News
SpaceX Still Doesn’t Know Why Falcon 9 Rocket Exploded
SpaceX is still homing in on why its Falcon 9 rocket exploded after liftoff last week, unable to resolve conflicting data radioed back to the ground before the explosion, CEO Elon Musk said on ...
Texas Court Approves $84.4M Settlement in 2002 Farmers Insurance Case
A Travis County, Texas district court has granted preliminary approval of a settlement with Farmers Insurance Group that will return $84.4 million to policyholders stemming from a 2002 homeowners ...
IMF Cautions U.S. on Global Economic Turmoil; Urges National Insurance Regulator
A global slowdown in economic growth, together with political and economic upheaval in places like Greece, the Middle East and Ukraine, could hurt U.S. growth going forward, the International ...
EXOR Plans to Promote from Within For PartnerRe CEO; Revises Deal Terms
John Elkann, who is offering $6.8 billion for a company that doesn't have a permanent chief executive officer, plans to find a leader internally at PartnerRe Ltd. if he wins the bidding for the ...
ISO and SFAA Announce Web-Based Reporting Solution
ISO and The Surety & Fidelity Association of America (SFAA) have launched a new Web-based tool to help make it easier for surety and fidelity bond carriers to manage the growing amounts of ...
ACE: Tech, Supply Chain and Regulatory Risks Top Concerns for EMEA Businesses
Risk managers identify technology, supply chain and regulatory as the risks currently causing their organizations the greatest concern, according to new research published by ACE European Group. ...
Friday Afternoon Cyber Scam Cost Hedge Fund $1.2M and CFO’s Job
The finance chief at Fortelus Capital Management LLP got an alarming phone call just as he was getting ready to leave work on a Friday. The caller said he was from Coutts, the London-based hedge ...
Group Backed by Tesla’s Musk Probing Artificial Intelligence Risks
Tesla Motors Inc. Chief Executive Officer Elon Musk has turned his worries about the rise of artificial intelligence into an international research program. The Musk-backed Future of Life Institute ...