Government
NY Fed Beefs Up Chicago Office in Disaster Risk-Reduction Plan
The New York branch of the U.S. Federal Reserve, wary that a natural disaster or other eventuality could shut down its market operations as it approaches an interest rate hike, has added staff and ...
Erie Insurance Joins Commercial Drone Bandwagon
Erie Insurance is joining the drone bandwagon with news that it has obtained conditional Federal Aviation Administration approval to use the technology in its claims and underwriting processes. ...
BP Spill Leads to Proposed Risk Reduction Rules For Offshore Oil Wells
The Obama administration proposed tighter rules for the offshore drilling equipment designed to be a last line of defense against oil-well blowouts, five years after the fatal BP Plc spill off ...
Google Hit With European Union Antitrust Complaint and New Investigation
The European Union escalated its four-year- old probe into Google Inc., accusing the Internet giant of abusing its dominance of the search-engine market and starting a new investigation into its ...
Arizona Law Cuts Taxes for Insurers
Arizona is set to reduce taxes for insurance companies under a new bill Gov. Doug Ducey signed into law Monday. The tax cut is expected to mean the loss of more than $44 million to the state's ...
States—Not Feds—Should Oversee Workers Comp; Reform Challenges Mount
Workers compensation insurance is getting a bad rap these days, with everyone from an investigative media organization to North Carolina's governor offering criticisms of how "the grand bargain" of ...
Amazon Drones: The Costs and The Benefits
Amazon.com Inc.'s proposed use of drones could drive down the cost to deliver small packages crosstown to about $1— a fraction of existing same-day delivery options, according to a study by a ...
Amazon Gets Fresh Approval for Drone Tests
Amazon.com Inc. has won approval from U.S. federal regulators to test a delivery drone outdoors, less than a month after the e-commerce powerhouse blasted regulators for being slow to approve ...