Government
Bloomberg News Upheld in Publishing Transcript of Secret Analyst Call
In a victory for financial news media, a U.S. appeals court said Bloomberg LP acted lawfully when it secretly obtained a recording of a conference call between Swatch Group SA and securities analysts ...
Creating Conditions for Private Flood Insurance Market
New technologies and a better understanding of flood risk may have increased private insurers' interest in providing flood insurance but real obstacles remain to the private sector getting involved. ...
11 States Battle Drought, Heightened Wildfire Risk
Federal officials have designated portions of 11 drought-ridden western and central states as primary natural disaster areas, highlighting the financial strain the lack of rain is likely to bring to ...
Data Theft Nearly Impossible to Beat, Say Davos Executives
Fighting online data fraudsters is almost impossible as their ability to hack into new technology often outpaces companies efforts to protect it, senior businessmen and bankers gathering for the ...
Tonga Receives First Payout from Pacific Insurance Pilot for Cyclone Ian
The World Bank said that Tonga will be the first country to benefit from a payout under the Pacific Catastrophe Risk Insurance Pilot and will receive an immediate payment of US $1.27 million towards ...
Ex-Treasury Deputy Wolin Says Federal Insurance Office Makes Sense
To make continued improvements in the U.S. insurance regulatory system, it's imperative for state and federal officials to work collaboratively and share information and perspectives, said former ...
FSOC Scrutinizing Buffett’s Berkshire for Systemic Risk Potential
Regulators are starting to scrutinize Warren Buffett's Berkshire Hathaway Inc. to determine whether it is important enough to the financial system to require Federal Reserve supervision, according to ...
TRIPRA Uncertainty Already Pushing Workers Comp Rates Up, Marsh Says
Without disclosing the magnitude of rate changes they may be facing, Marsh reported Tuesday that employers with large concentrations of employees are experience workers compensation rate hikes and ...