Government
Montpelier Re CEO: Flat Net Written Premiums Likely For Q1
Montpelier Re Insurance Holdings President and CEO Christopher Harris said he expects 2015 first quarter net written premiums to be flat compared to the same period a year ago. The reason: results ...
New York Payout to Madoff Victims Will Surpass $7.2B
The trustee liquidating Bernard Madoff's firm on Monday said he is distributing another $355.8 million to the swindler's victims, bringing the total payout to more than $7.2 billion. Irving Picard, ...
I’ve been in this industry long enough to know that a great year can also be a warning sign more...
Insurers Face New York Cybersecurity Review After Anthem Attack
New York's Financial Services Department said on Monday it planned to do regular cybersecurity reviews of insurers in the wake of the massive breach at health insurer Anthem Inc. The state agency ...
China-Backed Hackers Suspected in Anthem Cyber Attack
Investigators of Anthem Inc.'s data breach are pursuing evidence that points to Chinese state-sponsored hackers who are stealing personal information from health-care companies for purposes other ...
Europe’s Bond-Buying Program Could Push Insurers Toward Riskier Assets: Analysts
The European Central Bank's bond-buying program may lead insurers to load up on riskier assets at the expense of financial stability, analysts at Sanford C. Bernstein said. Quantitative easing "might ...
Cyber Criminals Routinely Strike U.S. Brokerages and Advisers: SEC
U.S. brokerage firms and financial advisers are a routine target of cyber criminals and some have lost money as a result of fraudulent emails requesting transfers of client funds, the U.S. Securities ...
Dry Weather Threatens Russia’s Wheat Crop
When Russia's spiraling inflation drove up bread prices last year, a bumper wheat crop helped contain costs. The next harvest isn't looking so good. Dry weather left wheat vulnerable to damage this ...
Viewpoint: U.S. Cybersecurity Not Possible Without Govt. Participation
Chances are, your company's computers will come under attack sometime soon. The perpetrators may want to steal personal information. They may want trade secrets or intellectual property. They may ...