News
Africa is Luring Global Insurance Companies
Global insurance companies are flocking to Africa, where millions of people have started earning enough to afford business cover and protection for their families, said private equity firm LeapFrog ...
PCI Conference Report: Gen Re CEO Say Hedge Funds Come and Go
"Twisted financial theories" and rating agency support are keeping the reinsurance space attractive to third-party investors, a reinsurance executive asserted at an industry conference this week. ...
EEOC Sues Honeywell; Challenges Employee Wellness Penalties
The U.S. Equal Employment Opportunity Commission has sued Honeywell International Inc. to stop the company from imposing penalties on employees who refuse to undergo testing under its corporate ...
Family Sues After School Bars Ebola-Exposed Child; ADA Damages Sought
The father of a Connecticut third-grader filed a federal lawsuit Tuesday saying his daughter has been unfairly barred from school amid fears she may have been exposed to the Ebola virus while in ...
Kimberly-Clark Being Sued Over Medical Gown Ebola Protection Claims
Kimberly-Clark Corp. was accused in a lawsuit by a Los Angeles surgeon of putting its "monetary self interest" ahead of public safety by falsely claiming its medical gowns protect against Ebola when ...
Apple CEO Places First Brick on Path for Gay Leaders
Apple Inc. CEO Tim Cook on Thursday became the most prominent American corporate leader to come out as gay, saying he was trading his closely guarded privacy for the chance to help move civil rights ...
SEC Seeking to Dole Out $600M-Plus SAC Settlement
The U.S. Securities and Exchange Commission wants to make its $602 million settlement with SAC Capital Advisors hedge fund available to people who say they are victims of illicit trading by a former ...
Three Years Later, Some MF Global Creditors Getting Paid
A large group of creditors of MF Global Holdings Ltd.'s bankrupt brokerage unit will soon receive their first payout, as $518.7 million of checks start to be mailed out on Friday, the third ...