Specialty
Survey: Businesses Slow to Boost Cyber Insurance Coverage Despite Risks
While a majority of U.S. finance executives now see high-profile cyber-breaches as a major risk, many still have inadequate cyber insurance coverage, a new survey found. That finding comes from the ...
Allied World Eyes Medical Facility Coverage Opportunities in the U.S.
Switzerland's Allied World Assurance Company Holdings sees insurance opportunity in the U.S. for broad medical facility coverage, and is launching a new product grouping to capitalize on the ...
The Odds Ex-AIG CEO Greenberg Will Win His Bailout Lawsuit are Increasing
Lawyer David Boies has a shot at an upset win in the trial of Maurice "Hank" Greenberg's $25 billion bailout case against the U.S. government, a turnaround from the weak odds he was given just a ...
No Explosion in Virgin Spacecraft Crash
An investigation into the deadly crash of a Virgin Galactic spaceship has found that a function to help the craft descend into the atmosphere was deployed early, a federal safety official said on ...
Scientists React to Virgin Galactic Explosion: Setbacks Expected; Insurance Required
The explosion of Virgin Galactic's passenger rocket is stirring up mixed emotions as scientists and others involved in the space industry wait for more details on what happened over the Mojave Desert ...
Virgin Galactic Spaceship Test Flight Crashes in Desert; Pilot Killed
A spacecraft for Sir Richard Branson's Virgin Galactic Ltd. tourism operator crashed during a test flight in California's Mojave Desert, and CNBC reported that one of two pilots was killed. The ...
Africa is Luring Global Insurance Companies
Global insurance companies are flocking to Africa, where millions of people have started earning enough to afford business cover and protection for their families, said private equity firm LeapFrog ...
EEOC Sues Honeywell; Challenges Employee Wellness Penalties
The U.S. Equal Employment Opportunity Commission has sued Honeywell International Inc. to stop the company from imposing penalties on employees who refuse to undergo testing under its corporate ...