News
Canadian Pension Board Acquires Wilton Re for $1.8 Billion
The Canada Pension Plan Investment Board (CPPIB) said on Friday it agreed to buy U.S. life insurance and reinsurance provider Wilton Re Holdings Ltd for $1.8 billion from a group of private equity ...
IICF Women in Insurance Regional Forums to Be Held in June
The Insurance Industry Charitable Foundation (IICF), a nonprofit organization funded by the insurance industry and focused on community-based philanthropy across the United States, has announced the ...
Effective compliance management in insurance relies on well-organized information and digital processes that accurately reflect producer relationships across multiple interconnected...
1 in 10 Small Businesses Had Employees Working Under the Influence in 2013
One in 10 small businesses had employees show up for work last year while under the influence of at least one controlled substance, according to a new study by Employers Holdings Inc. Small-business ...
IRS Expects ‘Glitches’ with FATCA Tax Law on Offshore Accounts
A new U.S. anti-tax evasion law, set to take effect on July 1, will encounter "inevitable glitches," said the head of the U.S. Internal Revenue Service on Monday, adding that the IRS will be ...
Brazil Declaring No-Fly Zone Over World Cup Stadiums Amid Terror Concerns
The Brazilian Air Force will declare no-fly zones over World Cup stadiums to prevent terrorist attacks during this year's soccer tournament, but there's a catch: It can't shoot down intruders, for ...
Water Supplies Strained by Rising Energy Demand: UN
Rising demand for energy, from biofuels to shale gas, is a threat to freshwater supplies that are already under strain from climate change, the United Nations said in a report on Friday. It urged ...
Feds Eye Bankruptcy Link in GM Ignition Defect Probe
Federal authorities are investigating whether General Motors hid an ignition switch defect when it filed for bankruptcy in 2009, The New York Times reported on Saturday. The Justice Department's ...
Buffett Wins His $1B NCAA Hoops Bet After Just 2 Days of Play
It took less than two full days of play for Warren Buffett to win his bet that no entrant in a Quicken Loans Inc. contest would predict the winner of each game in the three-week-long National ...