News
Hiscox Dishes the Details on Small-Company Employee Theft
Employee theft costs U.S. companies with less than 500 people a median loss of $280,000 annually, affecting a wide range of industries, specialist insurer Hiscox found in a new report. What's more, ...
CROs Concentrate on Capital Standards and Regulatory Changes: Ernst & Young
These are the things that worry insurance company chief risk officers the most right now: confusing capital standards, more regulations and oversight, and integrating risk management with business ...
Amtrak Train in Fatal Accident Reportedly Traveled Twice the Speed Limit
The New York-bound Amtrak train that derailed in Philadelphia, killing seven and injuring more than 200, was traveling at about 100 miles per hour, twice the speed limit, according to an official ...
Coalition Demands Well Moratorium in Oklahoma Quake Areas
A coalition of environmental and grassroots organizations is calling for a moratorium in Oklahoma on the use of wastewater disposal wells by the oil and natural gas industry in areas where they may ...
Hospital Plaintiff Joins ‘Superbug’ Lawsuit Against Endoscope Maker Olympus
A Seattle hospital has joined a lawsuit against the manufacturer of endoscopy medical scopes linked to a "superbug" outbreak at the medical center, claiming the company, Olympus America Inc., put ...
AIG Moves Investment Exec Schreiber to M&A Leadership Role
American International Group Inc. named dealmaker Brian Schreiber chief strategy officer as the insurer shifts to expanding through acquisitions after years of contracting through asset sales to ...
Swiss Re Predicts More M&A Due to New Regs and Capital Surge
New regulations and an influx of alternative capital will spur more mergers and acquisitions in the insurance industry, Swiss Re AG said. "We expect to continue to see a certain shakeout in the ...
Cyber Risk Shortfall: Company Property Assets More Broadly Protected Than IT
A new industry survey underscores how companies aren't yet adequately covering their information technology risks, even as as cyber vulnerabilities rapidly become more costly and serious. Among the ...