Government
Canada Feds: Rail Disaster Followed Inadequate Company Audit
The Canadian government did not adequately audit the railroad company at the center of the Lac-Mégantic crude tanker disaster, which last year killed 47 people, an independent federal agency said on ...
Subterranean Reservoir Meets Tokyo Typhoon Threat
Below the condos and boutiques of Tokyo's upscale Minato ward -- which includes Roppongi Hills, home to Goldman Sachs Group's Japan headquarters -- a boring machine has carved out the city's newest ...
Cost of Uninsured Motorists Continues to Climb: IRC
There hasn't been much ground gained in the battle to reduce the number of uninsured motorists on the road, according to a new industry report. And experts don't fully understand why a solution to ...AIG Resumes D.C. Lobbying Efforts After Hiatus
Insurer American International Group is ramping up its lobbying team in Washington, almost six years after it halted such efforts following its rescue by the U.S. government during the financial ...
Coastal Cities Sinking Faster Than Sea Levels Rising, Lloyd’s Warns
A bulletin from Lloyd's of London warns that, "as sea levels rise, ground levels in coastal megacities are also falling – with potentially disastrous implications for insurers. Insurers of large ...
California Moving Forward with $7.2B Drought Mitigation Bond
Governor Jerry Brown and California Democratic lawmakers reached tentative agreement on a $7.2 billion bond measure for water storage and delivery to drought- stricken cities and farms. The ...
Typhoon Leaves Japan on Flood and Landslide Alert
Japan maintained flood and landslide warnings covering much of the nation after Typhoon Halong moved out to the Sea of Japan this afternoon. Halong crossed Shikoku, the smallest of Japan's four main ...
SEC Alleges Kansas Avoided Revealing Pension Bond Liability
The U.S. Securities and Exchange Commission charged Kansas with failing to disclose a "multibillion-dollar" pension liability to bond investors. Documents for eight bond offerings in 2009 and 2010 by ...