expands in specialized commercial ...
Environmental Groups Sue EPA for Fracking Data
A coalition of advocacy groups sued the U.S. Environmental Protection Agency seeking access to information on toxic chemicals released by the energy industry through hydraulic fracturing, or ...
USAA to Test Ridesharing Insurance Coverage in Colorado
USAA will test auto insurance coverage in Colorado designed to fill a gap left in the surging ridesharing industry. Ridesharing competes with traditional taxis by offering one-time shared rides over ...
Ukraine Blames Russia For Hacker Attack Against German Government
Ukraine's prime minister blamed Russian intelligence on Thursday for a hacker attack against German government websites, for which a pro-Russian group claimed responsibility. The attack on Wednesday ...
AmTrust Financial Services Will Pursue $162 Million Offering
AmTrust Financial Services Inc. is selling $162 million of stock after striking deals this week to buy an insurance brokerage and a company that protects customers against losses on consumer ...
Newly Public Specialty Insurer James River May Be a Takeover Target
James River Group Holdings Ltd. could be a takeover target after hedge fund firm D.E. Shaw took the insurer public, according to an analyst at BMO Capital Markets. The insurer will probably post ...
Sony CEO Lauded Employees and Others For Fighting ‘Extortionist’ Hackers
Sony Corp Chief Executive Officer Kazuo Hirai on Monday praised employees and partners of the company's Hollywood movie studio for standing up to "extortionist efforts" of hackers who attacked Sony ...