News
In a Rarity, Category One Hurricane Slams Into Cape Verde
Something rare happened out in the Atlantic- - a hurricane hit Cape Verde. The islands off the coast of Africa lend their name to some of the most powerful storms the Atlantic produces, yet they ...
Small Businesses Avoid Business Interruption Coverage: Nationwide Survey
Nearly 75 percent of small businesses say they don't have a disaster recovery plan in place. For companies with fewer than 50 employees, just one in five – or 18 percent – have one, according to ...
Executives On The Move at QBE, SCOR and Hamilton Insurance Group
A veteran executive from Chubb is joining QBE Insurance as managing director of its Asia Pacific region, effective Sept. 1. Mark Lingafelter's new responsibilities include continued execution of the ...
Liberty Mutual Launches Safety Climate Surveys For Commercial Lines Clients
Liberty Mutual Insurance said it will start offering safety climate surveys to its commercial lines customers so they can learn from employees how safe they believe the workplace actually is. The ...
Cyber Risks Real as Automakers Bring E-Commerce to the Dashboard
Hackers can already take control of a car. And as vehicles become rolling shopping malls, cyber criminals will have an opportunity to snatch your identity, too. Eager for a cut of drivers' purchases ...
S&P Revises Zurich Outlook on RSA Bid News
Zurich Insurance Group's conditional bid to buy RSA Insurance Group plc for nearly $9 billion drew an outlook change from Standard & Poor's on Friday, from positive to stable, as the rating ...
CEO Personally Liable for $148M in Unfair Buyout: Delaware Judge
The billionaire chief executive of Dole Food Co. and his top lieutenant must pay $148.2 million of damages to shareholders they shortchanged when the produce company went private in 2013, a Delaware ...
Target Will Not Face SEC Enforcement Action Over Data Breach
The U.S. Securities and Exchange Commission won't pursue an enforcement action against Target Corp. after hackers stole data on 40 million credit and debit cards during the 2013 holiday shopping ...