Government
Covered Agreement Negotiations Begin, with High Expectations
The U.S. and The European Commission have launched negotiations with an eye toward a "covered agreement" on insurance and reinsurance matters. Representatives from the U.S. and EU met formally ...
SEC Charges Nine More People in Global Press Release Hacking Scheme
The U.S. Securities and Exchange Commission has charged nine new defendants over what it has called a more than $100 million international scheme to hack into newswires that distribute corporate ...
Lloyd’s, London Market Face Huge Uncertainty if UK Leaves EU
A UK exit from the European Union will create a "rarely experienced" level of uncertainty for Lloyd's, the London market as well as the UK and other European economies, according to Sean McGovern, ...
MetLife Battle Against Too-Big-to-Fail Label Has Implications for AIG
A U.S. lawyer defending the government's decision to designate MetLife Inc. a potential threat to the economy was questioned sharply by a federal judge who was asked by the company to remove the ...
What P/C Insurance Industry Lobbyists Are Fighting for in 2016
Election year or not, P/C industry lobbyists are planning for a busy 2016 in Washington, D.C. The American Insurance Association and the National Association of Mutual Insurance Companies are among ...
Taiwan Arrests Developers of Apartment Building Destroyed in Quake
A Taiwanese court on late Tuesday approved the detention of three people involved in constructing an apartment building that collapsed in a deadly earthquake at the weekend. Lin Ming-hui, the former ...
U.S. to Google: Computers Can Qualify as Drivers Under the Law
U.S. vehicle safety regulators have said the artificial intelligence system piloting a self-driving Google car could be considered the driver under federal law, a major step toward ultimately winning ...
Cyber, Homegrown Terror Are Top U.S. Security Threats: Intelligence Official
Disruptions in cyberspace and attacks by "homegrown" terrorists are the most imminent security threats facing the United States in 2016, James Clapper, the top U.S. intelligence official, told two ...