News
General Liability Erupts as New Casualty Insurance Problem, Plus 9 Other Marsh Market Predictions
Automobile liability has been the problem child for casualty insurers for years, but general liability is becoming the next trouble spot, Marsh asserts in a new report looking at the top 10 U.S. ...
Buffett’s Annual Letter to Berkshire Hathaway Could Offer More CEO Succession Clues
Warren Buffett's annual letter to Berkshire Hathaway Inc. shareholders is coming Saturday, and it may bring more clues about the 87-year-old billionaire's succession plans at his conglomerate. In ...
Mobile Broadband Access and Auto Collision Frequency Uncorrelated, Actuaries Find
Mobile broadband access—used as an indicator of the likelihood that drivers may be using mobile devices while driving—appears to have no impact on collision frequency, according to a recent ...
No Insider Trades Before Cyber Breach Disclosure, SEC Says In New Guidance
The U.S. Securities and Exchange Commission on Wednesday updated guidance to public companies on how and when they should disclose cyber security risks and breaches, including potential weaknesses ...
Connected Car Data For Sale: War Over Profits Builds; Privacy Concerns Linger
Picture this: You're driving home from work, contemplating what to make for dinner, and as you idle at a red light near your neighborhood pizzeria, an ad offering $5 off a pepperoni pie pops up on ...
Global Bank Regulators in No Rush to Quash Fintech With New Rules
Global banking regulators signaled on Monday they were in no rush to adapt their rules to financial technology firms that have begun nibbling away at banks' markets. The regulators looked at how ...
Flying Cars Will Ease U.S. Traffic Congestion in 10 Years: Uber CEO
Flying cars will be zipping across U.S. skies within the coming decade—at least that's what Uber Technologies Inc. Chief Executive Officer Dara Khosrowshahi predicted last month. "There will be ...
U.S. Lawmakers Eyeing Federal Cryptocurrency Rules
Jolted by the global investment craze over bitcoin and other cryptocurrencies, U.S. lawmakers are moving to consider new rules that could impose stricter federal oversight on the emerging asset ...