News
Swiss Re’s Donnell: TRIA Needed in an Uncertain World
In business and life, it's important to know one's strengths and weaknesses. While the insurance industry is adept at modeling windstorms, anticipating emerging liability risks and ensuring orderly ...
Chubb Eyes Biorenewable and Industrial Biotech Opportunities
The Chubb Group of Insurance Companies is rolling out new insurance products and risk-management programs for both biorenewable and industrial biotechnology outfits. New Jersey-based Chub defines ...
IRS Warns of FATCA-Related Phishing Scams
The Internal Revenue Service is warning that "scam artists" posing as members of the agency are using phone calls and faxes in an attempt to steal financial and account holder information from ...
Nearly 2,000 U.S. Flights Disrupted by Disgruntled Worker Setting a Fire
A fire that police said was started by a contractor at a Chicago area air-traffic center grounded about 1,800 flights across the U.S., disrupting major routes run by Southwest Airlines Co., American ...
Six Movie and TV Companies Win Drone Use Approval
U.S. aviation regulators loosened restrictions on the commercial use of drones on Thursday, granting six television and movie production companies permission to use the small, remotely piloted ...
New ‘Shellshock’ Computer Bug Already Drawing Hacker Attention
Hackers have begun exploiting the newly identified "Shellshock" computer bug, using fast-moving worm viruses to scan for vulnerable systems and then infect them, researchers warned on Thursday. ...
P/C Mutuals Worry Over Technology, Regulation and Capital: Conning
Property/casualty mutual insurance companies, facing stiff competition from their stock insurer rivals, are wary about the onslaught of technology, regulation and new sources of capital, Conning, ...
Lloyd’s of London’s Investment Returns Match Headier Days
Lloyd's of London more than doubled investment income in the first half of the year as the world's oldest insurance market benefited from its holdings in U.S. corporate debt. Lloyd's reported ...