Industry News
Institutional Investors Drove IAG Pullback from China Strategy: Reuters
When Insurance Australia Group , the country's largest general insurer, announced ambitious plans in June to ramp up its business in mainland China, several institutional investors including Jason ...
Buffett Doesn’t Cut It: What Kept Him Off HBR’s Top CEO Ranking
When Harvard Business Review put together its 2015 list of chief executive elites—the world's best performing CEOs—Berkshire Hathaway's Warren Buffett failed to make the cut. While Buffett ...
Every insurer evaluating property risk today is running the same math: more perils, more models, more data sources, and not...
Few Small Businesses OK With Weed at Work
Small businesses aren't worried that employees might come to work a little stoned, but inhaling on the job is definitely frowned upon by most small business owners, a survey by a workers compensation ...
Govt. Cracking Down on Illegal Drone Operators; Testing Tech to ID Them
The Federal Aviation Administration has signed an agreement to test technology that could locate the operators of small drones that are flying illegally near airports, as the government tries to ...
Scientists Confirm Climate-Caused Coral Bleaching Event: What’s at Stake
Earlier this month, a consortium of scientists confirmed that a "global coral bleaching event" is underway—only the third of its kind in recorded history. XL Catlin Seaview Survey, in collaboration ...
The Hartford: Middle Market Businesses Aim to Expand
Most executives and owners of midsized businesses in the U.S. expect a stronger economy in 2016, and plan to invest in new technology, hiring and geographic expansion, The Hartford found in a new ...
Germany Orders Volkswagen to Recall 2.4M Rigged Diesel Cars
The German government forced Volkswagen AG to recall about 2.4 million diesel cars after throwing out the carmaker's proposal for voluntary repairs, setting off a chain reaction by authorities across ...
Insurance Execs May Also Face U.K. ‘Duty of Responsibility’ Bank Rules
Executives at UK insurers, mortgage brokers and payday-loan companies will be covered by the same "duty of responsibility" as those in banks under legislation introduced in Parliament Thursday. The ...