News
Southeast Asia Pilots Taking Risks in Overcrowded Skies
The sheer volume of flights in the skies over Southeast Asia is putting pressure on outdated air traffic control and on pilots to take risky unilateral action in crises such as that possibly faced by ...
OSHA Rule Changes on Worker Death, Injury Reports Take Effect
Effective Jan. 1, 2015, all employers under the jurisdiction of the Occupational Safety and Health Administration will be required to report all work-related fatalities within eight hours. In ...
Insurance has always been about helping people and businesses navigate uncertainty. While most insurance policies cover familiar exposures like property,...
Willis Re: TRIA’s Demise Leaves Companies Actively Pursuing Alternate Coverage
Companies are actively pursuing alternative coverage to fill in reinsurance gaps left by the demise of TRIA after Dec. 31, Willis Re said in its Jan. 1, 2015 renewals report. "There are many ...
Bank of America’s Countrywide Mortgage Bonds Trigger Ambac Lawsuit
Ambac Assurance Corp sued Bank of America Corp to recoup hundreds of millions of dollars of losses from insuring roughly $1.68 billion of securities backed at least in part by risky mortgages from ...
Apple Storage Space Shortage in iOS 8 Spurs Customer Lawsuit
Apple Inc. misleads consumers about the amount of storage space used by its iOS 8 operating system in iPhones, iPods and iPads, two users claimed in a suit targeting the software, adding a new ...
Brown & Brown Selling Axiom Re Assets to Beach Re
In connection with a strategy to exit the reinsurance brokerage space, insurance intermediary Brown & Brown, Inc. said it is selling certain assets of subsidiary Axiom Re LP to Beach Re Limited ...
AAA: Americans Murky on Driving Risks with Pot and Prescription Drugs Alike
About 85 percent of Americans want to see laws that punish drivers impaired by marijuana, even as more states have legalized its recreational use. They remain less worried, however, about driving ...
BlackBerrys Could Serve As Cyber Security Solution
If there's one company that's gotten a bit of good press from the Sony Corp. hacking scandal, it's BlackBerry Ltd. The beleaguered entertainment company dug up old BlackBerrys to use after Sony's ...