News
CDC Reports First U.S. Case of Deadly MERS Infection from Middle East
A deadly virus from the Middle East has been found in the U.S. for the first time, the Centers for Disease Control and Prevention said today. The patient, an American health-care provider who ...
XL Group Selling Life Re Biz for $570M
XL Group plc owned subsidiary, XL Life Reinsurance (SAC) Ltd (XLLR), to GreyCastle Holdings Ltd. for $570 million in cash. XL CEO Mike McGavick said the deal represents "another strong step forward ...
Senators to Push U.S. Cybersecurity Legislation
U.S. administration officials, private sector executives and privacy advocates are reviewing a draft of a bill that would encourage sharing of cybersecurity data between the government and companies, ...
U.S. Treasury Priority: Putting an End to Tax-Driven Business Moves Abroad
The Obama administration is seeking ways to curb tax-dodging by U.S. businesses that reincorporate overseas, a U.S. Treasury official told Reuters on Wednesday, highlighting growing concern about ...
AIR Worldwide, Association of British Insurers Ally on Non-Modeled Risks
Catastrophe risk modeling firm AIR Worldwide collaborated with the Association of British Insurers and other industry experts on a detailed paper outlining the challenges of non-modeled catastrophe ...
Persistent Storm Leads to Massive Flooding In Two More States
It's become the storm that won't quit. After dropping multiple tornadoes, thunderstorms, heavy rains and flooding on states through the Southeast and Midwest, the mega-weather system has now ...
Berkshire Hathaway Delivers In a Weaker Stock Market
A ho-hum stock market so far this year may be just what Berkshire Hathaway shareholders needed. As they gather this week at the sprawling conglomerate's annual meeting in Omaha, Nebraska, and rub ...