News
Liability Alert: Chevron Leads in Greenhouse Gas Production
Chevron Corp. has produced more greenhouse gases than any other fossil-fuel company, according to a study released as global climate talks continued today in Lima. Chevron edged out state-owned Saudi ...
Ebola Vaccine Makers Offered Legal Immunity by HHS
The U.S. Department of Health and Human Services on Tuesday offered liability protections to drug makers rushing to develop Ebola vaccines and urged other countries to follow suit. Health and Human ...
Hartford Reduces Energy Bond Holdings As Oil Prices Drop
Hartford Financial Services Group Inc., the insurer with a $76 billion investment portfolio, has reduced holdings of bonds issued by energy companies amid a slump in oil prices. "We've lightened up a ...
Zurich, Hiscox See Market Spikes in Healthcare Provider Liability Costs and Numbers
Healthcare providers must deal with increasingly severe malpractice or liability claims, and corresponding reality that the number of these cases continues to rise, two new property/casualty ...
Westminster American Insurance Chooses Next CEO
Regional carrier Westminster American Insurance Company has named its longtime general counsel to be the next president and CEO. John Scott, Jr. will assume the top spot on Jan. 1, 2015. He'll ...
Towers Watson: Commercial Insurance Prices Rose Slightly in Q3
Commercial insurance prices grew on average about 3 percent in the 2014 third quarter compared to the previous year. It matched last quarter's uptick and halted more than a year of consecutively ...
Report: Sony PlayStation Online Store Slammed by Cyber Attack
Sony Corp's PlayStation online store was hacked on Monday, leading to a two-hour outage, the Financial Times reported, without citing sources. Sony confirmed the outage and said it was investigating ...
Uber Insurer James River Jumps Into Junk-Rated Loans
The insurer that ride-sharing service Uber Technologies Inc. uses to protect drivers and passengers is going public, promoting how it's more willing than competitors to invest in junk-rated loans. ...