News
Allied World to Launch New Managing Agency at Lloyd’s
Allied World Assurance Co. Holdings announced Monday that it has received approval from Lloyd's, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) to establish its ...
Conning to Acquire Insurance Asset Management Business from Brookfield Investment Management
Conning & Co., the money manager controlled by Jeff Greenberg's Aquiline Capital Partners LLC, is adding about $6 billion in assets from Brookfield Asset Management Inc. as the seller exits the ...
7.5 Quake on California Fault Could Be Disastrous: USGS
Experts say a bigger earthquake along the lesser-known fault that gave Southern California a moderate shake could do more damage to the region than the long-dreaded "Big One" from the more famous San ...
World is Not Ready to Deal with Effects of Global Warming: UN Panel
Global warming is depleting fresh water and crops, destroying coral reefs and melting the Arctic, the United Nations said Monday in a report that concludes the world is ill-prepared to face many new ...
Hard-Hit Millennials Miss Out on Recovery Enjoyed by Older Americans
The damage inflicted on U.S. households by the collapse of the housing market and recession wasn't evenly distributed. Just ask Jason and Jessica Alinen. The couple, who lives near Seattle, declared ...
Supreme Court Preview: Is Software Eligible for Patent Protection?
The U.S. Supreme Court will on Monday delve into the hotly contested question of when software is eligible for patent protection. The nine justices will hear a one-hour oral argument in a case of ...
Small Probability of Larger Event Following Friday’s Calif. Quake
In an announcement detailing the specifics of a 5.1 magnitude earthquake that struck Southern California on Friday, AIR Worldwide said there is a 5 percent probability that the earthquake could be a ...5.1 Magnitude Southern Calif. Quake Forced Some Weekend Evacuations
A moderate earthquake that rattled a swath of Southern California forced several dozen people in one community out of their homes after firefighters discovered foundation problems that made the ...