Government
Survey: Cyber Attacks + Terrorism Top Reinsurance Worries
Cyber attacks and terrorism may be shaping up as the big emerging risks reinsurers face in 2015. About 40 percent of industry respondents to a recent Guy Carpenter & Co. survey said cyber attacks ...
Global Insurers Bidding for Turkey’s Halkbank Insurance/Pension Arms
Insurers from Europe, Asia and the United States are among some 20 potential bidders in the sale by Turkey's state-run Halkbank of its pension and insurance arms, three sources close to the process ...
Cyber Attacks Hit Catalan Govt. Computers During Independence Vote
Catalan government computer systems were attacked by professional-style hackers during the disputed independence vote on Nov. 9, putting basic services at risk, Regional President Artur Mas said. The ...
AIG Chairman: Corporate Behavior Can Be “Stupid,” Not Criminal
American International Group Inc. Chairman Steve Miller said prosecutors must distinguish between management blunders and criminal actions when investigating corporate behavior. "A lot of executives ...
U.S. Supreme Court Agrees to Hear Obamacare Challenge
The U.S. Supreme Court agreed on Friday to hear a legal challenge to a key part of the Obamacare health law that, if successful, would limit the availability of federal health insurance subsidies for ...
Wells Fargo Acknowledges U.S. Mortgage Insurance Settlement Talks
Wells Fargo & Co said on Wednesday it is in discussions with the U.S. government to resolve a lawsuit accusing the nation's largest mortgage lender of cheating taxpayers by submitting ineligible ...
Here’s How Republicans Swept to Some Major Election Night Wins
Republicans seized on voter anger over President Barack Obama's handling of the economy to take control of the U.S. Senate, setting up a clash of priorities that will shape his final two years in ...
The P/C Industry Calculates Its Future After Republican U.S. Election Gains
A day after the 2014 midterm elections gave Republicans control of the U.S. Senate, wider control of the House and major gains in state races across the nation, lobbyists for the property/casualty ...