International
Toronto, Worried About Safety & Liability, Seeks Uber Shut-Down
Toronto is asking a court to order the mobile car-booking service Uber Technologies Inc. to shut down in North America's fourth-largest city. Uber has been operating in Toronto since 2012 without a ...
Aon Benfield Places AIG Cover For Massive U.K. Energy Meter Project
Aon Benfield said it has brokered insurance underwritten by AIG that will facilitate the U.K. government's push to install smart energy meter systems around the country by 2020. Specifically, it will ...
P/C Lobbyists Come Out Swinging Against International Capital Standards
Trade groups representing the property/casualty industry are fighting back against a push to apply global capital requirements to large U.S. insurers who have significant international operations. ...
Air Bag Accident Victims Unable to Access Details of Other Settlements
Confidential settlements over defective Takata Corp. air bags are sealing off relevant information that other victims could use to pursue injury claims. The accords make financial sense for the ...
HSBC Will Reimburse Turkey Customers Hurt by Cyber Attack
HSBC Holdings Plc's Turkish unit said it will reimburse customers if a cyber-attack that caused the leak of 2.7 million people's data leads to fraud. While the information "isn't sensitive enough to ...
NAIC Working Group Recommends Bermuda as Qualified Jurisdiction
A working group of the National Association of Insurance Commissioners (NAIC) has recommended the Bermuda Monetary Authority (BMA) for approval as a "qualified jurisdiction" under the NAIC's ...
Aquiline Grabs Piece of Reinsurance Intermediary Beach & Associates
Beach & Associates, an independent specialty reinsurance intermediary, has a new majority investor: Aquiline Capital Partners. The New York-based private equity firm disclosed it snatched up a ...
Monsanto Resolves GMO Wheat-Related Farmer Lawsuits
Monsanto Co. said on Wednesday it reached a settlement with U.S. wheat farmers who sued the seed company over market disruption after unapproved genetically engineered wheat was discovered growing ...