International
Hack Attack Hits Sony Pictures Entertainment Hard
Sony Pictures Entertainment said its computer system was down for a second day on Tuesday, following media reports of a major hacking attack aimed at the film and television studio. Before Sony ...
Risker P/C Industry Investments Likely as Returns Taper Off: Conning
The property/casualty insurance industry could very well see pricing taper into negative territory in 2015. Faced with that reality, plus low interest rates, companies may find them selves forced to ...
Report: AIG Wants At Least $450M For Luxury South Korean Hotel
AIG Global Real Estate, a unit of American International Group Inc., is seeking at least $450 million from the sale of a luxury hotel in the South Korean capital, people with knowledge of the matter ...
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 ...