Government
Denial of Earthquake Claims Incurs Warning From Oklahoma Commissioner
With the dramatic increase in the number of earthquakes in Oklahoma — which some say are at least partly attributed to waste water injection wells related to the practice of hydraulic fracturing in ...
Chance of California Mega-Quake Rising: USGS
Scientists are virtually certain that California will be rocked by a strong earthquake in the next 30 years. And now they say the risk of a mega-quake is more likely than previously thought. The ...
Public Radio Report Puts Spotlight on Workers Compensation’s ‘Grand Bargain’
Earlier this month, a ProPublica/National Public Radio report putting a spotlight on the workers compensation system caught the attention of experts who were meeting in Boston to share research on ...
‘Threat-Sharing’ Cybersecurity Bill Advancing in Senate
The U.S. Senate Intelligence Committee voted 14-1 on Thursday to approve a bill intended to enhance information sharing between private companies and intelligence agencies about cybersecurity ...
Cyber Attacks Increasing on Public-Sector and Nonprofit Targets
Government agencies, cities and counties, and even the Colonial Williamsburg website have faced cyber attacks in recent weeks, underscoring that potential targets go well beyond private businesses, ...
Third Point Re Says It’s a Real Insurer as IRS Eyes Tax Rule
Third Point Reinsurance Ltd., which counts Dan Loeb as a founder, said it's more than just a hedge fund investing vehicle as the Internal Revenue Service weighs tightening regulation for offshore ...
A.M. Best: ORSA Won’t Affect Its Ratings Process
A.M. Best said that the new Own Risk and Solvency Assessment (ORSA) requirements taking effect for insurers in the U.S. this year won't affect its ratings process much at all. "Most carrier filing an ...
Insurers Face More FEMA Oversight After Sandy Claims Allegations
Federal disaster relief officials are keeping a closer eye on companies that help it provide flood insurance, following allegations by Hurricane Sandy victims that claims were denied or underpaid ...