News
Smoke Detector Recall By Google’s Nest Labs Reveals 440,000 Shipped in U.S.
Google Inc'.s Nest Labs is recalling 440,000 smoke detectors, according to a U.S. government notice on Wednesday that provides the first public revelation of how many of the smart home appliances ...
Tower Group Hires Greenhill to Advise on Debt Repayment If Merger Deal Fails
Tower Group International Ltd., the insurer that agreed to be bought by ACP Re Ltd. amid a stock plunge, hired Greenhill & Co. to provide advice on repaying debt if the takeover collapses. Tower ...
NOAA Forecasts 3 to 6 Hurricanes for Atlantic Storm Season
Three to six hurricanes will probably form in the Atlantic this year in what is forecast to be a near- to below-normal storm season. Eight to 13 named systems are expected in the six-month season ...
Brazil’s Historic Coffee Drought Spreads Industry Uncertainty
In Santos, where Brazil's normally bustling physical coffee trade is clustered in a handful of small buildings near the port, the family-owned brokers and multinational companies that move almost ...
McMahon, Other Ex-Players Allege NFL ‘Culture of Drug Abuse’ in Injury Suit
Retired players including ex-Chicago Bears quarterback Jim McMahon accused the National Football League of using painkillers to mask injuries in a "culture of drug misuse," expanding litigation over ...
Marsh: Softening Signs Seen in U.S. Umbrella/Excess Liability Rates
Average umbrella and excess liability rates in the U.S. climbed 3.1 percent higher in the 2014 first quarter. Marsh Global Analytics claims that's a sign of market softening, however, because it's ...
Global P/C Premiums Headed for Moderate Climb: Munich Re Report
An improving economy in the industrialized world will propel steady but moderate property/casualty premium growth over the next two years, Munich Re concluded in its new Insurance Market Outlook ...
Safety Agency Probing Fracking Risks After Oilfield Workers Die
The Obama administration is investigating the health risks of hydraulic fracturing after at least four deaths among oilfield workers since 2010 in North Dakota and Montana. The National Institute for ...