Specialty
JPMorgan Cyber Attacks Sign That Rate of Trouble Will Increase
Tom Ridge, the first homeland security chief under President George W. Bush, says companies face more risk of cyber attacks similar to those that struck JPMorgan Chase & Co., Home Depot Inc. and ...
Ebola Disrupts Some of Exxon Mobil’s West Africa Operations
Exxon Mobil Corp has seen some of its oil and gas activities in West Africa disrupted by the Ebola outbreak, including plans to drill offshore Liberia, the company's chief executive officer said on ...
AmTrust Closes Deal to Snatch Up Florida WC Insurer
AmTrust Financial Services has closed its purchase of a workers compensation insurer—a subsidiary of Blue Cross & Blue Shield of Florida (Florida Blue)—right according to plan. AmTrust still ...
Data Theft from 76 Million Homes Enabled by JPMorgan Password
Hackers exploited an employee password to crack a JPMorgan Chase & Co. server and ultimately pull off one of the largest cyber-attacks ever, accessing data on 76 million households and 7 million ...
State, Federal Regulators Vow Cooperation Against Global Uniformity
State and federal insurance regulators insist they will make sure U.S. regulatory standards aren't being subsumed beneath a bid for international uniformity, though they will continue to strive for ...
AIG Trial Testimony: Billions in Bailout Bucks Came Through, Sans Paperwork
The Federal Reserve Bank of New York poured billions of dollars into rescuing American International Group Inc. in September 2008 without drawing up documents that would cement the government's ...
Allianz Makes More Management Changes
Allianz SE is continuing to revamp its executive roster. The same day that it announced its CEO will step down next year, the company disclosed more staff shuffling. Allianz Global Corporate & ...
U.S. Regulator Issues Caution Over Bond Market ‘Bubble’
The U.S. bond market may be teetering on the brink of a "liquidity cliff" and appears to be an asset "bubble" that could burst once interest rates start to rise again, a top U.S. securities regulator ...