News
RMS: Global Ebola Pandemic Highly Unlikely
To those who worry about the risk of a global Ebola pandemic, catastrophe modeler RMS is essentially saying, "relax." In a new blog entry on the company's web site, RMS acknowledged that the World ...
Exploiting ‘Heartbleed’ Bug Aided Massive Hospital System Cyber Attack
Hackers who stole the personal data of about 4.5 million patients of hospital group Community Health Systems Inc broke into the company's computer system by exploiting the "Heartbleed" internet bug, ...
You are shopping for a new refrigerator. How do you choose? One is the right size from a durable brand...
QBE CEO Neal: We’ll Keep U.S. Middle Market Biz
QBE has changed its mind about a possible sale of its U.S.-based middle market business, months after confirming that it was under strategic review. Why the change? It seems there's been a bit of a ...
Canada Feds: Rail Disaster Followed Inadequate Company Audit
The Canadian government did not adequately audit the railroad company at the center of the Lac-Mégantic crude tanker disaster, which last year killed 47 people, an independent federal agency said on ...
Resurgent Iceland Volcano Adds Risk to North Atlantic Flights
Airlines are on alert as one of Iceland's biggest volcanoes rumbles to life, threatening ash clouds that could force flight cancellations across the North Atlantic, the busiest international travel ...
A.M. Best: Global Reinsurance Outlook Turns to Negative
Citing "weakening operating fundamentals" for reinsurers at large as the market continues to soften, A.M. Best has revised its outlook for the sector to negative. "It remains difficult to stray from ...
QBE Responds to Profit Plunge With Plans to Sell Assets
QBE Insurance Group Ltd. plans to raise about $750 million in a share placement and sell assets including part of its lenders' mortgage insurance business in Australia after reporting an 18 percent ...
Google’s Driverless Car Impresses in Demo Run
The car stopped at stop signs. It glided around curves. It didn't lurch or jolt. The most remarkable thing about the drive was that it was utterly unremarkable. This isn't damning with faint praise. ...