Industry News
Rising Number of U.S. Homes at Risk from Wildfires
The number of homes at risk from wildfires in western U.S. states jumped 62 percent in the past year as more properties were developed in fire-prone areas, according to a report released on Thursday. ...
OSHA Issues 24 Violations Against Texas Fertilizer Plant Over Deadly Explosion
The fertilizer facility in Texas that exploded earlier this year, killing 15 people, was cited yesterday by the Occupational Safety and Health Administration for 24 violations of worker safety ...
China to Allow Foreign Investors in Finance Sector to Use Yuan
China's central bank will allow foreign businesses to invest in domestic financial firms using offshore yuan funding, it said on Thursday, as part of efforts to broaden the usage of the currency in ...
U.S. Farm Bill ‘Windfall’ Option Could Cost Billions Extra: EWB Study
An insurance provision in the U.S. farm bills proposed by the House and Senate could have corn, soybean, and wheat farmers making more money in a bad year, such as during a drought, than in a good ...
Ex-AIG CEO Greenberg Wins Delay in NY Fraud Case
Former American International Group Chief Executive Maurice "Hank" Greenberg on Thursday won a short reprieve from New York's case accusing him of orchestrating sham transactions at AIG. State ...Sanders to Succeed Latham as President of Markel Wholesale
Bryan Sanders will become President of Markel Wholesale at the end of the year, John Latham, who is stepping down on Dec. 31, Markel Corp. announced Thursday. Sanders, who currently serves as ...
Marsh: Risk-Adjusted Benchmarking Offers Alternative View to D&O Market Rate Changes
Although primary rates for directors and officers liability coverage continue to firm on a traditional rate comparison basis, global broker Marsh says the excess market remains competitive with ...