Government
Report: Congress Nears Deal on TRIA Extension
Lawmakers are close to extending a federal program that covers a portion of corporations' losses from acts of terrorism, according to three congressional aides. House Financial Services Committee ...
AIG CEO Urges More Private Industry Input for Flood Programs
American International Group Inc. Chief Executive Officer Peter Hancock cited government student lending and flood insurance as programs that could benefit from the perspective of private businesses. ...
Takata Irks Regulators by Rejecting Broader Air Bag Recall Request
The top U.S. auto-safety regulator told lawmakers there is no way Takata Corp. can justify limiting an air bag recall to only high-humidity states. David Friedman, the deputy administrator for the ...
New ISO Coverage Endorsements Counter Ebola Hits on Business
ISO is responding to concerns about Ebola with the development of two new coverage endorsements designed to help businesses when the virus strikes. Specifically, they're structured to assist ...
Allstate to Assist in Drone Development for Catastrophe Claim Work
Allstate Corp., the largest publicly traded U.S. home and auto insurer, said it will help research and develop uses for unmanned aerial vehicles to review damages after disasters. Allstate joined a ...
Supreme Court Hearing Former-UPS Driver’s Pregnancy Bias Claim
Peggy Young only has to look at her younger daughter to be reminded how long she has fought United Parcel Service over its treatment of pregnant employees, and why. Young was pregnant with Triniti, ...
TRIA or Not, XL Group Is Betting on Its Own Standalone Terrorism Insurance Policy
XL Group has come up with a standalone terrorism insurance policy meant to cover gaps in the Terrorism Risk Insurance Act, or TRIA, whether or not the federal reinsurance law is renewed. The new ...
ACA Fuels Spike in ER Visits: University Study
The Patient Protection and Affordable Care Act may have provided health care insurance to an estimated 20 million Americans who lacked coverage, but it has not eased the demand on the nation's ...