International
China Opens Door to More Foreign Investment in Financial Sector
China opened up its financial sector to more foreign investment as the government said it will take targeted measures to cope with rising risks and challenges facing the industry. Foreign investors ...
Google Settles 2010 Privacy Lawsuit With Modest Payment Agreement
Google is poised to pay a modest $13 million to end a 2010 privacy lawsuit that was once called the biggest U.S. wiretap case everand threatened the internet giant with billions of dollars in ...
Equifax Will Fork Over Up to $700M in U.S. Breach Probe Resolution
Equifax Inc. agreed to pay up to $700 million to resolve U.S. federal and state investigations into the 2017 hack that compromised some of the most sensitive information of more than 140 million ...
The Latest Launches From Chubb, Berkshire Hathaway and CFC Underwriting
Chubb added new coverage for the food service industry on its digital platform for small businesses. Berkshire Hathaway GUARD Insurance Companies expanded its commercial automobile product into new ...
Cell Phones Could Still Be a Safety Issue on Some Boeing Jets
U.S. government officials in 2014 revealed an alarming safety issue: Passenger cellphones and other types of radio signals could pose a crash threat to some models of Boeing 737 and 777 airplanes. ...
Brexit Can Be Postponed Again if Needed, Germany’s Merkel Says
German Chancellor Angela Merkel said the U.K. should be given more time to leave the European Union if it needs it, as she pointed to a way out of the Brexit impasse that falls far short of what the ...
Hamilton Insurance Group Adds ‘Chief Technology Officer’ to Its Ranks
Hamilton Insurance Group Ltd. has added a "chief technology officer" to its roster of executives. Venkat Krishnamoorthy will fill the newly created slot starting on Aug. 5, 2019, reporting to Group ...
Allied World CEO Carmilani Moves Up to Corporate Parent Fairfax in New Role
Scott Carmilani, the founder and longtime CEO of Allied World, is moving up to corporate parent Fairfax Insurance Group in a newly created executive role. With his promotion, the veteran president at ...